BIR Ruling [DA-091-01]

May 16, 2001 BIR RULING [DA-091-01] 109 (v) 221-89 A & R Craft Philippines #14 Natividad St., Paltok, San Francisco Del Monte Quezon City Attention: Mr . Alfred O . Tolentino General Manager Mrs . Rebecca G . Tolentino Prop-Asst. General Manager Gentlemen : This has reference to your letter dated August 22, 2000 requesting for the issuance for a NON-VAT Certification since you are an exporter of Philippine handicraft products, and therefore, exempt from payment of value-added tax. In reply, please be informed that per your Certificate of Registration dated July 15, 1999 attached to your letter-request, it readily shows that you are a Non-VAT registered taxpayer. SCIacA Moreover, as a Non-VAT registered exported of Philippine handicraft products, your export sales are exempt from Vat pursuant to Section 109(v) of the 1997 Tax Code. You, however, are subject to corporate income tax on income derived from your export sales. ( Vat Ruling No. 221-89 dated September 6, 1989 ) This ruling is being issued on the basis of the foregoing facts as represented. However, if upon investigation, it will be ascertained that the facts are different, then this ruling shall be considered void. IATSHE Very truly yours, Commissioner of Internal Revenue By: (SGD.) EDMUNDO P. GUEVARA Deputy Commissioner Legal & Inspection Group