BIR Ruling No. 061-65
BIR Ruling No. 061-65 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 3, 1965
Full text
June 3, 1965 BIR RULING NO. 061-65 The Manila Wine Merchants, Inc. P. O. Box 403, Manila Gentlemen : This has reference to your request for extension of your permit to store in your bonded warehouse tax-free wines and liquors imported by diplomatic missions and consulates to include the PAL. In answer thereto, I have the honor to inform you that the exemption of the PAL from internal revenue taxes as provided for in section 13 of its Charter (Act No. 4272 as amended by CA No. 222 and Republic Act No. 759) does not include the compensating tax on its importations pursuant to the ruling of the Supreme Court in cases involving similar tax exemption provisions. (Panay Electric vs. Collector, G.R. No. L-6753, July 30, 1955; Manila Gas Corporation vs. Collector, G.R. No. L-11784, Oct. 24, 1958; Consuelo Borja vs. Collector, G.R. No. L-12134, Nov. 29, 1961. casia Your request has, therefore, to be as it is hereby denied. Very truly yours, (SGD.) BENJAMIN N. TABIOS Acting 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.