Publishing Section 193(b) of the National Internal Revenue Code as Amended by Executive Order No. 883

April 22, 1983 REVENUE MEMORANDUM CIRCULAR NO. 13-83 SUBJECT : Publishing Section 193(b) of the National Internal Revenue Code as Amended byExecutive Order No. 883 TO : All Internal Revenue Officials and Others Concerned For the information and guidance all concerned, Section 193(b) of the National Internal Revenue Code as amended by Executive Order No. 883 is quoted as follows: "(b) Sales tax on imported articles . When the articles are imported, the percentage taxes established in Sections 194, 195, 196, 197, 198, 199 and 201 of this Code shall be paid in advance by the importer, in accordance with the regulations promulgated by the Minister of Finance and prior to the release of such articles from Bureau of Customs' custody, based on the home consumption value or price (excluding internal revenue excise taxes) thereof, plus ten (10%) percent of such home consumption value or price, including postage, commission, customs duty and all similar charges, except freight and insurance, to be declared in an importer's return, plus [one hundred per centum of such total value in the case of articles enumerated in Sections 194 and 195; fifty per centum in the case of articles under Sections 196 and 197; and twenty-five per centum in the case of articles under Sections 198, 199 and 201]; TWENTY-FIVE PER CENTUM OF THE TOTAL VALUE OF SUCH ARTICLES. The tax imposed in this Section shall not apply to articles to be used by the importer himself in the manufacture or preparation of articles subject to specific tax; Provided, however , That where the National Economic & Development Authority certifies to the availability of local raw materials of sufficient quantity, comparable quality and price to meet the needs of manufacturers subject to specific tax the importation of such raw materials shall be subject to the tax herein imposed." cdt Executive Order No. 883 took effect on March 16, 1983 . Therefore, all imported articles released from the Bureau of Customs' custody before said date shall be subject to the landed cost plus 100% mark-up in the case of articles enumerated in Sections 194 and 195, 50% in the case of articles under Sections 196 and 197 and 25% in the case of articles under Sections 198, 199 and 201. From March 16, 1983, all imported articles enumerated under said provisions (Sections 195 and 199, inclusive, and 201) shall be subject to the uniform mark-up of 25%. cdt It is desired that this Circular be given as wide a publicity as possible. ROMULO M. VILLA Acting Commissioner