Importation of Soy Bean Meal and Peas Subject to 0% Advance Sales Tax as Agricultural Products
BIR Ruling No. 232-86 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 7, 1986
Full text
November 7, 1986 BIR RULING NO. 232-86 162 (c) 207-86 232-86 M a d a m : This refers to your letter dated October 21, 1986 requesting confirmation of your opinion to the effect that your importation of soy bean meal, green peas, Indian peas, brown, black and white peas (samples attached) is subject to 0% advance sales tax as agricultural products. In reply, please be informed that your opinion is confirmed. Your aforesaid imported agricultural products all of which are in their original state are subject to zero per cent (0%) advance sales tax pursuant to Section 162(c) in relation to Section 163(3)(a), both of the Tax Code as amended by Executive Order No. 36. In other words, your aforesaid importation is not subject to the advance sales tax. Likewise, on your original sale thereof, you are not subject to the sales tax under said Section 163(3)(a) of the Tax Code. cdtech Very truly yours, (SGD.) ROMULO M. VILLA Acting Commissioner
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