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The amendment of 7 May 1997 applies to the Statute For Commodity Tax. The essential points are:
1) To repeal the provisions regarding impose tax on tobacco and alcoholic beverages (Articles 3 and 5)
2) To repeal the provision stating that 20% of the promotional expenses could be deducted for calculating the price of domestic products after paying duties (Article 13)
3) To replace the ‘manufactured price’ with the ‘sales price’ referred to under this law (Articles 13, 14, 15,17 and 31)
4) To repeal the provision stating that the construction fees for commercial ports shall be added to the calculation of the price of imported goods after paying duties (Article 18)
5) To specify that the effective date of the amended Articles 3 and 5 shall be set by the Executive Yuan. (Article 37)(9 provisions, p.14-15)