Exemption of a Business as a Common Carrier from VAT
BIR Ruling No. 082-88 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Mar 8, 1988
Full text
March 8, 1988 BIR RULING NO. 082-88 103 (j) 000-00 082-88 Gentlemen : In reply to your letter dated October 28, 1987, please be informed that your business as a common carrier is exempt from the value-added tax pursuant to Sec. 103(j) of the Tax Code, as amended by E.O. No. 273. However, you are still subject to the 3% common carrier's tax imposed under Section 115 of the same Code. Enclosed herewith are informational materials (VAT Law and Primer) which contain a detailed listing of all services which are included and which are excluded from VAT. cdti Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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