License Fees for Dealers in Firearms, Ammunition, and Explosives
- Dealers under authorized licenses must pay annual fees:
- P200 for dealers selling 1,000 or more firearms annually.
- P120 for dealers selling less than 1,000 firearms annually.
- P150 for dealers manufacturing or selling 1 million or more rounds of ammunition annually.
- P100 for dealers selling less than 1 million rounds of ammunition annually.
- P200 for dealers or manufacturers of explosives.
- Fireworks manufacturers are exempt from this section.
License Fees for Individual Firearm Holders
- License holders must pay initial and annual fees for each firearm:
- Shotguns: Initial P5.00, Annual P2.00.
- High-power air rifles: Initial P5.00, Annual P2.00.
- Revolvers: Initial P5.00, Annual P2.00.
- Rifles (except caliber .22): Initial P5.00, Annual P2.00.
Hunting Permits
- Licensed rifle and shotgun holders must obtain an annual hunting permit.
- The permit fee is two pesos.
Collection and Disposition of Fees
- Fees are collected by the Collector of Internal Revenue.
- Collection procedures are regulated by the Collector and Chief of Constabulary with departmental approval.
- Fee proceeds accrue to the Insular Government.
Penal Provisions
- Fees are due upon license issuance and each anniversary.
- Non-payment within 60 days of due date incurs a surcharge of 25% of unpaid fees.
Effectivity
- The Act took effect upon approval on March 16, 1923.