revenue_memorandum_circular RMC No. 40-2024RMC No. 40-2024 2024-03-18

RMC No. 40-2024 — New and upgraded Internal Revenue Stamp design for cigarettes, heated tobacco products, and vapor products

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE National Office Building Quezon City BAGONG PILPINAS LARGE TAXPAYERS SERVICE

February 21, 2024

REVENUE MEMORANDUM CIRCULAR NO._[D- 2>24

SUBJECT New and Upgraded Internal Revenue Stamp Design for Cigarettes, Heated Tobacco Products, and Vapor Products

TO All Internal Revenue Officials and Others Concerned

implementation of the Enhanced Internal Revenue Stamps Integrated System (eIRSIS) under the Terms of Reference (TOR) of the Memorandum of Agreement (MOA) which requires that the stamp design be modified and upgraded every three (3) years as quoted hereunder, to wit: Revenue Stamp Design for Cigarettes, Heated Tobacco Products, and Vapor Products in connection with the This Circular is hereby issued to inform all taxpayers and others concerned on the new and upgraded Internal

"Section 4.6.3.4 Submission of Proposed Design of the Internal Revenue Stamp

XX XX XX

approval by the BIR and at no additional cost of the stamp. " Within three (3) years from the time the last Stamp design was distributed to various tobacco manufacturers, modify and upgrade the design of the Stamp, subject to final

Relative thereto, it is informed that the classification of the internal revenue stamps shall be as follows:

Tobacco Product Tax Classification Ten (10) Colors

Cigarettes Export Domestic Imported Packed by i0s Packed by 20s Packed by I0s Packed by 20s Packed by 10s Packed by 20s Dark Green Dark Blue Brown Green Ochre Blue

Vapor Products Heated Tobacco Products Imported Domestic Export Lavender Violet Peach Red

internal revenue stamp implemented under Revenue Regulations No. 7-2014, as amended. The new and upgraded tobacco excise stamps would address the need to improve functionality of the original

Implementation of the new and upgraded internal revenue stamp design shall take effect on June 1, 2024.

with the requirements provided under Revenue Regulations (RR) No. 18-2021 on the affixture of internal revenue stamps and the use of eIRSIS. All manufacturers and importers of Cigarettes, Heated Tobacco Products, and Vapor Products shali comply

possible. All concerned are hereby enjoined to be guided accordingiy and give this Circular-as-Wide a,publicity as BUREAU OF INTERNAL REVENUE dnYt I00Pm MAR 18 2N?h ROM JMAGUI, JR

D6 / LTS-Excise RECORDS MGT.DiVISION UJ Comanissioner of Internal Revenue

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