AN ACT MODIFYING THE EXCISE TAX ON DISTILLED SPIRITS, WINES, FERMENTED LIQUOR AND CIGARETTES, AMENDING FOR THE PURPOSE SECTIONS 138(a) AND (b), 139, 140 AND 142(c) AND (d) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Year:
1990
Category:
Other
Date Approved:
June 18, 1990
Summary
Plain-language AI-assisted summary — not the official text. As of July 2, 2026. Read the full text below or on the official source.
This Act modifies the excise tax on distilled spirits, wines, fermented liquor, and cigarettes. It amends specific sections of the National Internal Revenue Code to adjust tax rates and regulations related to these products.Full Text
Eighth Congress
REPUBLIC ACT No. 6956 June 18, 1990
AN ACT MODIFYING THE EXCISE TAX ON DISTILLED SPIRITS, WINES, FERMENTED LIQUOR AND CIGARETTES, AMENDING FOR THE PURPOSE SECTIONS 138(a) AND (b), 139, 140 AND 142(c) AND (d) OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
Section 1. Sections 138(a) and (b), 139, 140 and 142(c) and (d) of the National Internal Revenue Code, as amended, are hereby further amended to read as follows:
Section 2. The Secretary of Finance, upon recommendation of the Commissioner of Internal Revenue, shall promulgate the necessary rules and regulations for the effective implementation of the provisions of this Act.
Section 3. Except as provided herein, this Act shall take effect fifteen (15) days following its publication in a newspaper of general circulation in the Philippines.
Approved: June 18, 1990
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