BIR Ruling [DA-146-96]
BIR Ruling [DA-146-96] • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Apr 11, 1996
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April 11, 1996 BIR RULING [DA-146-96] Joaquin Cunanan & Co. 8th Floor, BA-Lepanto Bldg. 8747 Paseo de Roxas Makati City Attention: Ms. Tomasa H. Lipana Gentlemen : This refers to your letter dated September 28, 1994 protesting in behalf of Labtech Manufacturing Industries, Inc., No. 62 1st Street, Cubao, Quezon City, against the deficiency VAT assessments for 1988 and 1990 in the respective amounts of P22,019,175.22 and P20,072.689.00 covered by Assessment Notice Nos. FAS-4-88-91-003459 dated December 20, 1991 and FAS-8-90-92-003839 dated September 1, 1992. In reply, please be informed that after a re-study of the facts of the case and the pertinent laws, regulations and rulings applicable thereto, this Office finds your client not liable to the payment of the said tax liabilities. Accordingly, the said deficiency assessments are hereby cancelled and the case against your client considered closed and terminated. DAETHc Very truly yours, (SGD.) LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue
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