Tax Rate on Gypsum Imported by a Cement Factory
BIR Ruling No. 008-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 4, 1960
Full text
January 4, 1960 BIR RULING NO. 008-60 2nd Indorsement Respectfully returned to the Commissioner of Customs, Manila, with the information that gypsum imported by a cement factory for use in the manufacture of cement and which forms part of the manufactured cement, is subject to the 7% advance sales tax, said tax to be computed on the total landed cost thereof plus 25% mark-up. aisadc MELECIO R. DOMINGO Commissioner of Internal Revenue
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