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Implementing Guidelines on the Revised Tax Rates on Alcohol and Tobacco Products REVENUE REGULATIONS NO. 17-2012 Part 5

Implementing Guidelines  on the Revised Tax  Rates on Alcohol and Tobacco Products REVENUE REGULATIONS NO. 17-2012 Part 5


SEC. 6. REVISED REVALIDATION PERIOD FOR NEWLY INTRODUCED ALCOHOL OR TOBACCO PRODUCTS.

The revalidation of the suggested net retail price of a newly introduced alcohol or tobacco product shall be conducted after the end of nine (9) months from the initial validation.

 The initial validation and revalidation of the suggested net retail price of all newly introduced alcohol and tobacco products shall be conducted exclusively by the authorized representatives of the BIR



Implementing Guidelines  on the Revised Tax  Rates on Alcohol and Tobacco Products REVENUE REGULATIONS NO. 17-2012 Part 5

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