BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jan 22, 1968
Full text
January 22, 1968 Suter, Inc. P. O. Box 3162 Manila Attention: Atty . E . L . Doronila Import Manager Gentlemen : This refers to your letter dated January 17, 1968 requesting information as to the rate of advance sales tax due on imported DSC-61-C Vertical Type Direct Screening Enlarger Machine. In reply, I have the honor to inform you that it appearing in the brochure submitted that the imported machine will be used exclusively by printers for preparing printing plates for offset or letterpress, the same 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. cdta Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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