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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 923 - AMENDING
SECTIONS 145, 146, 147, 157 AND 177 OF TITLE IV (SPECIFIC TAX) OF THE
NATIONAL INTERNAL REVENUE CODE, AS AMENDED
WHEREAS, certain sections in Title IV of
the Tax Code on specific taxes provide for preferential tax treatment
of domestic over imported products;
WHEREAS, in view of the Government’s commitment to regional and
international agreements on tariff and trade and as part of the overall
rationalization of the structure of protection granted to domestic
products, the protective element in the indirect tax system should be
gradually eliminated.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers vested in me by the
Constitution and by Sec. 290-B of the National Internal Revenue Code
of 1977, as amended, do hereby direct and order that:
Section 1.
“SEC.
145.
“(a)
“(b)
“Spirits or distilled spirits” is the substance known as ethyl alcohol, ethanol or spirits of wine, including all dilutions and mixtures thereof, from whatever source by whatever process produced, and shall include whisky, brandy, rum, gin and vodka, and other similar products or mixtures including compounded liquors and all other preparations, except toilet preparations, of which excluding water distilled spirits is the chief ingredient.
“Proof spirits” is liquor containing one-half of its volume of alcohol of a specific gravity of seven thousand nine hundred and thirty-nine ten thousandths at fifteen degrees centigrade. A proof liter means a liter of proof spirits.”
Sec. 2.
“SEC.
146.
“(a)
“(b)
“(c)
Sec. 3.
“SEC.
147.
Sec. 4.
“SEC.
157.
“If
the films are imported, the tax shall be forty-five centavos per linear
meter.
“Educational films or
cinematographic films used for visual education, whether manufactured
in the Philippines or imported, shall be exempt from the tax prescribed
in this section.
“This tax shall not be collected
on any tax-paid cinematographic films subsequently returned to the
Philippines or on any negative film or unprinted positive film, and on
any reversal film used in amateur photography of sixteen millimeters or
less, and any tax heretofore paid on cinematographic films so returned,
or on any negative film or unprinted positive film, or on any reversal
film shall be refunded subject to the provisions of Section two hundred
ninety-five.”
Sec. 5.
“SEC.
177.
“For the purpose of this
section, ‘compounded liquors’ shall include any intoxicating beverage
whatever, concocted by or resulting from the mixture of or addition to
distilled spirits taxed under Section 145 (a) of this Code, either
before or after rectification, or any coloring matter, flavoring
extract or essence or other kind of wine, liquor or other ingredient.
Fortified wines are natural wines with increased alcohol content as a
result of added distilled spirits.”
Sec. 6.
Sec. 7.
Sec. 8.
Done in the City of Manila,
this 8th day of November in the year of Our Lord, Nineteen Hundred and
Eighty-Three.
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Since 19.07.98.