BIR Ruling No. 247-A-82

September 16, 1982 BIR RULING NO. 247-A-82 199-00 006-79 247-A-82 Popular Book Store 1573 Doroteo Jose St. Sta. Cruz, Manila Attention: Mr . Joaquin Po General Manager Gentlemen : This refers to your letter dated May 27, 1982 to the Honorable Minister, Ministry of Finance, which was referred to this Office, requesting in effect, a ruling as to the correct classification of books for tax purposes. In reply, please be informed that for internal revenue tax purposes books are classified as ordinary articles. Accordingly, your importation of books which are not intended for resale or barter is subject only to the 10% compensating tax based on the landed cost thereof in accordance with Section 204, in relation to Section 199(a), both of the Tax Code, as amended. However, if the said imported books are sold, bartered or exchanged, the same shall be 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(a), both of the Tax Code, as amended. It is suggested that your inquiry as to the imposition of customs duties on the aforesaid importation be directed to the Bureau of Customs which has jurisdiction over said matter. cdtech Very truly yours, TOMAS C. TOLEDO Acting Commissioner