VAT Ruling No. 004-88
VAT Ruling No. 004-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Jan 21, 1988
Full text
January 21, 1988 VAT RULING NO. 004-88 126-000-00-004-88 Mr. Jose Carpio Sy Ports Operations Manager Avemaco International Traders, Inc. 90 Borromeo St. Longos, Malabon, Metro Manila S i r : This refers to your letter dated January 11, 1988 inquiring whether "coke" which is subject to excise tax Under Sec. 151 is subject to the value-added tax. In reply thereto, please be informed that pursuant to Sec. 126 of the Tax Code, as amended by Executive Order No. 273, "coke" is subject to excise tax in addition to the value-added tax. cdta Very truly yours, BIENVENIDO A. TAN, JR. Commissioner of Internal Revenue
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