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

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Summary

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

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Key points

  1. Purpose of the upgrade. The new tobacco excise stamps improve the functionality of the original stamp under Revenue Regulations No. 7-2014, as amended. They enlarge the Quick Response code and make the Unique Identifier Codes easier to read.
  2. Effectivity. The new design takes effect on September 1, 2016.

Who is affected

  • Taxpayers and others concerned with cigarette internal revenue stamps

Deadlines and effectivity

  • Effective September 1, 2016

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Related issuances (1)

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CitesRR No. 7-2014

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.