BIR Ruling

January 13, 1969 Mr. Landrico F. Romero BIR Cash Clerk Pagudpud, Ilocos Norte S i r : In reply to the queries contained in your letter dated June 10, 1968, you are hereby informed as follows: 1. Enforcement of Revenue Memorandum Circular No. 22-67 dated April 25, 1967 has been suspended until further advice from this Office. 2. A forestry bond is a deed or obligatory instrument in writing executed by a forest licensee in favor of the Bureau of Forestry to guarantee compliance with forestry regulations. A BIR bond is executed by the licensee in favor of the Bureau of Internal Revenue to guarantee payment of forest charges due on forest products out or gathered by said licensee or his agent. 3. As a general rule a discharge permit is required when forest products are brought outside of the municipality where the cutting area is located. Hence, if forest products are transported to a place within the municipality where the cutting area is located, no discharge permit is required. A Collection Agent has the right to re-measure forest products although the same had previously been scaled by a forest employee. 4. Forest charges are payable on the sixtieth day from the fifteenth day of the month following that to which the monthly scale report pertains, without awaiting demand for the payment thereof, and if they are not paid on time, a surcharge of 25% shall be imposed and collected. (Sec. 27(b) Revised Internal Revenue Forest Products Regulations No. 85). Be guided accordingly. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue