Taxability of Imported Chevrolet Panel Delivery Sedan
BIR Ruling No. 024-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jan 21, 1960
Full text
January 21, 1960 BIR RULING NO. 024-60 Messrs. Sycip, Gorres, Velayo & Co. Certified Public Accountants P. O. Box 589, Manila Gentlemen : Reference is made to your letter of the 20th instant, requesting confirmation of your opinion that imported Chevrolet panel delivery sedan is subject to 7% advance sales tax. You stated that said motor vehicle "is closed on the three rear sides and can carry only a maximum of three passengers, including the driver, in the front seat"; that the rear thereof "does not have any passenger seats and can be used only as cargo loading space"; and that the same is classified as truck by the manufacturer in its catalog. To said letter is attached photostatic copies of Chevrolet Specifications Catalog showing the nature and make of the vehicle in question. In answer thereto, I have the honor to inform you that the above-described motor vehicle is a truck. Accordingly, this Office shares in your opinion that the same is subject to 7% advance sales tax, pursuant to section 183(b), in relation to section 186 of the Tax Code. cdll Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue
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