BIR Ruling

March 26, 1976 Wyeth-Suaco Laboratories, Inc. 2236 Pasong Tamo Ext. Makati, Rizal Gentlemen : In reply to your letter dated March 20, 1976, I have the honor to inform you that your importation of electrodialyzed whey powder, a by-product of milk in the making of cheese, which you use as the principal mixture of your S-26 product, an infant nutritional formula that approximate human mother's milk, is subject to the 5% 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-B, both of the Tax Code. aisa dc Very truly yours, EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-1456-040-3 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."