Section 2
SEC. 2. Section 146 of the same Tax Code, as amended, is hereby further amended to read as follows: "SEC. 146. Specific tax on wines and compounded liquors.—On wines and imitation wines and compounded liquors there shall be collected, per liter of volume capacity, the following taxes: "(a) Sparkling wines, regardless of proof, twelve pesos; if imported, twenty-six pesos and forty centavos; "(b) Still wines containing fourteen per centum of alcohol or less (except those manufactured from locally grown raw materials), two pesos; if imported, four pesos and forty centavos; "(c) Still wines containing more than fourteen per centum of alcohol, four pesos; if imported, eight pesos and eighty centavos; "Imitation wines containing more than twenty-five per centum of alcohol shall be taxed as distilled spirits; "(d) Compounded liquors containing seventeen and one-half per centum of alcohol or less, ninety-six centavos; (e) Compounded liquors containing more than seventeen and one-half per centum of alcohol, but not more than twenty-five per centum thereof, one peso and thirty-four centavos; "(f) Compounded liquors containing more than twenty-five per centum of alcohol, but not more than thirty-two and one-half per centum thereof, one peso and seventy-two centavos; "(g) Compounded liquors containing more than thirty-two and one-half per centum of alcohol, but not more than forty per centum thereof, two pesos and ten centavos; and "(h) Compounded liquors containing more than forty per centum of alcohol, two pesos and sixty-six centavos. "In computing the specific tax on compounded liquors as prescribed under subparagraphs (d), (e), (f), (g), and (h) of this Section, the amount of specific tax paid on the distilled spirits used in the compounding of such intoxicating beverage shall be credited against the tax due on the compounded liquors as soon as they are in existence as such. "For the purpose of this Section, 'compounded liquor' shall include any intoxicating beverage whatever, concocted by or resulting from the mixture of or addition to distilled spirits, either before or after rectification, of any coloring matter, flavoring extract or essence or other kind of wine, liquor or other ingredient."