BIR Ruling No. 443-61

December 22, 1961 BIR RULING NO. 443-61 MEMORANDUM FOR The Chief, Alcohol Tax Division This has reference to the letter of the Veterans Federation of the Philippines dated December 21, 1961, requesting for the issuance of internal revenue stamps of 1,200 regular labels and 14,400 auxiliary labels to be affixed to the 1,200 cases of brandy imported from abroad and now pending release from customs custody. The President of the Republic of the Philippines, in his directive dated June 27, 1961 stated that ". . . the Federation should be given the tax exemption requested for the limited and isolated transaction authorized by the Monetary Board", pursuant to Section 11 of Republic Act No. 2640. The Secretary of Finance in his letter to the Federation dated June 30, 1961, also stated that the articles imported under such limited and isolated transaction may be entered free from customs duties and taxes under Section 11 of Republic Act No. 2640. In view of the foregoing, the Veterans Federation of the Philippines may be issued the said internal revenue stamps as requested. prcd (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue The above ruling was duly signed by the Commissioner of Internal Revenue on December 22, 1961. (SGD.) P. F. LANDAS Revenue Operations Head (Legal)