Philippines Acetylene Co. is Not a Wholesale Dealer
BIR Ruling No. 089-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Feb 12, 1959
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February 12, 1959 BIR RULING NO. 089-59 Mr. Jose W. Diokno Attorney-at-Law 332 Regina Bldg., Escolta Manila S i r : In reply to your query as to whether or not the Philippines Acetylene Co. can be considered as wholesale dealer insofar as its sales of liquefied petroleum gas are concerned, I have the honor to inform you that inasmuch as liquefied petroleum gas is not a motor fuel, the Philippine Acetylene Co. cannot be considered a wholesale dealer of articles subject to specific tax. The sale of liquefied petroleum gas is subject only to the 7% sales tax prescribed in Section 186 of the National Internal Revenue Code. llcd Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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