A steady increase in the collection of its Sand, Gravel and Mining (SGM) Tax was reported by the Provincial Environment Management Office (PEMO) from the period January to October this year.
Based from the financial report of the Provincial Treasurer’s Office (PTO), PEMO disclosed that the 10-month SGM tax collection now totaled P15,756,328.18.
Earlier, an SGM tax collection of P14,276,378.28 from January to September this year was reported by PTO.
South Cotabato’s share on the SGM tax also increased from its previous 9-month share of P5,896,974.91 to its present share of P6,455,602.38.
SGM tax monthly average collection for the 10-month period is now P1,575,632.818, and considered as one of the highest monthly average when the collection of SGM tax was implemented among small-scale miners and quarry operators many years ago.
Provincial imposition on SGM tax includes Sand and Gravel Tax, Mining Tax, Mining Permit Fee, Ore Transport Fee, Occupational Mining Tax, Verification Fee, Filing Fee, Permit Fee, Projection Fee, Processing Fee, Fines/Penalties/Surcharges and Miscellaneous (Delivery Receipts).