Proper Time for the Payment of the Excise Tax on Locally Produced Film
BIR Ruling No. 084-96 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 30, 1996
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July 30, 1996 BIR RULING NO. 084-96 127 000-00 084-96 Mr. Benjamin v. Quesada Revenue District Office No. 40 Cubao, Quezon City S i r : This refers to your letter dated February 5, 1996 requesting opinion as to when is the proper time for the payment of the excise tax on locally produced films. cdtech In reply thereto, please be informed that the specific tax on cinematographic films manufactured or produced in the Philippines shall be paid by the manufacturer or producer immediately before removal from the place of production. [Sec. 127 Tax Code, as amended; RMO No. 6-84 dated February 9, 1984] The proof of payment is the Cinematographic Film Withdrawal Certificate which shall be attached securely to the containers before removal from the place of production. Such being the case, the payment of the specific tax on locally produced film shall be before removal from the place of production and not before removal from the place where the business address of the manufacturer or producer is located. cdti Very truly yours, LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue
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