Price tags sought for ukay-ukay products | Inquirer News

Price tags sought for ukay-ukay products

/ 10:37 AM August 26, 2012

VENDORS of ukay-ukay or used clothes and goods should place price tags on their wares.

The Cebu City Council passed a resolution for this purpose  last week.

Vendors should also issue receipts, said Councilor Alvin Dizon, who authored the resolution.

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“(We) likewise request the Bureau of Internal Revenue to monitor and inspect these ukay-ukay shops to ensure their faithful compliance of existing tax laws and regulations requiring establishments to issue official receipt for payment,” the resolution stated.

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The council acted on the rising number of ukay-ukay stores that are frequented by budget-conscious consumers and low  income families.

Officials said patronage of ukay-ukay products are expected to pick up at the onset of the Christmas season, which starts next September.

The council called on the Department of Trade and Industry (DTI) to monitor and inspect activities of ukay-ukay stores. They said this will help ensure compliance with Republic Act 7394 or the Consumer Act of the Philippines.

The law requires stores to put price tags on items which they sell “to provide buyers with adequate information and prevent sellers from jacking up their prices.” Correspondent Edison delos Angeles

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TAGS: price tags, Ukay-ukay

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