DAVAO CITY The Bureau of Internal Revenue (BIR) here has padlocked a hardware store for under declaration of sales.
BIR Revenue Region No. 19 regional director Glen Geraldino said they closed on Thursday the Davao Datan Hardware located at the Atlantic Export Bldg. at the corner of Sta. Ana Ave. and Lizada St., this city.
BIR records show the store had under declared their sales in 2010 and 2011, the value of which reached to a total of P59 million.
The establishment was also found out to have no cash register and cash machine. The store is accepting payments manually which is in violation of BIR rules and regulations, he said.
Geraldino said the store was placed under surveillance for 11 days before it was finally padlocked. The store however is given five days to pay five percent of the total P59 million under declared sales equivalent to the amount of P7.1 million.
The store will only be allowed to operate anew provided it comply with the five percent payment and upon correction of other violations such as the acquisition of cash register and machine.
Geraldino added that next week, about three stores are due for closure for similar violations. He however declined to name the stores pending the actual implementation of the BIR order.
He said BIRs Oplan Kandado will continue to curb the number of tax violators in the country to improve government tax revenues.
The BIR's RR No. 19 here, in its 2012 Priority Programs, has targeted to achieve its P10.2-billion revenue goal this year. (PNA)