Sales Tax Shall Form Part of the Gross Selling Price of the Manufactured Articles
BIR Ruling No. 312-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 22, 1960
Full text
July 22, 1960 BIR RULING NO. 312-60 Mrs. Soledad S. Estrella Comptroller, Aras-Asan Timber Co., Inc. 682-688 Sales, Manila M a d a m : In reply to your letter dated May 10, 1960, I have the honor to inform you that the sales tax shall form part of the gross selling price of the manufactured articles unless it is billed as a separate item in the sales invoice. Accordingly, where the sales invoice merely contains the notation "7% Tax Included", the amount intended to cover the sales tax shall be considered as part of the gross selling price of the articles sold, and deduction thereof will not be allowed. (BIR Ruling No. 316, s. 1959, citing Connell Bros. Co. (Phil.) vs. Collector of Internal Revenue, C.T.A. Case No. 357, April 29, 1959). Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.