Clarification on Tax Exemption Status under P.D. 2008 as a Registered Cooperative of the Bureau of Cooperative Development of the MFA
BIR Ruling No. 021-87 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 26, 1987
Full text
January 26, 1987 BIR RULING NO. 021-87 162-C 000-00 021-87 Gentlemen : This refers to your letter dated January 7, 1987 requesting clarification on your tax exemption status under P.D. 2008 as a registered cooperative of the Bureau of Cooperative Development of the Ministry of Food and Agriculture in view of the amendatory provisions of Executive Order No. 93, withdrawing the tax and duty exemption privileges with certain exemptions of government and private entities. In reply, please be informed that since rules and regulations to implement the provisions of Executive Order No. 93 are not yet promulgated by the Ministry of Finance as provided in Section 6 thereof, said Executive Order is still not yet effective. Accordingly, as further requested in your letter dated December 12, 1986, this Office hereby confirms your tax-exempt status under P.D. 2008. Such being the case, your importation of shrimp feeds which arrived on December 26, 1986 is exempt from the advance sales tax, provided that the same is sold exclusively to your members. (BIR Ruling No. 170-86) Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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