BIR Ruling [UN-261-95]

July 11, 1995 BIR RULING [UN-261-95] Mr. Rodrigo C. Capulong Acting Chief, Tax Exempt Division Bureau of Customs M a n i l a S i r : This refers to your letter dated March 31, 1995, requesting for a ruling as to whether or not meat and bone meal, or any other raw materials used as ingredient in the manufacture of poultry feeds are exempt from Value-Added Tax (VAT). In reply, please be informed that pursuant to Section 103(c) of the Tax Code, as amplified by Revenue Memorandum Circular No. 43-92 dated July 28, 1992, the ingredients of animal feeds covered by the VAT exemption is limited only to soya bean and fish meal. Since meat and bone meals are not included in the enumeration, the same are subject to VAT. (RMC No. 43-92) However, importation of finished animal feeds duly certified by the Bureau of Animal Industry are exempt from VAT under the said provision of the Tax Code. Very truly yours, ALICIA P. CLEMENO Assistant Commissioner (Legal Service)