Tax Exemption on the Sale of Copra
BIR Ruling No. 488-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 15, 1959
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October 15, 1959 BIR RULING NO. 488-59 Mr. Ramon M. de Claro Attorney-at-Law 312-A Quisumbing Bldg. Corner Dasmarias & Marquina Sts. M a n i l a S i r : In reply to your letter dated October 6, 1959, I have the honor to inform you that copra, is, even under the law, as amended by Republic Act No. 1612, considered an agricultural product and, therefore, the sale of copra by the producer thereof during the efficacy of said Act is exempt from the sales tax. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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