BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Feb 25, 1972
Full text
February 25, 1972 Messrs. Ozaeta, Ozaeta, Romulo & de Leon Attorney-at-Law Fourth Floor, JMT Building 6467 Ayala Avenue Makati, Rizal Attention: Mr . Benjamin M . de Leon Gentlemen : Further to our letter to you dated February 23, 1972 declaring the importation of your client, Davao Fruits Corporation, of Transceiver TR-7100 with parts as subject to the 7% compensating tax, please be advised that our ruling is predicated on your representation that the imported articles are to be used by your client in its communications system. However, if upon examination, the imported articles turn out to be articles falling under Section 185-B of the Tax Code, the 40% tax under said Section shall be imposed on said importation. Very truly yours, CONRADO P . DIAZ Acting Commissioner of Internal Revenue
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