BIR Ruling No. 051-62
BIR Ruling No. 051-62 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 15, 1962
Full text
February 15, 1962 BIR RULING NO. 051-62 The Assistant City Treasurer City of Cebu S i r : In answer to your letter dated May 26, 1961, I have the honor to inform you that "Rockgas", a commercial brand of liquified petroleum gas which is not used as motor or vehicle fuel, is not subject to the specific tax under section 142 of the Tax Code. Wholesale and retail dealers of the same are subject to the graduated annual fixed tax (C-13) prescribed in section 182(A)(2) of said Code. In this connection, it may be stated that manufacturers of "Rockgas" are subject to the annual fixed tax of P20.00 of the same Code. Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.