Effect of the Abolition of the Classification of Construction Materials
BIR Ruling No. 268-88 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 28, 1988
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June 28, 1988 BIR RULING NO. 268-88 102 (a) 000-00 268-88 Gentlemen : This refers to your letter dated May 12, 1988, requesting information regarding the classification of construction materials such as PE tubings, PVC pipes, corporation stops, union patents, etc., which you intend to procure for the implementation of the Manila Water Supply Rehabilitation Project funded by ADB. In reply, please be informed that under the VAT law which replaced the sales tax provisions of the Tax Code, the classification of articles into non-essential, essential, agricultural and others, has already been abolished. Accordingly, all of the abovementioned articles are now subject to the 10% value-added tax imposed by Section 102(a) of the Tax Code, as amended by Executive Order No. 273. cdtech Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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