BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Feb 9, 1977
Full text
February 9, 1977 Mr. Lope Angangco Customs Broker Mezzanine Floor Mary Bachrach Bldg. Port Area, Manila S i r : This refers to your letter dated December 10, 1976 requesting clarification as to the rate of tax applicable to the importation of your client, Western Bazaar of Butane Gas Refills under customs Entry No. 110658 s. 1976. In reply, I have the honor to inform you that the aforesaid Butane Gas Refills imported by your client, Western Bazaar which are used in cigarette lighters 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
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