BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Dec 4, 1973
Full text
December 4, 1973 Avenue Electrical Supply Co. P. O. Box 2142 Manila Attention: Mr . Jerome M . Tong Vice-President Gentlemen : This refers to your letter dated November 28, 1973 requesting confirmation that your importation of exhaust fans of all sizes, reverse type are subject to the 7% advance sales tax. In reply, I have the honor to inform you that it appearing in the brochure submitted that the imported exhaust fans are of the reverse type which expel stagnant air and smoke in restaurants, theaters and industrial spaces, the same are subject to the 7% advance sales tax 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. cdtech Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5
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