RMC No. 68-2016 — Informs all taxpayers and others concerned of the new and upgraded internal revenue stamp design for cigarette products

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OFINTERNAL REVENUE

Quezon City

June 22. 2016

REVENUE MEMORANDUM CIRCULAR NO. E

SUBJECT New and Upgraded Internal Revenue Stamp Design For Cigarettes

TO All Internal Revenue Officials and Employees Concerned

Ordering. Distribution and Monitoring System quoted hereunder: Revenue Stamps for Cigarettes. Procurement of Security Features. and Delivery of an and upgraded Internal Revenue Stamp design for cigarette products as required in the Memorandum of Agreement (MOA) with APO Production. inc.. for the Printing of Internal This Circular is hereby issued to inform all taxpayers and others concerned on the new

"Section 4. Term and Renewal.

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every three (3) years. The security features of the Stamps. however. shall be changed

No. 7-2014, as amended, by enlarging the Quick Response (QR) code and enhancing the readability of the Unique Identifier Codes (UIC). functionality of the original internal revenue stamp implemented under Revenue Regulations The new and upgraded tobacco excise stamps would address the need to improve

on September 1. 2016. Implementation of the new design and upgraded internal revenue stamp shall take effect

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

KUREAU WF HHISHHAL REVENIE RECORNS MCT.DIVSION Commissioner of Internal Revenue KIM S. JACINTO-HENARES

D- JUN 3 0 201S UAAM $42713

RECEIVEDO