Exemption of Adamson Chronicle from VAT

September 29, 1989 BIR RULING NO. 210-89 103 (f) 000-00 210-89 Gentlemen : This refers to your letter dated June 26, 1989, requesting the opinion of this Office as to whether the Adamson Chronicle, which you print and which comes out every two months and is paid for in advance by the students during their enrollment, is exempt from the VAT under Section 103(f) of Executive Order No. 273 and Section 9(B)(6) of Revenue Regulations No. 5-87 covering the collection of said tax. In reply, please be informed that your request is answered in the affirmative. As publisher of the official student publication of Adamson University which appears at regular intervals the price of which is paid for in advance by the students during their enrollment and which are not devoted principally to the publication of advertisement, you are exempt from the VAT under Section 103(f) of the Tax Code as amended by E.O. No. 273. cdtech Very truly yours, (SGD.) JOSE U. ONG Commissioner