The Cagayan de Oro Water District and its primary supplier are unable to reach an agreement on the amount of the debt
This is AI generated summarization, which may have errors. For context, always refer to the full article.Franck Dick Rosete/Rappler
Engineer Antonio Young, COWD’s general manager, told Rappler on Wednesday, April 24, that there was already VAT included in the base rate of P16.60. Therefore, the supplier shouldn’t add VAT to the adjustment implemented in 2021. Meanwhile, Rodrigo said he needs to bring the proposal to management. But he pointed out the potential consequences for previous billings and VAT remittances if the formula is reinterpreted.
The government-run water district refused to acknowledge the adjustment implemented by COBI due to the force majeure clause invoked in their contract because of the COVID-19 pandemic crisis.
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