P213M tax raps filed vs businessman in fake cigarettes trade
The Bureau of Internal Revenue on Friday filed a P213-million tax evasion case against a businessman from Tacloban City after government agents raided a warehouse where a huge quantity of cigarettes were seized with fake revenue stamps.
In a complaint filed before the Department of Justice (DOJ), the BIR identified the proprietor as Paul Cartel Radam, of Paul Radam Realty and PR Petron Filling Stations in Tacloban City.
The case stemmed after NBI agents raided Radam’s warehouse in Barangay Nula-Tula, and seized more than 1,200 master cases or about 60,000 cartons of cigarettes with counterfeit revenue stamps, a violation of Sections 263 and 265 of the Tax Code.
“As a consequence of the criminal act, the accused evaded payment of correct tax and is liable to pay an aggregate deficiency excise in the total amount of P213 million, inclusive of increments,” the BIR stated.