When Importation of Xylene is Exempt from VAT

September 13, 1991 BIR RULING NO. 188-91 103 (c) 188-91 Gentlemen : This refers to BIR Ruling No. 103 (c)-033-89-092-91 dated May 27, 1991 to the effect that pursuant to Section 103 (c) of the Tax Code, as amended by E.O. No. 273, your importation of Xylene is exempt from value-added tax provided that the same is used in the formulation of pesticides. In connection therewith, please be informed that notwithstanding VAT-Ruling No. 058-91 dated June 26, 1991 qualifying that the importation of Xylene is exempt from VAT only if made by the pesticides manufacturer, your importation referred to in your letter dated April 23, 1991 shall be exempt from VAT subject to the following conditions: 1. That you are a duly accredited importer of Xylene as determined by the Fertilizer and Pesticide Authority. 2. That you will execute an affidavit indicating the name and address of your purchaser-manufacturer. 3. That you keep a regular record of your importation and sale of Xylene or other chemicals to be used in the formulation of pesticides upon receipts of this letter, indicating therein the date and quantity of importation, date and quantity of sales, name and address of purchaser-manufacturer. 4. That you will show proof of sale within one (1) month from the date of release of your importation from customs custody. aisadc Very truly yours, (SGD.) EUFRACIO D. SANTOS Deputy Commissioner Officer-in-Charge