Friday, July 21, 2017

Cua scrutinizes BIR’s stamp system project

Quirino Representative Dax Cua, chair of the House committee on ways and means, scrutinized the implementation of the Internal Revenue Stamps Integrated System (IRSIS) on tobacco and alcohol products by the Bureau of Internal Revenue (BIR), the Department of Finance (DOF), and the APO Production Unit Inc.

This after Marikina City 2nd District Representative Miro Quimbo questioned why APO was chosen for the IRSIS project.

Quimbo also said the BIR does not have the necessary expertise to implement the IRSIS project.

Cua, meanwhile, asked the government agencies how they can prevent the production and use of counterfeit stamps.

The Quirino politiko added that APO does not have enough equipment to implement IRSIS, because it only has 35 taggant detectors and readers to identify the validity of 3.9 billion stamps.

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