BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Feb 28, 1968
Full text
February 28, 1968 Suter, Inc. P.O. Box 3162 Manila Attention: Atty . El L . Doronila Import Manager Gentlemen : In reply to your letter dated February 26, 1968 requesting information as to the rate of advance sales tax due on imported D.S. Screens, I have the honor to inform you that inasmuch as the imported articles are used by photoengravers and photolithographers in offset printing, 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. End-users who purchase from you the aforecited imported articles are not subject to any tax. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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