Request for Exclusion of Don John Trading & Management Corp., a Corporation Engaged in the Business or Trading Second-Hand Home and Office Appliances, from the Coverage of the Value Added Tax (VAT)

February 11, 1994 BIR RULING NO. 056-94 99 000-00 056-94 Benjamin L. Sim & Co. Certified Public Accountants 124 T. Morato Avenue Quezon City Attention: Ms . Analynda D . Tan Gentlemen : This refers to your letter dated July 12, 1993 requesting in effect, exclusion of your client, Don John Trading & Management Corp., a corporation engaged in the business or trading second-hand home and office appliances, from the coverage of the Value Added Tax (VAT). In reply, please be informed that your request has to be, as it is hereby denied for lack of legal basis. Section 99 of the Tax Code, as amended, provides that any person who, in the course of trade or business, sells, barters or exchanges goods, renders services, or engages in similar transactions and any person who imparts goods shall be subject to the value-added tax (VAT) imposed in Sections 100 to 102 of the Tax Code, as amended. Very truly yours, LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue