Shipment of Bakery Equipment for Monastery's Altar Bread-Making Subject to 10% Compensating Tax
BIR Ruling No. 048-84 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 29, 1984
Full text
February 29, 1984 BIR RULING NO. 048-84 204-224-83-048-84 Dear Sisters : In reply to your letter dated January 25, 1984, please be informed that the shipment to you of three (3) wood crates, bakery equipment for altar bread-making for the use of your Monastery is subject to the compensating tax of 10% based on landed cost thereof pursuant to Section 204 in relation to Section 199(a), both of the Tax Code, as amended. It should be noted that this provision of law enumerates the articles which are not subject to compensating tax and those imported and/or donated from abroad by religious organizations like your Congregation are not included in the enumeration. cdta Very truly yours, (SGD.) RUBEN B. ANCHETA Acting Commissioner
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