BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Sep 10, 1969
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September 10, 1969 Filipinas Electro Industrial Corporation 341 MacArthur Highway Valenzuela, Bulacan Attention: Mr . Eduardo R . Visaya Legal Counsel Gentlemen : This refers to your letter dated September 9, 1969 requesting information as to the rate of advance sales tax due on imported electric devise, Omron brand time relay, Type SYS. In reply, I have the honor to inform you that it appearing in the catalogue submitted that the imported time relays are contrivances essentially used in the operations of machineries and other mechanical devices, the same are subject to the 7% advance sales tax 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. cdll Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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