BIR Ruling No. 086-63
BIR Ruling No. 086-63 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 21, 1963
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November 21, 1963 BIR RULING NO. 086-63 Mr. Artemio N. Capuno c/o United Customs Brokerage R-310 Uy Yet Bldg. 163 Dasmarias, Manila S i r : In reply to your letter dated September 12, 1963, I have the honor to inform you that the amount representing fine or penalty imposed by the Collector of Customs on imported articles is not included in the term "custom duty" specified in Section 183(b) of the Tax Code and, therefore, does not form part of the cost for purposes of the advance sales tax. Very truly yours, (SGD.) RAMON T. OBEN Acting Commissioner of Internal Revenue
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