Which of the following is incorrect in case of failure to stamp taxable document? The failure to stamp taxable document renders the document invalid or void. The document, instrument or paper shall not be recorded in the government registry. The document, instrument or paper shall not be admitted or used in evidence in any court. The notary public shall not add his jurat or acknowledgment until the document is properly stamped. Question 22 last day to pay the documentary stamp tax? June 5 June 20 June 25 June 15 Question 23 2 pts Which of the following is wrong with respect to excise taxes? Excise tax is classified as a direct and property tax. Excise tax may either be specific or ad valorem, or may be both. Excise tax on importation is paid before the release of the imported articles from customs custody. Excise tax is to be paid by the owner or importer, or by the person in possession of the articles which are exempt from excise taxes other than the one legally entitled to exemption