Tax on the Imported Cellophane Cloth
BIR Ruling No. 317-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 10, 1958
Full text
June 10, 1958 BIR RULING NO. 317-58 The Pacific Copra Export Co. Manila Gentlemen : In answer to your letter of the 3rd instant, I have the honor to inform you that the four cases of textile (cellophane cloth) imported by you, sample of which has been submitted to this Office, are subject to the 30% advance sales tax, based on the total landed costs thereof plus 50% mark-up, pursuant to Section 183(b), in relation to Section 183(p) of the National Internal Revenue Code, as amended. This serves as authority for the Commissioner of Customs, Manila to release the articles in question upon prepayment of the aforesaid tax. LexLib Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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