Required Documentary Stamps Should be Affixed to the Policy or Document Sought to be Taxed

July 28, 1958 BIR RULING NO. 393-58 The New India Assurance Company Limited Room 302-A Yuchengo Building 484 Rosario Street, Manila Gentlemen : In reply to your letter dated July 22, 1958 requesting permission to affix the documentary stamps to the pages of a register book to be kept for this purpose instead of affixing them to each policy issued by you, I have the honor to inform you that the law specifically provides that the required documentary stamps should be affixed to the policy or document sought to be taxed. The law does not grant the Commissioner the discretion to grant exceptions in special cases. In view thereof, you request cannot be granted. cdll Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue