Rate of Tax Applicable on Importation of Australian Meat and Bone Meal

July 11, 1986 BIR RULING NO. 109-86 162 (c) 165 (A) (3) (a) 000-00 109-86 Gentlemen : This refers to your letter dated April 8, 1986 requesting information as to the correct rate of tax applicable on your importation of approximately 100 metric tons of Australian meat and bone meal which left the port of Australia on April 15, 1986 on board the vessel SS "Ming Hope". It is represented that the said imported meat and bone meal consist of a minimum of 50% protein, packed in new bags (either jutes or polybags) of 50 kgs net each, free of big bone chips and not adulterated with foreign materials. In reply, I have the honor to inform you that the aforesaid imported Australian meat and bone meal are considered processed meat hence, subject to 10% advance sales tax based on the total value used by the Bureau of Customs in determining tariff and customs duties pursuant to Section 162(c) in relation to Section 165(A)(3)(a), both of the Tax Code as amended by P.D. No. 2031, and as clarified by RMC No. 8-86 dated April 23, 1986. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner