WORKERS of the One Stop Shop Interagency Tax Credit and Duty Drawback Center (OSS-Center) are accusing the Commission on Audit of derelection of duty for allegedly failing to audit the transfer and use of P8.65 billion worth of tax credit certificates (TCCs) issued to eight firms in 2008 to 2014.
This, the workers claimed in a petition sent to the COA, virtually “exonerated” the eight firms of any liability.
The petition alleged that COA, through its Special Audit Office (SAO), pinned the blame on 21 workers of the OSS-Center, who facilitated and worked on the transfer and use of the TCCs.
The OSS-Center is an office in the Department of Finance that approves applications for TCCs from export firms to enhance their competitiveness in the world market. A TCC is a refund of taxes that export firms pay the government. It could be used to settle taxes, customs duties, and other liabilities and can be transferred to a third party.
