VAT Imposed on the Importation of Synthetic Amino Acid DL-Methionine (Feed Grade)
BIR Ruling No. 321-88 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 13, 1988
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July 13, 1988 BIR RULING NO. 321-88 100 151-88 321-88 Gentlemen : This refers to your letter dated June 14, 1988 requesting a ruling as to whether your importation of synthetic amino acid DL-Methionine (feed grade) is subject to the value-added tax (VAT). In reply, please be informed that pursuant to Section 103(c) of the Tax Code as amended by E.O. No. 273, the VAT exemption privilege granted to the importation/sale of ingredients for livestock and poultry feeds is limited only to soya beans and fish meal. Accordingly, your importation of DL-Methionine which is an essential raw material in the production of livestock and poultry feeds is subject to VAT. (BIR Ruling No. 151-88 dated April 19, 1988) Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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