Skip to main content

Process of Converting Twines in Skeins

BIR Ruling No. 447-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 25, 1958

Full text

August 25, 1958 BIR RULING NO. 447-58 The Manager Victory Business Agency 2nd Floor, The Remnants Center Building 823 Juan Luna, Manila S i r : In answer to the query contained in your letter of even date, I have the honor to inform you that the process of converting twines in skeins into those in balls does not constitute manufacturing as the term is defined by Section 194(x) of the National Internal Revenue Code. Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue

Ask what this means for your situation

The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.