BIR Ruling

July 14, 1976 Mr. Eduardo V. Diaz Suite 215 State Financing Bldg. 239 Juan Luna St.,Binondo Manila S i r : This refers to your letter dated May 28, 1976 requesting confirmation of your understanding that the importation of your client, Mexico Auto Supply, of 250 cartons APH-8A oil filters, 200 cartons of APH-8A oil and gas filters, and 1 skid of 10 cartons PIK gas filters to be sold "as is",is subject to the 7% advance sales tax with a 25% mark-up. In reply, I have the honor to inform you that it appearing that the aforesaid importations of your client are not among those subject to the 100% tax in the ruling of the Secretary of Finance dated July 13, 1976, said 250 cartons APH-8A oil filters, 200 cartons of APHA oil and gas filters and 1 skid of 10 cartons PIK gas filters imported by your aforesaid client are subject to the 7% 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, both of the Tax Code. Very truly yours, EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-1456-040-3