Taxability of "Celluloid Umbrella Handles whose Importer is Not a Manufacturer or a Producer"
BIR Ruling No. 243-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 15, 1960
Full text
June 15, 1960 BIR RULING NO. 243-60 R. G. Walse & Company 3rd Floor, Trade & Commerce Bldg. 215 Juan Luna Street M a n i l a Gentlemen : In answer to your letter dated June 14, 1960, requesting information as to the taxability of "Celluloid Umbrella handles whose importer is not a manufacturer or a producer", I have the honor to inform you that imported celluloid umbrella handles are not subject to an advance sales tax of 30%, based on the total landed cost thereof plus 50%, mark-up, pursuant to section 183(b) relation to section 185(d), both of the National Internal Revenue Code. Very truly yours, (SGD.) MISAEL P. VERA Deputy Commissioner of Internal Revenue
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