BIR Ruling [UN-247-95]
BIR Ruling [UN-247-95] • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Jul 5, 1995
Full text
July 5, 1995 BIR RULING [UN-247-95] Rep. Benjamin V. Bautista, Sr. House of Representatives Quezon City S i r : This refers to your letter dated July 4, 1995 requesting for tax exemption on the importation of United Farmer and Fisherman Association of the Philippines-Integrated Multi-Purpose Cooperative (UFFAP-IMCOOP) of solar materials in connection with the joint project of the Department of Energy and the Australian Government. In reply, please be informed that further to BIR Rulings No. ECCP-085-95 dated July 3, 1995 issued in favor of the UFFAP-IMCOOP, under R.A. No. 7716 otherwise known as the Expanded VAT Law, effective on May 28, 1994 (but implementation of which is held pending due to the Temporary Restraining Order of the Supreme Court), your sale and/or importation of goods and sale of privileges shall be subject to the value-added tax under Sections 100 to 102 of the Tax Code, as amended. cdtech Very truly yours, ALICIA P. CLEMENO Assistant Commissioner (Legal Service)
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