Re-Exporting of Stolichnaya Vodka Without Payment of Specific Tax, VAT and Customs Duty
BIR Ruling No. 286-88 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 29, 1988
Full text
June 29, 1988 BIR RULING NO. 286-88 19-00 000-00 286-88 Gentlemen : This refers to your letter dated June 2, 1988 requesting authority to re-export 700 cases of Stolichnaya Vodka without payment of specific tax, value-added tax and customs duty. It appears that said 700 cases of Stolichnaya Vodka which originated from Russia were imported under L/C No. 872553 and presently stored in your Customs Bonded Warehouse No. 13 still untaxed; that said Russian products are intended for Guam but are coursed through you because of the absence of a formal trade relations between the United States of America and Russia. In reply, please be informed that pursuant to Section 1907 of the Tariff and Customs Code, articles entered under an irrevocable domestic letter of credit, bank guarantees or bond may be withdrawn from Customs Bonded Warehouse at any time for exportation, without the payment of customs duties and taxes. (Refer to Commentaries on the Revised Tariff and Customs Code, Tejam, page 2280) Accordingly, the aforesaid products may be re-exported by you without payment of specific tax, value-added tax and customs duty. This serves as your authority to cause the re-exportation to Guam of 700 cases of Stolichnaya Vodka covered by L/C No. 8725553 without the payment of specific tax and value-added tax. cdtech Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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