Tax Rate of Mild Steel and Brass Stove Bolts ("3 Uroko" brand)
BIR Ruling No. 268-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 27, 1959
Full text
May 27, 1959 BIR RULING NO. 268-59 Eastern Brokerage Co., Inc. P.O. Box 81 M a n i l a Attention : Mr . Eduardo R . Visaya Secretary Gentlemen : With reference to your letter dated May 19, 1959, I have the honor to inform you that as the so-called mild steel and brass stove bolts ("3 Uroko" brand) appear to be of the ordinary type for general utility, they are subject only to 7% advance sales tax. However, switch plugs, cord switches and switches plugs ("Bryant" Brand) are clearly accessories of electrical appliances, in view of which, they are subject to 30% advance sales tax pursuant to section 185(i) of the Tax Code, as amended. Your catalogues are herewith returned as requested. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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