Imprinting of Documentary and Science Stamps by Metering Machines on Export and Import Documents Submitted to the Bureau of Customs

August 9, 1977 REVENUE REGULATIONS NO. 09-77 SUBJECT : Imprinting of Documentary and Science Stamps by Metering Machines on Export and Import Documents Submitted to the Bureau of Customs TO : All Internal Revenue Officers and Others Concerned Pursuant to Section 249, particularly second paragraph thereof, of the National Internal Revenue Code, as amended, authorizing in appropriate cases the Imprinting (by metering machines) documentary and science stamps, the following regulations are hereby promulgated: aisa dc SECTION 1. Scope . These regulations shall apply to the imprinting of documentary and science stamps by stamps metering (franking) machines required on export and import documents presented or submitted to the Bureau of Customs, and to prescribe the procedure of remittance of revenue collections derived therefrom. SECTION 2. Use of Stamps Metering Machines . The stamps metering machines now used by the Bureau of Customs in imprinting customs stamps shall be utilized for imprinting documentary and science stamps together with the customs stamps. The dies of the metering machines utilized for this purpose shall be accordingly modified to contain customs, documentary and science stamps which shall be imprinted at one time on the same document on the same machine to facilitate the collection of national revenues derived from such stamps. SECTION 3. Tender of Payments . Only cash shall be accepted for payment of stamps on documents mentioned above. However, manager's or cashier's checks may also be accepted, but in no case shall personal checks or money orders be accepted for the payment thereof. SECTION 4. Recording and Remittance of Collections derived from the Imprinting of Stamps . The Commissioner, Bureau of Customs, thru his authorized representative, shall keep a daily abstract of collections for documentary and science stamps separate from those required for customs collections. Revenue collections shall be remitted to the Treasurer of the Philippines pursuant to Department Order No. 20-73 dated June 14, 1973, as amended by Department Orders Nos. 23-73 dated August 22, 1973, 10-74 dated March 24, 1974. There shall be a separate remittance advice for documentary and science stamps for the account of the Bureau of Internal Revenue. Statement of remittances for the documentary and science stamps shall be prepared by the remitting officer within twenty (20) days after the end of the month which shall be submitted to the Commissioner of Internal Revenue, attention of the Chief, Accounting Division, in order that the collections shall be taken up in the books of the Bureau of Internal Revenue. The statement shall be in columnar format and shall contain the following: 1. Name of remitting officer; 2. Date of Remittance; 3. Remittance advice number; 4. Documentary stamps collection; 5. Science stamps collection; 6. Total internal revenue collections remitted; 7. Validation number; and 8. Date of Validation The corresponding daily abstract of collections for the month shall be attached to the said statement of remittances. SECTION 5. Effectivity . These regulations shall take effect immediately. CESAR VIRATA Secretary of Finance Recommended by: EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-P4519-F2828-A-8