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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