Amendment to E.O. No. 960 Re: Imposition of Ad Valorem Tax on Cigarettes
Executive Order No. 977, issued on August 22, 1984, amends Executive Order No. 960 regarding the imposition of an ad valorem tax on cigarettes in addition to the specific tax. The amendment grants the Minister of Finance, based on the Commissioner's recommendations, the authority to create necessary regulations for implementing this tax, subject to presidential approval. The order takes effect immediately upon issuance. This executive order was published in the Official Gazette on February 25, 1985.
Law Information
- Reference Number
- Executive Order No. 977
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Executive Orders
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 22, 1984
EXECUTIVE ORDER NO. 977
AMENDING EXECUTIVE ORDER NO. 960 ENTITLED "IMPOSING AN AD VALOREM TAX ON CIGARETTES IN ADDITION TO THE SPECIFIC TAX LEVIED THEREON"
SECTION 1. Executive Order No. 960, dated June 11, 1984, entitled "Imposing an Ad Valorem Tax on Cigarettes in Addition to the Specific Levied Thereof," is hereby amended as follows:
"SECTION 2. The Minister of Finance, upon recommendation of the Commissioner of Internal Revenue, shall promulgate the necessary rules and regulations to effectively implement the provisions of this Order, subject to the approval of the President of the Philippines." casia
SECTION 3. This Order shall take effect immediately.
DONE in the City of Manila, this 22nd day of August, in the year of Our Lord, Nineteen Hundred and Eighty-Four.
Published in the Official Gazette, Vol. 81 No. 8 page 719 on February 25, 1985.
Cite This Law
Amendment to E.O. No. 960 Re: Imposition of Ad Valorem Tax on Cigarettes, Executive Order No. 977, Aug 22, 1984 (Philippines)
Amendment to E.O. No. 960 Re: Imposition of Ad Valorem Tax on Cigarettes, Executive Order No. 977 (Phil. 1984)
Related Laws
- Imposition of Ad Valorem Tax on CigarettesExecutive Order No. 960 • Jun 11, 1984 • Presidential Issuances
- Imposition of Ad Valorem Tax and Revision of the Specific Tax Rates and Maximum Retail Prices of CigarettesExecutive Order No. 978 • Aug 22, 1984 • Presidential Issuances
- Imposition of Additional Duty of Ten Per Cent Ad Valorem on ImportsExecutive Order No. 955 • Jun 6, 1984 • Presidential Issuances
- Amending P.D. No. 1994 and Increasing the Specific Tax on CigarettesPresidential Decree No. 2007 • Jan 3, 1986 • Presidential Issuances
- Amendments to E.O. No. 860 (s. 1982) Re: Imposition of Additional DutyExecutive Order No. 918 • Nov 3, 1983 • Presidential Issuances
- Granting Preferential Ad Valorem Tax Rates to Marginal MinesExecutive Order No. 674-B • Apr 10, 1981 • Presidential Issuances
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