Exemption from Withholding Provisions of RA 1051 on Sales of Pharmaceutical Products to FTI and Government Agencies
BIR Ruling No. 181-85 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 10, 1985
Full text
October 10, 1985 BIR RULING NO. 181-85 199-a 019-84 181-85 Gentlemen : This refers to your letter dated February 15, 1985 requesting in behalf of your client, Cyanamid Philippines, Inc., exemption from the withholding provisions of Republic Act No. 1051, as implemented by Revenue Regulations No. 4-83 on sales of its manufactured pharmaceutical products, such as antibiotics and vitamins, to the Food Terminal, Inc. and other government agencies. In reply, please be informed that your request is hereby granted. Under Revenue Regulations No. 4-83 dated March 15, 1983, or the Revised Regulations implementing Republic Act No. 1051 which governs the manner of withholding and remittance of taxes due on account of money payments to be made by government offices and agencies, only the sales tax on gross money payments to producers for every original domestic sale, barter, exchange or transfer of minerals, mineral products, sand and gravel and quarry resources (except gold and other precious metals), logs, lumber and all forest products, cement, agricultural food and non-food products are subject to withholding. cdta Very truly yours, (SGD.) TOMAS C. TOLEDO Acting Commissioner
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