BIR Ruling [UN-092-94]

March 14, 1994 BIR RULING [UN-092-94] Golay Buchel Philippines, Inc. Alegria Bldg.,2294 Pasong Tamo Ext. Makati, Metro Manila Attention: Mr . Sergio T . Ortiga Administration Manager Gentlemen : This refers to your letter dated October 22, 1993 stating that you are registered with the Export Processing Zone Authority located at the Special Export Processing Zone in Laguna Technopark, Sta. Rosa, Laguna, and that you purchase various materials which do not form part of the finished goods to be exported. Based on the foregoing, you now request for a ruling on whether or not your purchase of the abovementioned materials is exempt from value-added tax (VAT). cdtech In reply thereto, please be informed that under RMO No. 22-92, Sale of goods to EPZA-registered firms which will not form part of their finished products to be exported is exempt from VAT pursuant to Section 103 (u) of the Tax Code in relation to Article 77 (i) of the Omnibus Investments Code of 1987 (G. O. No. 226) (VAT Ruling No. 103 (u)-032-93). Such being the case, being an EPZA Registered enterprise, your purchases of supplies or materials which do not form part of your finished goods exported are exempt from VAT. Very truly yours, ALICIA P. CLEMENO Officer-in-charge (Legal Service)