BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • May 26, 1969
Full text
May 26, 1969 Union Sales Marketing Corporation Rm. 401, Enterprise Building 524 Rosario Street Binondo, Manila Attention: Mr . Joseph C . Siabetiong General Manager Gentlemen : This refers to your letter dated April 30, 1969 requesting confirmation that the refrigerant popularly known under the trade name "Frigen" to be imported by you for use in industrial refrigerations, etc. is subject to 7% advance sales tax with 25% mark-up under Section 186 of the National Internal Revenue Code. In reply, I have the honor to inform you that this Office cannot grant your request because refrigerants are considered accessories of the refrigeration appliances and, therefore, are subject to 30% advance sales tax based on the landed cost thereof plus 50% mark-up. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue COPY FURNISHED: 1. Commissioner of Customs, Manila 2. Chief, Business Tax Division, BIR, Manila
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