BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jul 23, 1975
Full text
July 23, 1975 The General Manager Galaxy Import and Export Co. Rm. 407 Pacific Building 460 Rosario St., Manila M a d a m : In reply to your letter dated July 16, 1975, I have the honor to inform you that your importation of battery containers which will be used for 6 volts and 12 volts batteries 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. cdt Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN 1601-593-5
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