IRC, ICCC sign MoU to monitor zero GST implementation

The Internal Revenue Commission (IRC) and the Independent Consumer and Competition Commission (ICCC) on June 11 signed a memorandum of understanding (MoU) to enhance information sharing for enforcing the Goods and Services Tax (GST) zero-rated initiative. The MoU allows the two agencies to exchange vital information regarding the GST zero-rated basket of goods. This initiative...