7 months Trader faces raps over P300-M fake cigarette tax stamps MB
By Jeffrey Damicog  The Bureau of Internal Revenue (BIR) filed on Thursday before the Department of Justice (DOJ) a complaint against a Tacloban City-based businessman after a raid in his warehouse yielded P300 million worth of fake cigarette stamps, a violation of the National Revenue Code of 1997. Bureau of Internal Revenue (MANILA BULLETIN) Facing raps is James Laplana Sy, the sole proprietor of Dynasty Square based in Tacloban City. In its complaint, the BIR accused Sy of unlawful possession of articles subject to excise tax without payment of the tax and for possessing false, counterfeit, restored or altered stamps ... more