BIR Ruling

September 26, 1973 Mr. Jesus L. Tolentino, Jr. General Manager Fire Bird Merchandising Co. Rm. 715 Citizens Bank Bldg. Rosario St., Manila S i r : This refers to your letter dated September 20, 1973 requesting information as to the rate of advance sales tax applicable to your importation of electronic tubes. cdt It is represented that the electronic tubes are of general application, that is they can be used as parts of radio receiving sets and television sets; and that the imported articles will be sold "as is". In reply, I have the honor to inform you that the rate of tax on imported electronic tubes of both radio receiving sets and television sets depends upon the destination thereof. Where the articles are imported for resale, as is, the same are invariably subject to the 7% advance sales tax. It being represented that the electronic tubes imported by you will be sold as is, the same are subject to the 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. aisadc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."