CHAP. VIII.
SEC. 172.
ADMINISTRATIVE PROVISIONS REGULATING BUSINESS OF PERSONS
DEALING IN ARTICLES SUBJECT TO EXCISE TAX...............................186
Extent of Supervision Over Establishments Producing
Taxable Output....................................................................................186
Records to be Kept by Manufacturers; Assessment Based Thereon.......187
Premises Subject to Approval by Commissioner...................................187
Manufacturers and/or Importers to Provide Themselves with
Counting or Metering Devices to Determine the Volume of Production
and Importation..................................................................................187
Labels and Form of Packages...............................................................188
Removal of Articles After the Payment of Tax.......................................188
Storage of Goods in Internal-revenue Bonded Warehouses...................188
Proof of Exportation; Exporter’s Bond.................................................189
Manufacturers’ and Importers’ Bond....................................................189
Records to be Kept by Wholesale Dealers.............................................189
Records to be Kept by Dealers in Leaf Tobacco.....................................189
Preservation of Invoices and Stamps....................................................189
Information to be Given by Manufacturers, Importers, Indentors,
and Wholesalers of any Apparatus or Mechanical Contrivance
Specially for the Manufacture of Articles Subject to Excise Tax
and Importers, Indentors, Manufacturers or Sellers of Cigarette Paper
in Bobbins, Cigarette Tipping Paper or Cigarette Filter Tips..................190
Establishment of Distillery Warehouse.................................................190
Custody of Distillery or Distillery Warehouse.......................................190
Limitation on Quantity of Spirits Removed from Warehouse................ 191
Denaturing Within Premises................................................................ 191
Recovery of Alcohol for Use in Arts and Industries............................... 191
Requirements Governing Rectification and Compounding of Liquors... 191
Authority of Internal Revenue Officer in Searching for Taxable
Articles................................................................................................ 191
Detention of Package Containing Taxable Articles................................192
TITLE VII.
DOCUMENTARY STAMP TAX..........................................................193
SEC. 173.
Stamp Taxes Upon Documents, Loan Agreements, Instruments
and Papers...........................................................................................193
Stamp Tax on Original Issue of Shares of Stock....................................193
Stamp Tax on Sales, Agreements to Sell, Memoranda of Sales,
Deliveries or Transfer of Shares or Certificates of Stock........................193
Stamp Tax on Bonds, Debentures, Certificates of Stock or
Indebtedness Issued in Foreign Countries ...........................................194
SEC. 152.
SEC. 153.
SEC. 154.
SEC. 155.
SEC. 156.
SEC. 157.
SEC. 158.
SEC. 159.
SEC. 160.
SEC. 161.
SEC. 162.
SEC. 163.
SEC. 164.
SEC. 165.
SEC. 166.
SEC. 167.
SEC. 168.
SEC. 169.
SEC. 170.
SEC. 171.
SEC. 174.
SEC. 175.
SEC. 176.
Isla Lipana & Co., the Philippine member firm of the PwC network
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