BIR Ruling No. 293-82
BIR Ruling No. 293-82 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Nov 18, 1982
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November 18, 1982 BIR RULING NO. 293-82 197-II 003-79 293-82 Dragon Enterprises Corp. 465 Pedro Gil St., Cor. M.H. del Pilar, Ermita M a n i l a Attention: Ms . Felia Y . Pasco Accountant Gentlemen : This refers to your letters dated July 9, 1982 and August 16, 1982 requesting information as to the rate of advance sales tax and mark-up payable on your importation of the refill of ballpen, consisting of the following: 1. Ballpoint 2. Tube 3. Ink It is represented that the caps and barrels of the ballpen are purchased from a local manufacturer, the STANPLAS; that you locally assemble these parts into ballpen for local sales. In reply, please be informed that the importation of refill ink, tube and ballpoint parts for ballpens are subject to 25% advance sales tax based in the landed cost thereof, plus 50% mark-up, pursuant to Section 193(b) in relation to Section 197-II, both of the Tax Code of 1977, as amended by Presidential Decree No. 1358. aisadc Very truly yours, RUBEN B. ANCHETA Acting Commissioner
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