GOD BLESS YOU PRESIDENT CORY!

GOD BLESS YOU PRESIDENT CORY!

Friday, August 13, 2010

Supreme Court Issues TRO on SLEX Toll Fee Increase and VAT Imposition

13 August 2010

The Supreme Court has reportedly issued temporary restraining orders that will prevent the implementation of the toll fee increase in the SLEX as well as the imposition of VAT on toll fees on Monday. The government was given ten days to submit its comments. This is according to a flash report by Nelson Lubao, Radyo Patrol Number 33 of DZMM. It's now 2:40pm, Manila time.

We saw in last night's news reports the apparent impotence of the Senate Finance Committee chaired by Senator Ralph Recto in persuading the BIR to accept the Senate's position that the VAT on toll fees is an illegal exaction. It's now up to the Supreme Court to lay down the final word on this matter.

1 comment:

  1. hi.. just dropping by here... have a nice day! http://kantahanan.blogspot.com/

    ReplyDelete

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