BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Nov 18, 1976
Full text
November 18, 1976 Sherry-Mar General Merchandise and Interior Decor 1031 Pandacan St., Pandacan Manila Attention: Carmelita C . Tichangco Proprietress Gentlemen : In reply to your letter dated October 19, 1976, I have the honor to inform you that as a manufacturer of Needlecraft such as draperies, linens and other allied products, your sales of said manufactured articles are subject to the 7% sales tax prescribed by Section 186 of the Tax Code. However, your sales of said articles to the National Cottage Industries Development Authority (NACIDA) are not subject to the withholding tax provisions of Republic Act No. 1051, as implemented by Revenue Regulations No. 21-67, for the reason that the sales tax due thereon cannot be fixed, determined and computed at the time of payment. cdta Very truly yours, EFREN I. PLANA Acting Commissioner of Internal Revenue TAN-1456-040-3
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