Taxability of Imported Gas Stoves and Ranges in Knock Down Condition
BIR Ruling No. 022-67 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 14, 1967
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June 14, 1967 BIR RULING NO. 022-67 The General Manager NC Associates, Incorporated Suite 512-514 Paramount Bldg. 434 Rosario St., Manila S i r : This refers to your letter dated February 3, 1967 to the Commissioner of Customs requesting in effect information as to the rate of advance sales tax due on imported gas stoves and ranges in knock down condition. In reply, I have the honor to inform you that imported gas stoves and ranges in knock down condition to be assembled together with locally manufactured parts into completed and finished gas stoves and ranges remain subject to the 30% advance sales tax based on the landed cost thereof, plus 50% mark-up, pursuant to Section 183(b), in relation to Section 185(i), both of the Tax Code. Moreover, the sale of the completely manufactured gas stoves and ranges is subject to the 30% sales tax prescribed in section 185(i) of the same Code. cdll Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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