BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Sep 23, 1977
Full text
September 23, 1977 Luzon Brokerage Corporation P. O. Box 591 Manila Gentlemen : This refers to your letter dated August 29, 1977 requesting information as to the rate of advance sales tax applicable to the importation of your client, Chrysler Philippines Corporation, of screws and head rest. In reply, please be informed that the aforesaid importation of your client of screws and head rest are subject to the 100% advance sales tax plus 100% mark-up pursuant to Section 183(b) in relation to Section 184-A, both of the Tax Code. (Ruling dated July 12, 1976, Department of Finance. Very truly yours, (SGD.) EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-P4519-F2828-A-8
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