VAT removal from system loss charge may take effect next month – ERC
MANILA, Philippines – The removal of the value-added tax (VAT) on the widely unpopular system loss charged by electricity distributors may take effect as early as next month, Energy Regulatory Commission (ERC) Chairperson Francis Saturnino Juan said on Wednesday. At a congressional budget hearing, Juan said the ERC already laid down Resolution No. 26 of
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