Amendment of Regulations No. 3, as amended. Regulations and Instructions governing the business of distillers and rectifiers

May 5, 1987 REVENUE REGULATIONS NO. 02-87 SUBJECT : Amendment of Regulations No. 3, as Amended. Regulations and Instructions Governing the Business of Distillers and Rectifiers TO : All Internal Revenue Officers and Others Concerned Pursuant to the provisions of Section 277 of the National Internal Revenue Code, in relation to Section 6 of Regulations No. 3, the following regulations are hereby promulgated: SECTION 1 . The provisions of Section 6 of Regulations No. 3 are hereby amended by adding sub-paragraphs to read as follows: C-1. Every miller, owner or dealer of molasses shall maintain an Official Register Book wherein all molasses produced and removed shall be recorded. Likewise, for every removal of molasses, an Official Delivery Invoice (ODI) shall be issued to cover the shipment, the original shall accompany the shipment, the duplicate shall be the file copy of the consignor and the triplicate to be retained in the guia book which shall be in the possession of the Internal Revenue Officer. For every removal of molasses, the miller, owner or dealer can requisition the ODI from the Chief, Specific Tax Regional Team concerned or from the Internal Revenue Officer assigned thereat. acd All distilleries are also required to keep an Official Register Book wherein to record, in liters or metric ton, the molasses received for use in the production of alcohol as well as those removed for domestic sale or export. For every shipment of molasses, the Chief, Specific Tax Regional Team of the region of origin shall immediately inform the Chief, Specific Tax Regional Team of the region of destination or the Chief, Alcohol Tax Division, as the case may be, the name and address of the consignee and the quantity of shipment. Within twenty four (24) hours after receipt of the shipment by the consignee, the Chief, Specific Tax Regional Team of the region of destination or the Chief, Alcohol Tax Division, shall cause the lifting of the official delivery invoice. The Official Delivery Invoice (ODI) shall be an accountable form and the Accountable Forms Division shall cause the printing thereof, in sufficient quantities, in coordination with the Specific Tax Office. The Commissioner of Internal Revenue, upon request in writing by the distillers, millers, owners or dealers concerned, shall provide the Official Register Book for molasses/alcohol. cd SECTION 2 . Repealing Clause . These regulations supersede, amend or modify all orders, memoranda, circulars, and other issuances and forms inconsistent herewith. SECTION 3 . Date of Effectivity . These amendatory regulations shall take effect immediately. (Sgd.) ALFREDO PIO DE RODA, JR. Acting Secretary of Finance Recommending Approval (Sgd.) BIENVENIDO A. TAN Commissioner