BIR Ruling

September 27, 1973 ANACO Chemical Industries 354 Legaspi Street Cebu City Gentlemen : In reply to your letter dated September 21, 1973, I have the honor to inform you that as a repacker of denatured alcohol, you are not considered a manufacturer and, therefore, you are not subject to the manufacturer's fixed and percentage taxes, provided that the denatured alcohol you repacked has been purchased from duly licensed manufacturers who have paid the corresponding sales tax thereon. However, you are subject to the graduated annual fixed tax prescribed in Section 182(A)(2) of the Tax Code, the initial amount of which is P10.00; thereafter the amount of tax will depend upon the amount of gross sales during the preceding calendar year. Accordingly, since you are subject to the graduated annual fixed tax as hereinabove stated, you are not required to file the surety bond required of manufacturers and importers of articles subject to specific tax under Section 156 of the Tax Code, as amended. (BIR Ruling dated March 15, 1973). Moreover, as a repacker of denatured alcohol, you are not considered a repacker of wines or distilled spirits under Section 194(e) of the Tax Code. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."