DTI to businesses: Give exact change 

June 4, 2017 at 7:05 pm Leave a comment

By Virgilio Sar. Maganes

 DAGUPAN CITY- The Department of Trade and Industry (DTI)-Pangasinan Office warned business establishments in Pangasinan to give exact change to their customers or else they will be slapped with fines and penalties.

 This was said by Marjorie Estoesta-Loresco, chief of the Trade and Consumers Division of DTI-Pangasinan during the KBP Forum held at PIA-Pangasinan Office, Peoples’ Astrodome here last May 25.

 Loresco said Republic Act No. 10909 or the No Shortchanging Law is now operational after its Implementing Rules and Regulations (IRR) was issued on December 2016.

“We will soon be visiting business establishments and look for the implementation of the said law. Business establishments or service providers should give exact change to those buying their products or using their services,” Loresco said.

Loresco also said  the law covered businesses that include vendors to corporations, government-owned entities and those giving services such as barbershops, beauty parlors and drivers of public utility vehicles.

” Customers and consumers must prepare their loose bills and coins. Candies are no longer allowed as change. Exact change must be given to the consumers or customers,” she said.

She further said  consumers can file a complaint not later than 10 working days after an establishment, seller, or service provider refuses to give them change or gives insufficient change.

Under the said law, anyone found to have violated it will be fined P500 for the first offense. Repeat offenders will be fined P15,000 and their license to operate will be suspended for three months. A third offense will incur a fine of P25,000 and the revocation of their license to operate.

The Shortchanging Act was ratified by both the Senate and the House of Representatives last June 2016 and was sent to then outgoing President Benigno Aquino III for his signature. It was automatically enacted into law after he failed to act upon it.

Ratified bills lapse into laws when the president does not accept or veto it within 30 days of receipt.


Entry filed under: News.

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