BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Apr 28, 1975
Full text
April 28, 1975 2nd Indorsement Returned to the Collector of Customs, Port of Manila, thru the Commissioner of Customs, Manila, the within papers bearing on the question as to the correct rate of advance sales tax applicable to the importations of R.N.A. Enterprises of radial tires. Tires, whether of the radial type or not, are of general application, such that they can be used in cars, pick-ups, vans, trucks, buses and all types of motor vehicles. With the foregoing in mind, this Office believes as it hereby holds that the imported tires in question, are subject only to the 7% advance sales tax with a 25% mark-up pursuant to Section 183(b) in relation to Section 186, both of the Tax Code. aisa dc (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN 1601-593-5
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