The older Marcos said that Devanadera’s suggestion to remove VAT from power generation charges is in line with her proposals under Senate Bill No. 219 — which she believes is long overdue.
“Removing the VAT on electricity charges will benefit not only household and commercial end-users. It will also make the Philippines more attractive to foreign investors who balk at the country’s high power rates, arguably the highest in Asia,” she added. As of now, all of the electric bill’s components — except for universal fees and feed-in-tariff allowance charges — have been subjected to VAT. This means that generation, transmission, distribution, and even the fuel used by some power generation companies have an additional 12 percent charge due to VAT.
“This should be considered because it has an immediate impact on customers, especially those with monthly consumption of 200 kilowatt-hours and below. It translates to a discount of as much as P100,” the ERC chief told reporters in a virtual media roundtable.According to Sen. Marcos, placing VAT on only one component would ease the load on consumers, especially with oil prices increasing as an offshoot of the Russia-Ukraine conflict.
GabrielLaluINQ Yun lang criteria?
GabrielLaluINQ tangina. right
GabrielLaluINQ No, she's corrupt
GabrielLaluINQ we'll know later whether this testament is a fact or fallacy ✌️👊🇵🇭🇵🇭🇵🇭 BBMSaraUNITEAM
GabrielLaluINQ See this biatchwill run the country, walang utak si BBM to do that at d nya papayagan asawa nyang maasim ang mukha to be the first lady cge magpatayan kayo mga animal naman kayo 🤭
GabrielLaluINQ Kelan ba magkakaron ng department of windmill ng maisabit baba nito at baba ni juliana at baba ni Clarita 😂😂😂😂😂
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