BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Sep 5, 1969
Full text
September 5, 1969 Nora F. Urbano Valuation and Classification Division Bureau of Customs Manila M a d a m : This refers to your letter dated August 6, 1969 requesting information as to the rate of advance sales tax due on imported medicine cabinet. In reply, I have the honor to inform you that imported medicine cabinet is subject to 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 (BIR Ruling No. 68-003.) cdll Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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