Sufficiency of the Correct Amount of the Billed Sales Tax as a Separate Item in the Sales Invoice
BIR Ruling No. 339-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 10, 1960
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August 10, 1960 BIR RULING NO. 339-60 Messrs. Sycip, Gorres, Velayo & Co. Certified Public Accountants 490 San Luis, Manila Gentlemen : In reply to your letter dated August 8, 1960, I have the honor to inform you that, for purposes of General Circulars Nos. 431 and 440, it is sufficient that the correct amount of the sales tax is billed as a separate item in the sales invoice. The statement contained in our Ruling No. 257 dated June 15, 1960 to the effect that the deductible cost of raw materials should be indicated in the invoice may be disregarded. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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