BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jun 15, 1972
Full text
June 15, 1972 Luzon Brokerage Corporation P. O. Box No. 591 Manila Attention: Mr . R . M . Millarez Vice President for Customs Affairs Gentlemen : In reply to your letter dated June 2, 1972, I have the honor to inform you that imported electric cigar lighter, a car accessory which depends for its operation on the supply of electric current from battery 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 of the car to which it is attached exceeds P15,000.00 but does not exceed P20,000.00; (d) 200% advance sales tax if the selling price of the car 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. Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue
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