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BIR Ruling

BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Sep 23, 1977

Full text

September 23, 1977 Lt. Rodolfo O. Oberio, PN Commander, Philippine Coast Guard CGS North Harbor Manila S i r : In reply to your letter dated September 17, 1977, please be informed that imported woven fabrics (suede) which are being sold to the public is subject to the 40% advance sales tax plus 50% mark-up pursuant to Section 183(b) in relation to Section 185(p), both of the Tax Code. Very truly yours, EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-P4519-F2828-A-8

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