Importation of Xylene to be Used in the Formulation of Pesticides is Exempt from VAT
BIR Ruling No. 092-91 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 27, 1991
Full text
May 27, 1991 BIR RULING NO. 092-91 103 (c) 033-89 092-91 Gentlemen : This refers to your letter dated April 23, 1991 requesting confirmation of your opinion that your importation of xylene is exempt from value-added tax. In reply, please be informed that on the basis of the certification by the Fertilizer and Pesticide Authority dated May 10, 1991 that xylene is used in the formulation of pesticides, your importation thereof is exempt from value-added tax pursuant to Section 103 (c) of the Tax Code, as amended by Executive Order No. 273, reading: "Section 103. Exempt Transactions . . . . "chemicals for the formulation of pesticides. xxx xxx xxx This ruling will not apply if xylene is used for any purpose other than the formulation of pesticides. cd Very truly yours, (SGD.) VICTOR A. DEOFERIO, JR. Deputy Commissioner
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