Taxability of a Manufacturer of Metal Products (aluminum kitchen ware)
BIR Ruling No. 450-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Aug 21, 1958
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August 21, 1958 BIR RULING NO. 450-58 Mr. Enrique Biel 185 A. Mabini San Juan, Manila S i r : In reply to your letter dated July 10, 1958, requesting information as to the kind of taxes to be paid by you as a manufacturer of metal products consisting exclusively of aluminum kitchen ware, I have the honor to inform you that you have to pay a fixed annual tax of P20.00 for each calendar year and a manufacturer's sales tax of 7% to be based on the gross selling price or gross value in money of the articles to be sold, exchanged or transferred, pursuant to Section 182 and 186 respectively of the Tax Code. However, where such articles are to be manufactured out of materials subject to tax under the latter section, the total cost of such materials as duly established shall be deductible from the gross selling price or gross value in money of such manufactured articles. Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue
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