Issuance of Foreign Printed Cigarette Strip Stamps Under the New Tax Classes and Denominations in Accordance with the New Rates of Specific Tax on Cigarettes Under Presidential Decree No. 149

October 10, 1973 REVENUE MEMORANDUM CIRCULAR NO. 50-73 TO : All Internal Revenue Officers and Others Concerned SUBJECT : Issuance of Foreign Printed Cigarette Strip Stamps Under the New Tax Classes and Denominations in Accordance with the New Rates of Specific Tax on Cigarettes Under Presidential Decree No. 149 It is hereby announced that starting on this date, October 10, 1973, foreign-printed strip stamps as described hereunder will be issued for affixture to cigarettes subject to the new tax rates prescribed under Section 137(b) of the National Internal Revenue Code, as amended by Presidential Decree No. 149: Tax Class and Value per Denomination Stamp Color Scheme P3.00 per M - 30's P0.90 ea. Green on Gray Above-described cigarette strip stamps, printed by the Government Printing and Mint Agency, Republic of Korea, are being issued by this Bureau for the first time. This matter should be given as wide publicity as possible. aisa dc MISAEL P. VERA Commissioner of Internal Revenue TAN - 1601-593-5