BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jul 14, 1975
Full text
July 14, 1975 Mindanao State University 7th Floor, L & S Bldg. 1414 Roxas Blvd., Manila Attention: Mr . Edwin P . Acoba Vice President for Development Gentlemen : This refers to your letter dated June 19, 1975 requesting articles be exempted from the payment of compensating tax, viz.: 70 heads of cattle 13 Gallon Drum of HD 90 Oil 2 Electric Fence Unit 500 All Flex Cattle Tags & Applicators 15 Drums of Asuntal Spray 1/4 Ton of No. 8 Fencing Wire 1/4 Ton of Barbed Wire 50 inflations 500 Waratah 6 FT Standards 1 Small Seed Box Drive Chain 1 Gear Guard 5 Blank of Coners 1 Left Drum Guard 5 Blank of Plates 10 Overdrilling Sheets 1 Refrigerated Vat In reply, I have the honor to inform you that while this Office is too willing to help you, nevertheless, there is no law which we can lean upon to exempt your aforesaid importation. Such being the case, this Office is left without any alternative but to subject the foregoing shipment to the 7% compensating tax prescribed in Section 190 of the Tax Code. cdti Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5
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