BIR Ruling

September 12, 1973 The Commissioner of Customs Manila S i r : In connection with the importations by Commercial Motors Corporation of CKD Mercedes-Benz cars and replacement parts, please be informed that, as certified to by the Board of Investments, said Corporation is considered a "registered assembler" under the Progressive Car Manufacturing Program for the duration of the phase-out period. Accordingly, its importations of CKD parts and replacement parts are subject to the 7% advance sales tax, plus 25% mark-up, pursuant to Section 183(b), in relation to Sections 184-A and 186, all of the Tax Code, as amended by Presidential Decree No. 69. cdta This will serve as authority for that Office to release the above shipments of Commercial Motors Corporation, upon payment of the 7% advance sales tax. 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."