Importation of Encyclopedia and Educational Materials is Exempt from the Coverage of R.A. No. 1051 and Its IRR
BIR Ruling No. 396-87 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Dec 15, 1987
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December 15, 1987 BIR RULING NO. 396-87 163 (2) (o) 158-83 396-87 Gentlemen : This refers to your letter dated November 24, 1987 stating that your company's nature of business is importation of encyclopedia and educational materials; that an advance sales tax of 10% is imposed on you; and you are not in any way covered by Revenue Regulations No. 4-83 dated March 15, 1983 implementing Republic Act No. 1051, re percentage tax on gross money payment to be withheld by government offices and agencies. Based on the foregoing representations, you now request exemption from coverage of Republic Act No. 1051 and its implementing regulations. In reply, please be informed that your request is hereby granted. Under Section 3 of Revenue Regulations No. 20-86 amending Revenue Regulations No. 4-83, implementing Republic Act No. 1051, only the sales tax due on sales of (except gold and other precious metals) forest products, logs, bamboo, sand and gravel are subject to withholding tax. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner
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