Creation of New Categories of Alphanumeric Tax Code (ATC) for RA. 8240

June 5, 1997 REVENUE MEMORANDUM ORDER NO. 31-97 SUBJECT : Creation of New Categories of Alphanumeric Tax Code (ATC) for RA. 8240 TO : All Collection Agents, Revenue District Officers and other Internal Revenue Officers Concerned I. Objective : In order to incorporate the provisions of R.A. No. 8240 (An Act Amending Sections 138, 139, 140 and 142 of the National Internal Revenue Code, as amended, and for other purposes) as promulgated in Revenue Regulation Nos. 1-97 and 2-97, the following ATCs are hereby created and modified. EXCISE TAXES : ATC A. Creation of Additional ATC: From Further broken down to 1) Distilled Spirits a) Distilled spirits produced from raw XA030 material other than the sap of nipa, coconut, cassava, camote, or buri palm or from the juice, syrup, or sugar of the cane, the tax shall be levied in accordance w/ the net retail price per bottle of 750 ml volume capacity (excluding the excise tax & the VAT) as follows: i) less than P250 P75, per proof liters XA031 ii) P250 up to P675 P150, per proof XA032 liters iii) more than P675 P300 per proof XA033 liters b) Beer, lager beer ale, porter and other XA050 fermented liquor except tuba, basi, tapuy and similar domestic fermented liquors in accordance with the following schedule: i) if the net retail price (excluding the XA051 specific, tax VAT) per liter of volume capacity is less than P14.50, the tax shall be P6.15 per liter ii) if the net retail price (excluding the XA052 specific tax & VAT) per liter of volume capacity is P14.50 up to P22, the tax shall be P9. 15 per liter iii) if the net retail price (excluding the XA053 specific tax VAT) per liter of volume capacity is more than P22. the tax shall be P12. 15 per liter c) Sparkling wines/champagne regardless XA060 of proof if the net retail price per bottle (excluding the excise tax and the VAT) is i) P500 or less P100 XA061 ii) more than P500 P300 XA062 2) Cigars & Cigarettes Cigarettes packed by machine, if the net XT130 retail price (excluding the excise tax and the VAT) is below P5 per pack B. Modified Definition From To ATC 1) Distilled Spirits Still wine containing over 14% alcohol Still wine containing more than XA080 14% but not more than 25% of alcohol 2) Cigars & Cigarettes a) Cigarettes packed by machine a) Cigarettes packed by XT050 locally manufactured at 55% machine, if the net retail price (excluding the excise tax and the VAT) is above P10 per pack b) Cigarettes packed by machine, other b) Cigarettes packed by XT060 locally manufactured machine if the net retail (excluding the excise tax and the VAT) exceed P6.50 but does not exceed P10 per pack c) Cigarettes packed by machine, not c) Cigarettes packed by XT070 exceeding P4.80/pack machine, if the net retail price (excluding the excise tax and the VAT is P5 but does not exceed P6.50 per pack II. Effectivity : This Revenue Memorandum Order shall take effect immediately. LIWAYWAY VINZONS-CHATO Commissioner