10% VAT Exemption on the Importation of Skim Milk Powder

November 24, 1988 BIR RULING NO. 556-88 103 (c) 000-00 556-88 Gentlemen : This refers to your letter dated November 21, 1988 requesting for a ruling as to whether your importation of skim milk powder is subject to the value-added tax. It appears that you are registered with the Bureau of Animal Industry as Feeds and Feedstuff Importer with Registration Certificate No. IM-17. In reply, please be informed that among the articles considered as feeds under Republic Act No. 1556 is skimmed milk powder. (VAT Ruling No. 103(c)-000-00-432-88 dated September 13, 1988) Accordingly your importation of (1) 32MT Skim Milk Powder from Australia which arrived on November 9, 1988 and (2) 100MT European Skim Milk Powder which arrived on November 21, 1988 are exempt from the value-added tax pursuant to Section 103(c) of the Tax Code, as amended by Executive Order No. 273. aisadc This serves as your authority to secure the release from customs custody of your aforesaid shipment without the payment of the 10% value-added tax. Very truly yours, (SGD.) BIENVENIDO A. TAN, JR. Commissioner