Amendment to E.O. No. 960 Re: Imposition of Ad Valorem Tax on Cigarettes
Executive Order No. 977 • Presidential Issuances • Executive Orders • Aug 22, 1984
Full text
August 22, 1984 EXECUTIVE ORDER NO. 977 AMENDING EXECUTIVE ORDER NO.960 ENTITLED "IMPOSING AN AD VALOREMTAX ON CIGARETTES IN ADDITION TO THE SPECIFICTAX LEVIED THEREON" SECTION 1. Executive Order No. 960, dated June 11, 1984, entitled "Imposing an Ad Valorem Tax on Cigarettes in Addition to the Specific Levied Thereof," is hereby amended as follows: "SECTION 2. The Minister of Finance, upon recommendation of the Commissioner of Internal Revenue, shall promulgate the necessary rules and regulations to effectively implement the provisions of this Order, subject to the approval of the President of the Philippines." casia SECTION 3. This Order shall take effect immediately. DONE in the City of Manila, this 22nd day of August, in the year of Our Lord, Nineteen Hundred and Eighty-Four. Published in the Official Gazette, Vol. 81 No. 8 page 719 on February 25, 1985.
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