BIR REVENUE MEMORANDUM ORDER NO. 90-98, November 20, 1998

[ BIR REVENUE MEMORANDUM ORDER NO. 90-98, November 20, 1998 ]

PAYMENT OF PRINTING COST OF INTERNAL REVENUE LABELS FOR WINES, SPIRITS AND OTHER ALCOHOL PRODUCTS

In view of the increase in printing cost of BIR labels for wines, spirits and other alcohol products, being charged by the authorized printer (Bangko Sentral ng Pilipinas, Securities Printing Department), the prevailing rates of auxiliary and regular labels shall be as follows:

Item

Printing Cost per piece

Regular Labels

P0.374

Auxiliary Labels

P0.113

The above unit costs are subject to change from time to time, depending on the rates that the authorized printer will charge the BIR in the future.

This Order shall take effect immediately.

Adopted: 20 Nov. 1998

(SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue