Importations of Poultry, Swine and Cattle Feeds Subject to 5% Advance Sales Tax Plus 25% Mark-up

April 3, 1985 BIR RULING NO. 050-85 201 (f) 010-83 050-85 Gentlemen : This refers to your letter dated March 26, 1985 which was referred to this Office by the Ministry of Finance in its 1st indorsement dated March 28, 1985, requesting that the importations by your clients of the following feeds, viz: 1. milk exclusively for animal feeds; as certified to by the Food and Drug Administration; 2. meat and bone meal; 3. fish meal; 4. whey powder; 5. rape seed meal; 6. DL Methionine, lysine & Choline feed grade. to be sold directly to poultry, swine and cattle raisers be subject to the 5% advance sales tax. In reply, please be informed that your client's importations of the aforesaid poultry, swine and cattle feeds to be sold "as is" directly to poultry, swine and cattle raisers are subject to the 5% advance sales tax based on the landed cost thereof plus 25% mark-up under Section 201(f), in relation to Section 193(b) of the Tax Code, as amended by Executive Order No. 883. Very truly yours, (SGD.) TOMAS C. TOLEDO Acting Commissioner