BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Dec 4, 1973
Full text
December 4, 1973 Mr. Bayani B. Magsambol 324 Downtown Center Rosario St., Manila S i r : In reply to your letter of even date, I have the honor to inform you that the importation of your client, Clover Cosmetic Industries, Inc. of small brushes per. S.S. "Don Rene" under B/L No. M-29 is subject to the 7% advance sales tax plus 25% mark-up pursuant to Section 183 (b) in relation to Section 186, both of the Tax Code. aisadc 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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