Importation of Poultry and Cattle Feeds to be Sold Directly to Poultry and Cattle Raisers are Subject to the 5% Advance Sales Tax
BIR Ruling No. 238-81 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 20, 1981
Full text
November 20, 1981 BIR RULING NO. 238-81 201-f 79-80 238-81 Phil. Feeds Milling Co., Inc. P.O. Box 1747 M a n i la Attention: Mr . Jose Y . Tolentino Manager Gentlemen : In reply to your letter dated November 10, 1981, please be informed that your importation of alfalfa meal cattle feed with molasses, feed oats and feed barley which are poultry and cattle feeds to be sold directly to poultry and cattle raisers are subject to the 5% advance sales tax based on landed cost thereof plus 25% mark-up, under Section 201(f) in relation to Section 193(b) of the Tax Code, as amended. Very truly yours, RUBEN B. ANCHETA Acting Commissioner
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