Question & AnswerQ&A (BIR REVENUE MEMORANDUM ORDER NO. 90-98)
The Order addresses the payment of printing costs for BIR internal revenue labels used on wines, spirits, and other alcohol products.
The authorized printer, which is the Bangko Sentral ng Pilipinas, Securities Printing Department, is responsible for charging the printing cost.
The prevailing rate for printing regular labels is P0.374 per piece.
The printing cost for auxiliary labels is P0.113 per piece.
Yes, the unit costs are subject to change depending on the rates charged by the authorized printer to the BIR in the future.
The Order took effect immediately upon its adoption on November 20, 1998.
The Order was signed by Beethoven L. Rualo, Commissioner of Internal Revenue.
The Order covers wines, spirits, and other alcohol products requiring internal revenue labels.
The Bangko Sentral ng Pilipinas, through its Securities Printing Department, serves as the authorized printer for the BIR labels and charges the printing costs.
No specific penalties or sanctions are mentioned in the Order; it mainly focuses on the printing cost rates and procedures.