Philippine Passport Stands Out Globally For Its Unique Aesthetic

Ipinagmamalaki ng Pilipinas ang kanyang maroon na pasaporte, tampok ang agila na simbolo ng ating lakas at kalayaan.

DHSUD Marks PBBM’s 1000th Day With 4PH Project Inspection

Bilang paggunita sa 1000th araw ni Pangulong Marcos Jr., pinuntahan ng DHSUD ang proyekto ng Bocaue Bulacan Manor sa ilalim ng 4PH.

Batanes Urged To Follow Bhutan-Inspired Low-Impact, High-Value Tourism

Sa pamamagitan ng Bhutan-inspired tourism, maaring maging world-class ang Batanes habang pinapangalagaan ang kalikasan.

Senator Bats For Stronger French-Philippines Ties On Sustainable Blue Economy

Senador Loren Legarda, nagpahayag ng suporta sa pakikipagtulungan ng Pilipinas at France para sa isang sustainable blue economy.

Ilocos Norte Eyes Higher Tobacco Excise Tax Share

The province of Ilocos Norte eyes to increase its share in tobacco excise tax with strengthened monitoring this trading season.
By The Philippine Post

Ilocos Norte Eyes Higher Tobacco Excise Tax Share

0
0

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The province of Ilocos Norte is eyeing to increase its share in tobacco excise tax with strengthened monitoring this trading season.

In partnership with authorities from the provincial government, the League of Municipalities of the Philippines, the National Tobacco Administration (NTA), and the Philippine National Police, the transport of tobacco outside the province will be monitored in border checkpoints to ensure that tobacco grown in Ilocos Norte are properly documented.

On Wednesday, the monitoring task force representing these four agencies convened a meeting at the NTA Batac City to familiarize themselves with the legal basis for the issuance of NTA trading rules and regulations, as well as the rules and regulations in the implementation of regulatory activities.

Luzviminda Padayao, officer-in-charge of the NTA, said during the orientation that the subjects of inspection include traders, vehicles carrying tobacco as well as its volume and capacity, among others.

Five years ago, Ilocos Norte’s tobacco production has dwindled, resulting in a significant decrease in the local government unit’s share under Republic Act 7171 or the so-called tobacco excise tax.

An aggressive campaign to revitalize the ailing industry, a multisectoral group composed of farmers, buyer firms, local government units, and the NTA pooled their resources as they are now directly involved in the Tobacco Contract Growing System (TCGS).

TCGS is a market-oriented and technology-based production system, addressing specific volume and quality requirements of the market.

Nestor Casela, a member of the NTA Governing Board, said Tuesday that tobacco production for all tobacco types like Virginia, Burley, and native increased by 1.89 percent, from 46.6 million kilos valued at PHP3.92 billion in 2019 to 47.5 million kilos, valued at PHP3.93 billion in 2020.

“This figure may increase, however, as documentation of native tobacco is still continuing,” he said.

The tobacco contract growing system which is being piloted in the province hopes to encourage more farmers to plant tobacco by providing them at least 20 percent subsidy in farm inputs such as fertilizers and pesticides. (PNA)