The Bureau of Internal Revenue (BIR) is developing a digital track-and-trace system using QR codes to help consumers and regulators verify the authenticity of vape products and other excisable goods.
This initiative aims to combat the widespread smuggling and sale of unregulated vape products that evade taxes and pose health risks.
BIR Commissioner Romeo Lumagui Jr. highlighted the challenge of enforcement, as many retailers unknowingly sell counterfeit items, and the shift from cigarettes to vaping complicates tax collection.
The system is expected to recover lost revenues and support both government enforcement and compliant businesses.
The BIR is also encouraging public participation through reporting channels and incentives to strengthen efforts against the illicit vape trade.
Source: PhilNews24 | June 21, 2025
Latest from Business
The Philippine Competition Commission and the Independent Electricity Market Operator of the Philippines, Inc. have signed
Philippine Airlines (PAL) has received its first-ever “BB” credit rating and a stable outlook from Fitch
PLDT Inc. is open to investing in the proposed AI hub in New Clark City, but
The United States is considering opening all its ports to fresh pineapple exports from the Philippines
The Department of Agriculture (DA) announced the shipment of Guimaras mangoes to Europe and Hong Kong
