BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Sep 13, 1968
Full text
September 13, 1968 The Manager Narra Export Import House 2015 A. Mabini St. Malate, Manila S i r : This refers to your letter dated September 12, 1968 requesting information as to the correct rate of advance sales tax due on imported Polypropylene Needle Punch Carpet and laying tape. In reply, I have the honor to inform you that it appearing in the sample of the imported carpet that it is made of artificial plastic and cellulose derivative; and that the laying tape is used to plaster the carpet to the floor, the imported articles are subject to 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. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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