Sufficiency of the Sales Tax Billed as a Separate Item in the Sales Invoice
BIR Ruling No. 356-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 16, 1960
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August 16, 1960 BIR RULING NO. 356-60 Messrs. Stewart, Cunanan & Co. Certified Public Accountants 107 13th Street, Port Area M a n i l a Gentlemen: In reply to your letter dated August 12, 1960, I have the honor to inform you that, for purposes of General Circulars Nos. 431 and 440, it is enough that the sales tax is billed as a separate item in the sales invoice. The statement in BIR Ruling No. 257, dated June 15, 1960, to the effect that the deductible cost of raw materials should also be indicated in the sales invoice may be disregarded. Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue
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