BIR Ruling No. 281-61

August 21, 1961 BIR RULING NO. 281-61 Reference is made to your letter . . . requesting that your importations of various raw materials, components and parts, including compressor units, which you will use in your manufacture of refrigeration products be subjected to only 15% advance sales tax pursuant to Republic Act No. 3029 which took effect on June 7, 1961. You stated that your shipments now pending release from customs custody arrived after June 7, 1961. You manifested further that you manufacture more than 50% of the parts and components of your products. In reply thereto, I have the honor to inform you that in the light of Republic Act No. 3029, your importations of raw materials and parts and components, including compressor units, which you use in your manufacture of refrigeration products are subject to only 15% advance sales tax. However, should this Office find after investigation that you do not qualify as a manufacturer of non-integrated manufactured refrigeration appliances, the corresponding deficiency tax plus surcharges and penalties shall be collected from you. This will serve as authority for the Commissioner of Customs in effecting the release of your shipments, including future shipments, of raw materials and parts and components, including compressor units, for use in your manufacture of refrigeration appliances upon payment of only 15% advance sales tax thereon. cda