BIR Ruling

June 3, 1975 Columbia Trading Company 716 R. Hidalgo Street Quiapo, Manila Gentlemen : This refers to your letter dated May 30, 1975 requesting confirmation of your understanding that your importation of photographer's hobbyist kit case is subject to the 7% sales tax with a 25% mark-up. It is represented that the photographer's hobbyist kit case has built-in compartments for spare negative holder, stainless film clips, UN-130 lens cleanser with brush, print tong, pen brush, and flash cord; and that it is imported in complete set with the following accessories: 4 pcs. spare negative holder A-628, 2 pcs. spare negative holder A-637 for 28, 2 pcs. film clips stainless, 1 pc. UN-130 lens cleaner with brush, 1 pc. UN-301 print tong, 1 pc. UN-302 print tong, 1 pc. UN-303 print tong, 1 pc. UN-108 pen brush, 6 pcs. UN-flash cord straight 6 ft. both sides PC/PC male and 1 pc. UN-flash cord straight 6 ft. 1 side PC-male. In reply, I have the honor to inform you that the photographer's hobbyist kit case as described above is subject to the 7% advance sales tax, the tax to be based on the landed cost thereof plus 25% mark-up pursuant to Section 183(b) in relation to Section 186, both of the Tax Code. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN 1601-593-5