BIR Ruling No. 043-61
BIR Ruling No. 043-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 21, 1961
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February 21, 1961 BIR RULING NO. 043-61 In reply to your query of . . . , I have the honor to inform you that imported lighter flints, for sales tax purposes, are subject to 30% sales tax and 50% mark-up, pursuant to the provisions of Section 185, in relation to Section 183 (b), of the Tax Code, as amended. The foregoing classification is based on the fact that accessories (lighter flints) of finished articles (mechanical lighters) subject to the sales tax under Section 185 of the Tax Code are likewise subject to the same rate of tax, pursuant to the last paragraph of the same section aforementioned. cdti
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