Mindanao Daily Northmin (March 16, 2016)

Page 1

Mindanao Daily NEWS northmin . caraga . davao . westmin

vertical home builders enterprises Patag Highway, Cagayan de Oro City

Tel. No. 858-5789 / Fax No. 850-5020; Cel. Nos. 0919-655-3754, 0923-304-2676 Email: verticalhomebuilders@yahoo.com

Dealer of hardware and construction materials: Product Lines: Angle Bars; Gl Pipes; C-Purlins; Holow Blocks; Coco Lumber; Carrying Channel; Double Furring Channel; Single Furring ; Acoustic Board; Polycarbonate; Power Tools; Good Lumber S4S; Panel Doors; PVC Laminated Panel; PVC Vertical Blinds; Roller Blinds ; Wooden Blinds; Armstrong Vinyl Tiles; Kent Vinyl Tiles; Parquet Tiles - Apo Vinyl Tiles.

“YOU NAME IT, WE HAVE IT.”

Bringing Good News of Mindanao

Distributor & Dealer of: Steel Bars; Holcim Cement; Davis Paint; Sand & Gravel; Plywood; INdustrial Supplies; Finishing Supplies; Electrical Supplies; Power Tools; Air Compressors

BIR padlocks two more business stores in Oro Volume IV, No. 236 web portal: www.mindanaodailynews.com

Wednesday

March 16, 2016

P15.00

By CHENG ORDOÑEZ BWM Executive Editor

CAGAYAN de Oro City-The Bureau of Internal Revenue, Revenue Region No. 16 (BIR RR16), here, served closure order for two hardware stores under the trade name, Cagayan Diamond Hardware and Auto Supply, owned by Richard Caminse, which were padlocked Tuesday, March 15, 2016, due to tax deficiency, including penalty, worth almost P900,000. The establishments padlocked by BIR officials led by BIR RR16 Regional Director Glen Geraldino were the main office, located along Hayes-Capt. Roa Streets, and its branch store, at Barangay Upper Macasandig, this city. Atty. Geraldino said, “the establishment (Cagayan Diamond Hardware and Auto Supply) has violations under tax laws. First, unregistered delivery receipts and, second, under-declaration of taxable sales of more than 30 percent, actually 106 percent. So, under the law, they will be temporarily closed until such time they are going to comply with their obligations, including, of course, the payment of taxes.” It was learned that the under-declared gross sales of the Cagayan Diamond Hardware and Auto Supply reaches P4.2 million. Geraldino and Assistant Regional Director Nuzar Balatero led the simultaneous padlocking of the See BUSINESS, page A11

PADLOCKED. Bureau of Internal Revenue - Revenue Region No. XVI Regional Director Glen Geraldino (center) confers with Assistant Regional Director Nuzar Balatero as they serve the closure order on Cagayan Diamond Hardware and Auto Supply main office at Divisoria and its branch, at Upper Macasandig, both in Cagayan de Oro, Tuesday, March 15. The closure of the two hardware stores brings to six the number of establishments padlocked by the Bureau in this city. Mindanao Daily News photo by Gerry Lee Gorit

Agus 1 and 2 reconnected to Mindanao power grid

DAVAO City––Agus 1 and 2 of the Agus hydropower complex have been reconnected to the Mindanao grid after the Interagency Task Force on Securing Energy Facilities restored Monday transmission tower 25, which was toppled on December 24, 2015. In a press statement released on Monday, the Department of Energ y

(DOE) said restoration works on tower 25 located in Ramain, Lanao del Sur started last March 5 after the Regional Trial Court in Marawi City issued a court ruling directing lot owners “to allow access in their claimed property for the rehabilitation to proceed smoothly.” The order was directed to lot owners Johny, Intan

and Naguib Sambitori. Restoration works on tower 25 had been stalled since December when the Sambitori family demanded that government pay P40 million in unsettled claims for the portion of the lot where the structure stood. “With the cooperation from all stakeholders to restore Tower No. 25, See POWER, page A11

A1


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.