BIR Ruling No. 021-80
BIR Ruling No. 021-80 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 13, 1980
Full text
October 13, 1980 BIR RULING NO. 021-80 193-b 075-79 21-80 A.M. Sison, Jr. & Associates Law Office 6th Floor, Rufino Bldg. 6784 Ayala Avenue Makati, Metro Manila Attention : Atty . Antero M . Sison, Jr . Gentlemen : In reply to your letter dated October 11, 1979, please be informed that importations of your client, Coca-Cola Export Corporation (Philippine Branch) of the following: 1. California Orange Oil 2. Florida Tangerine Oil 3. Lemon Oil Cold Pressed 4. Terpeneless Lime Oil 5. Orange 6. Orange Tetrarome 7. Orange Oil Terpeneless 8. Tonic Water 9. Mixture of natural odoriferous substance to serve as base for food products 10. Mixture of flavoring substances to serve as base for food products 11. Mixture of natural flavoring substances to serve as base for food products, which are raw materials in the manufacture of beverage base and concentrates, are subject to the 10% advance sales tax based on the landed cost thereof plus 25% mark-up pursuant to Section 193(b) in relation to Section 199, both of the Tax Code, as amended. Very truly yours, ROMULO M. VILLA Acting Commissioner
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.