BIR Ruling No. 156-83
BIR Ruling No. 156-83 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Sep 6, 1983
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September 6, 1983 BIR RULING NO. 156-83 M a d a m : In reply to your letter dated October 4, 1982, please be informed that importation of synthetic and/or chemical fabric (textile) to be used solely and exclusively as screen for screen printing machine, is subject to the 25% compensating tax based on the landed cost thereof, pursuant to Section 205 in relation to Section 196 (g) of the Tax Code of 1977, as amended. If the imported article will be sold, bartered or exchanged, the same will be subject to the advance sales tax. Very truly yours, (SGD.) RUBEN B. ANCHETA Acting Commissioner Bureau of Internal Revenue
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