Importation of Feedgrade Quality to be Used as Raw Materials in the Manufacture of Animal Feeds are Subject to 10% Advance Sales Tax
BIR Ruling No. 239-81 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Dec 2, 1981
Full text
December 2, 1981 BIR RULING NO. 239-81 199-00 65-80 239-81 Philippine Super Food Corporation 135 North Bay Blvd., Navotas Metro Manila Attention: Mr . Andy Co General Manager Gentlemen : In reply to your letter dated October 3, 1981, please be informed that imported DL-methionine, L-lysine, dicalcium phosphate, skimmed milk powder, meat & bone meal, fish meal and whey powder which are all feedgrade quality to be used as raw materials in the manufacture of animal feeds are subject to the 10% advance sales tax based on the landed cost thereof plus 25% mark-up, under Section 199 in relation to Section 193(b) of the Tax Code, as amended. cdta Very truly yours, RUBEN B. ANCHETA Acting Commissioner
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