BIR Ruling No. 330-61
BIR Ruling No. 330-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Sep 15, 1961
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September 15, 1961 BIR RULING NO. 330-61 Mr. Angel C. Cruz R-306 Uy Yat Bldg. Manila S i r : In reply to your letter of even date, I have the honor to inform you that the umbrella handles made of celluloid imported by your client, the Popular Umbrella, Inc., are subject to only 7% advance sales tax, the same to be based on the landed cost plus 25% mark-up. Very truly yours, (SGD.) MISAEL P. VERA Deputy Commissioner of Internal Revenue
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