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