MANILA, Philippines - The Bureau of Customs has seized P1.5-million worth of television sets allegedly imported illegally by an appliance store.
In a statement on Friday, BoC said seven units of Sharp's LED TV sets were taken from the Listening in Style stores located in Shangri-La Plaza Mall and in Eastwood for failure to show proof of payment of duties and taxes on the seized goods.
BoC Commission Ruffy Biazon said the agency conducted an investigation on the stores following a request from Sharp Philippines' officials. The commission seized the imported TV sets last January 17, after weeks of surveillance on the stores.
The seized TV sets are as follows: one unit of Sharp's 90-inch LED TV worth P600,000; two units of Sharp's 80-inch LED TV worth P300,000 each; and four units of Sharp's 60-inch LED TV worth P85,000 each.
For its part, Listening in Style's legal counsel, in its Offer of Settlement, said the TV sets were bought from an overseas Filipino worker.