BIR Ruling

December 8, 1969 Oceanic Medical, Inc. 2155 Pasong Tamo Makati, Rizal Attention: Mr . A . Levy Manager Gentlemen : This refers to your letter dated November 28, 1969 requesting clarification as to the rate of advance sales tax due on your importation of offset plates, films, paper and chemicals used in offset printing process. llcd It appears that Authority to Release Imported Goods No. BT-022300 dated October 28, 1969 was issued by this Bureau authorizing the Bureau of Customs to release your aforesaid importations upon payment of the 7% advance sales tax plus 25% mark-up due thereon pursuant to Section 183(b) in relation to Section 186, both of the Tax Code. However, the Bureau of Customs is requiring you to pay the 30% sales tax on the same imported articles. In reply, I have the honor to inform you that this Office has consistently ruled that importations of articles such as offset printing are subject to the 7% tax imposed in Section 186 of the Tax Code. (See BIR Ruling No. 66-012, dated March 28, 1966) Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue