RMC No. 01-2017 — Clarifies Section 2(c) of RR No. 7-2014 on the colors of cigarette tax stamps relative to the implementation of the unitary Excise Tax rate under RR No. 17-2012

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City

December 22, 2016

REVENUE MEMORANDUM CIRCULAR NO. /- 20/

SUBJECT Clarification on Section 2(c) of Revenue Regulations (RR) No. 7-2014

of the Unitary Excise Tax Rate under RR No. 17-2012 On the Colors of Cigarette Tax Stamps Relative to the Implementation

TO All Internal Revenue Officers, Employees and Others Concerned

cigarette tax stamps in relation to the effectivity of the unitary excise tax rate pursuant to Republic Act No. 10351 as implemented by RR No. 17-2012. This Circular is hereby issued to clarify Section 2(c) of RR No. 7-2014 on the colors of

Effective January l. 2ol7. all removals/withdrawals/importations of cigarettes. whethet

(P30.00) packed by hand or by machine, shail be subject to the unitary excise tax rate of Thirty Pesos

be reduced from six (6) to three (3) and shall be as follows: Relative thereto, it is informed that the classification of the internal revenue stamps shall

Classification Domestic Imported Export Existing High Low High Tax Low Low High Bracket Six (6) Pink Orange Blue Colors Green Yellow Violet Classification Tax Imported Domestic Export Effective January i, 2017 (P30.00) Bracket Unitary Rate Orange Three (3) Pink Green Colors

Electronic Filing Payment System using BIR Form No. 2200-T. LT Field Operations Division(ELTFOD) shall conduct inventory /importations using these old internal revenue stamps shall pay the differential excisc tax due thru unused/unissued/unaffixed internal revenue manufacturers/importers and exporters as of December 31, 2016. Thereafter, all removals In order to effectively monitor the implementation of the said unitary tax rate, the Excise stamps in the possession count of all ofcigarette

a publicity as possible. All concerned are hereby enjoined to be guided accordingly and give this Circular as wide

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CAESAR R. DULAY

6 BUREAU OF INTEHNAL REVENUE RECORDS MGT DIVISION JAN 0 4 2017 /A 4:59PM NQA Commissioner of Internal Revenue B 002783

RECEIVET