BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Apr 15, 1975
Full text
April 15, 1975 The General Manager Kolor Industries, Inc. P. O. Box 90, Quezon City S i r : This refers to your letter dated April 14, 1975 requesting a ruling as to the rate of sales tax applicable to your importation of the following items: A) Radiator Coolent recovery system B) Mallory Ignition cool C) Coil Spring control D) Accel Ignition coils E) Accel Ignition coils F) Red header heat paint (non-automotive products) G) Blue header heat paint (non-automotive products) H) Dixco ht/x Tachometer I) Judson magneto J) Accel plugs K) Steering wheel pullers In reply, I have the honor to inform you that it appearing in the brochures of the aforecited articles that they are used by trucks, buses, jeeps and pick-ups, they 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. aisa dc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."
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