BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Oct 28, 1970
Full text
October 28, 1970 Philips Industrial Development, Inc. 2246 Pasong Tamo Makati, Rizal Attention: Mr . E B . Evangelista Head, Import/Export Dept . Gentlemen : This refers to your letter dated October 22, 1970 requesting information as to the rate of sales tax applicable to imported Philips Video Recorder, Type LDL 1000/52. In reply, I have the honor to inform you that it appearing in the brochure of the article that it is a picture and sound recorder and not a music and sound recorder, like a tape recorder, the same is subject to the 7% sales tax imposed in Section 186 of the Tax Code. cdt Very truly yours, MISAEL P. VERA Commissioner of Internal Revenue
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