Importation of Non-electrical Pressure Cooker is Subject to 10% Advance Sales Tax
BIR Ruling No. 230-81 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 16, 1981
Full text
November 16, 1981 BIR RULING NO. 230-81 199-00 151-81 230-81 Messrs. Santilla, Jimenez & Roque Suite 555 Wellington Building Binondo, Metro Manila Attention: Mr . Dominador B . Roque Partner Gentlemen : In reply to your letter dated September 24, 1981, please be informed that importation of non-electrical pressure cooker of the description appearing in the catalog submitted, is subject to the 10% advance sales tax based on the landed cost plus 25% mark-up, pursuant to Section 193(b) in relation to Section 199, both of the Tax Code, as amended. Very truly yours, RUBEN B. ANCHETA Acting Commissioner
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