Showing posts with label Revenue. Show all posts
Showing posts with label Revenue. Show all posts

Saturday, 2 May 2020

Example usages of Education Tax stamps

Education Tax stamps are used by Ministry of Education to accept the payments for some of their services.  This note records some of its usages as an example.  There are eight values issued to dates and are 5K, 10K, 20K, 50K, 100K, 200K, 400K and 700K.  400K and 700K are late additions to the set and are recorded in 2005 and 2010 respectively.  Mickey also noted 5K and 10K are known postally used.  


The above example is from 1996, submitting the application form for marks certificate of matriculation examination.  The student has to pay 100K application fees to Ministry of Education as of 1996.  Two 50K education tax stamps were affixed on top left corner of the form as payment.  Such fees as of 2019 is 200K.  The following is the application form to be affixed with 200K education tax stamp before submitting.

The Ministry of Education announced on 21 Aug 2019 to submit the application for 2020  matriculation exam and the examination fees are to be paid using stamps.  The 2020 exam fees is 700K.



Whenever I get the new information about the education tax stamp, I will update this post. 



Wednesday, 7 August 2019

The unrecorded prefix B on commercial tax label

The commercial tax labels were in use from 1st November 2014.  In Fantail 55, second printing of these labels was reported and the author questioned about prefix “B”.  These labels are printed with security number of 9 digits prefixed by a letter.  The prefixed letters recorded so far are “A” and “C”.   On one of the recent eBay listing, the prefix “B” was found out.  It is on 5000 Kyats values.  The dealer posted a piece of receipt taxed with the total value of 35000 Kyats.  It was used on 21 June 2015, which is just before the next printing arrives.  The printing with prefix “C” was recorded in 2016 as earliest usage.  So, we can assume that prefix “B” was distributed only limited quantity and used for short period only.  It still needs more evidences of “B” prefix on values other than 5000 Kyats.

The B Prefix Label
Receipt with B Prefix Label at Right