Senator Gatchalian Advocates for Removing VAT on System Loss and Shifting Burden to DUs

Senator Gatchalian asserts that the Value Added Tax (VAT) on system loss can be removed without new legislation and that distribution utilities, not consumers, should bear the cost of technical system loss. He argues for a shift in responsibility to alleviate consumer burden.

20 Aug, 06:32 — 20 Aug, 06:32

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inquirerMostly Factual6d ago

Gatchalian: VAT on system loss can already be removed without law

MANILA, Philippines — Senate President Sherwin “Win” Gatchalian on Thursday said the 12-percent value-added tax (VAT) on electricity system loss charges can already be removed even without a law. Gatchalian made the pronouncement during a Senate energy panel hearing on system loss, citing a consultation meeting with Bureau of Internal Revenue (BIR) chair Charlito Mendoza,

By dsanchez

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Senator Gatchalian Advocates for Removing VAT on System Loss and Shifting Burden to DUs

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Gatchalian: VAT on system loss can already be removed without law

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