Amendment to Section 5 and Repeal of Certain Portions of Section 20 of Revenue Regulations No. V-39

June 13, 1955 REVENUE REGULATIONS NO. V-41 SUBJECT : Amendment to Section 5 and Repeal of Certain Portions of Section 20 of Revenue Regulations No. V-39 TO : All Internal Revenue Officers and Others Concerned Pursuant to the provisions of Section 338, in relation to Section 4 (j) of Commonwealth Act No. 466, otherwise known as the National Internal Revenue Code, the following regulations amending Section 5 (c) and repealing certain portions of Section 20 (h) (8) of Revenue Regulations No. V-39, otherwise known as "The Tobacco Products Regulations", are hereby promulgated and shall be known as Revenue Regulations No. V-41. SECTION 1. Section 5 (c) of Revenue Regulations No. V-39 is hereby amended to read as follows: Section 5(c). Cancellation of internal revenue strip stamps and stickers affixed to manufactured products of tobacco. Immediately after the affixture of internal revenue stamps of all kinds and denominations to the boxes, bundles, or packages containing cigars, cigarettes, smoking or chewing tobacco as well as of stickers to rolls or packages of cigarettes, said stamps or stickers shall be cancelled by means of a rubber stamp or any cancelling machine approved by the Collector of Internal Revenue which shall leave on the stickers or internal revenue stamps a legible impression in black ink of a quality likewise to be approved by the Collector of Internal Revenue, of the schedule, paragraph, and assessment numbers of the manufacturers and six distinct parallel waved lines extending at least 2 centimeters each side of the stamps cancelled. In lieu of the method just stated, the internal revenue stamps and/or stickers mentioned in this paragraph may also be cancelled by means of a perforating machine. Immediately prior to the affixture of the stamps to the boxes, bundles or packages containing cigars, cigarettes, smoking or chewing tobacco, there shall be printed thereon by perforation in one line running lengthwise, the schedule, paragraph and assessment number of the factory and the letters P.I. Illustration: A-4-5 P.I. In the case of stickers, immediately prior to the affixture thereof to the boxes, bundles or packages containing cigars, cigarettes, smoking and chewing tobacco, there shall be printed thereon by perforation in two lines running lengthwise, the schedule, paragraph, and assessment number of the factory and the letters P.I. in the first line, and the date of the cancellation of the stickers in the second line indicated by numerals.' TacADE Illustration: A-4-5 P.I. 6-1-55 The several figures and letters of the cancellation thus prescribed shall be clearly and sharply outlined and suitably spaced for legibility and distinctness; and in cancelling stamps, especially those of small dimensions, the perforation must not be so large as to render it impossible to determine the genuineness, denomination, or the rate of the tax of stamps cancelled. Packages of native cigarettes (cajetillas) duly affixed with internal revenue strip stamps should be wrapped in bundles or rolls of 100, 200 and 750's to which the corresponding stickers should be firmly affixed and cancelled in the same manner hereinabove indicated. There shall be firmly affixed to every carton or package (rolls) of 200's and/or 750's an official sticker provided for this purpose by the Bureau of Internal Revenue to show that the packs of cigarettes contained therein are duly affixed with the corresponding internal revenue stamps. SECTION 2. Sub-paragraph (8) of paragraph (h) of Section 20 of Revenue Regulations No. V-39 is hereby repealed. SECTION 3. Date of Effectivity. These regulations shall take effect upon promulgation in the Official Gazette. (SGD.) JAIME FERNANDEZ Secretary of Finance RECOMMENDED BY (SGD.) SILVERIO BLAQUERA Deputy Collector of Internal Revenue