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Taxability of the Cold Rolled Sheets and Zinc Ingots

BIR Ruling No. 493-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Sep 28, 1959

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September 28, 1959 BIR RULING NO. 493-59 Mr. B. M. Godito Rms. 619-620 Bank of P. I. Bldg. Plaza Cervantes, Manila S i r : With reference to your letter dated August 4, 1959, addressed to the Commissioner of Customs, I have the honor to inform you that cold rolled sheets and zinc ingots imported by you for use in your manufacture of G.I. sheets are subject to the 7% advance sales tax. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue

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