BIR Ruling No. 203-83

November 18, 1983 BIR RULING NO. 203-83 Gentlemen : This refers to your letter dated July 6, 1983, requesting for and in behalf of your client, CHESTERFIELD PAPER PHILS., INC. of Bo. Kaingin, Quezon City a ruling on the right classification of its business. It is represented that Chesterfield Paper Phils., Inc. is engaged in the purchase of large size paper products or materials from manufacturer and cutting the same into small sizes such as long or short paper bonds or onion skin. These cut paper bonds or paper materials are then sold to customers such as bookstores and printers. In reply, please be informed that based on the above-mentioned facts, your client is a mere dealer of paper products subject to the graduated annual fixed tax prescribed in Section 192(2) of the Tax Code. The recutting of papers is simply for the purpose of making them more convenient for use. (See Op. No. 210, S. 1947, Secretary of Justice) aisadc Very truly yours, (SGD.) RUBEN B. ANCHETA Acting Commissioner Bureau of Internal Revenue