Exemption from the Affixture of the BIR Strip Stamps and/or Secondary Label

January 20, 1988 BIR RULING NO. 005-88 100 000-00 005-88 S i r : This refers to your letter dated January 12, 1988 requesting a ruling as to whether or not the compounded liquors manufactured by your client, the BAR Beverage Corporation is exempt from the affixture of the BIR strip stamps and/or secondary label after the effectivity of the Value-Added Tax. In reply, thereto, please be informed that your client, the BAR Beverage Corporation is no longer subject to the 4% ad valorem tax but to the 10% value-added tax under Section 100 of the Tax Code, as amended by Executive Order No. 273 which took effect on January 1, 1988. Such being the case, effective January 1, 1988, it is no longer required to affix the BIR Strip stamps or secondary label on its products in view of the repeal of the excise tax provision on compounded liquors by Executive Order No. 273. cdtech Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner