Miller ordered to pay P4-M tax for seized imported rice
A rice milling company in San Jacinto town was ordered to pay P4 million in taxes owing to its excess importation of white rice four years ago that were not covered by a certificate of eligibility to import.
This was gleaned from the decision dated November 16, 2020 of the Court of Tax Appeal (CTA) ordering the Progressive Milling Corp. to pay the assessed cost on duties covering 603.15 metric tons of white rice valued at P4.11 million it imported from Thailand.
The decision was penned by CTA Associate Jean Marie Bacorro-Villena of the Second Division and concurred in by Associate Justice Juanito Castaneda.
In that decision, the company was also ordered to pay a fine equivalent to the 30 percent of the deteriorated value of the white rice, plus storage fee.
The CTA likewise ordered the Bureau of Customs to release the imported rice shipment to the company once the payment has been made.
A report in 2016 showed the company was granted a certificate of eligibility to import 9,250 metric tons of white rice from Thailand and paid in advance all duties in the amount of P64.45 million.
The shipment arrived at Poro Point, La Union in December 2016 and before it can be brought out from the Customs zone, it was stopped due to the discovery that it was in excess of 603.15 metric tons of the volume specified in the import permit.
The Bureau Customs Legal Service ordered the forfeiture of the white rice not covered by the import permit. (Leonardo Micua)
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