DTI-Ifugao monitors strict implementation of consumer protection laws

LAGAWE, Ifugao, Sept. 25 (PIA) -- The Department of Trade and Industry (DTI) in the province is committed to continuously protect the consumer against deceptive, unfair and unconscionable sale acts and practices.

 

Renato Alfonso of DTI-Ifugao said they are continuously monitoring business establishments and other concerned entities in the province to ensure the strict implementation of laws and policies protecting consumers.

The DTI is particularly monitoring the implementation of Republic Act No. 10909 or the Shortchanging Act of 2016.

Alfonso explained that under R.A 10909, all business establishments including sari-sari stores and government-owned and controlled corporations and government agencies performing proprietary functions are mandated to give exact change to consumers.

“The law prohibits giving of other forms of change like candy in lieu of monetary change. The Implementing Rules and Regulations specifies that it shall be the duty of business establishments to give the exact amount of change without waiting for the consumer to ask for it,” he added.

Business establishments found to have violated the provisions of the Act will face the penalty ranging from P500 to P25,000 or three to ten percent of gross sales on the day of violation, whichever is higher. Penalty for the third offense includes the suspension of license to operate for three months and its revocation for the fourth offense.

Agencies tasked to agencies to help in the effective implementation of the law include the Bangko Sentral ng Pilipinas, Bureau of Internal Revenue, Local Government Units, and the Land Transportation Franchising and Regulatory Board. (JDP/MBL, PIA CAR, Ifugao)

 

EL Kikasa
EL Kikasa

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