BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • May 10, 1972
Full text
May 10, 1972 Luzon Brokerage Corporation P. O. Box 591 Manila Attention: Mr . C . O . Dimalanta, Jr . Manager, Import Department Gentlemen : In reply to your letter dated May 4, 1972, I have the honor to inform you that imported built-in motor car lighter, a car accessory which depends for its operation on the supply of electric current from battery to produce a glowing heat in an electric resistance, is subject to: (a) 100% advance sales tax if the selling price of the car to which it is attached does not exceed P10,000.00; (b) 125% advance sales tax if the selling price of the car to which it is attached exceeds P10,000.00 but does not exceed P15,000.00; (c) 150% advance sales tax if the selling price to which it is attached exceeds P15,000.00; (d) 200% advance sales tax if the selling price to which it is attached exceeds P20,000.00. The tax shall be based on the landed cost thereof, plus 100% mark-up pursuant to Section 183(b) in relation to Section 184(a), both of the Tax Code. cdti Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue
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