Proper Accounting of Tobacco Inspection Fees, Fines and Compromises

April 19, 1963 REVENUE MEMORANDUM ORDER NO. 17-63 SUBJECT : Proper Accounting of Tobacco Inspection Fees, Fines and Compromises TO : All BIR Collection Agents, Provincial, City and Deputy Provincial Treasurers and Others Concerned It has come to the attention of this Office that collections of tobacco inspection fees, fines and compromises have been erroneously channeled to the General Funds, instead of the Tobacco Inspection Fund, thereby unduly diminishing the correct total collections which have been accounted for under the said "Tobacco Fund". To remedy the situation and to avoid repetition of this State of affairs in the future, the following instructions are hereby prescribed: Pursuant to the provisions of General Circular No. V-27 dated October 29, 1946, in relation to Department Order No. 31-63, dated February 6, 1963 which took effect April 1, 1963, all tobacco inspection fees collected under Section 302 of the National Internal Revenue Code shall be accounted for under account "1-F-38", while all fines and compromises collected for violations of Act 2613, as amended and/or Revenue Regulations Nos. 17, 47 V-50, as amended, issued thereunder, should be accounted for under account "1-F-24" which should invariably be indicated on the official receipt issued by the Collecting Agents of this Bureau. aisadc This memorandum takes effect immediately. Strict compliance herewith is hereby enjoined. (SGD.) JOSE B. LINGAD Acting Commissioner of Internal Revenue