BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Mar 14, 1968
Full text
March 14, 1968 Suter, Inc. P.O. Box 3162 Manila Attention: Attorney E . L . Doronila Import Manager Gentlemen : In reply to your letter dated March 9, 1968 requesting information as to the rate of advance sales tax due on imported Oxy-Dry Powder and Oxy-Electronic Sprayer which are exclusively used in the printing industry, I have the honor to inform you that the same are subject to the 7% advance sales tax base on the landed cost thereof plus 25% mark-up pursuant to Section 183(b) in relation to Section 186, both of the Tax Code. End-users who purchase from you the aforecited imported articles are not subject to any tax.. adc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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