Taxability of Imported Celluloid Sheets
BIR Ruling No. 013-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 21, 1960
Full text
January 21, 1960 BIR RULING NO. 013-60 Palawan Quicksilver Mines, Inc. P. O. Box 297, Manila Gentlemen : In reply to your letter dated January 18, 1960, I have the honor to inform you that imported celluloid sheets are subject to only 7% advance sales tax, the same to be based on the landed cost thereof plus 25% mark-up. This will serve as authority for the Commissioner of Customs in effecting the release of your shipment of celluloid sheets upon the payment of the 7% advance sales tax due thereon. Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.