VAT Ruling No. 014-03

January 21, 2003 VAT RULING NO. 014-03 Section 109 (y) VAT Ruling No. 085-2001 Shelmarie Enterprises 926 Sto. Cristo Street, Tondo Manila Attention: Ms. Shiellamary De La Cruz Owner Gentlemen : This refers to your letter dated September 02, 2002 requesting for an exemption from the Value Added Tax pursuant to the provisions of Section 109 (y) of the Tax Code of 1997. cSCADE It is represented that you are engaged in the importation of fresh fruits, onions and garlic; and that you seek exemption from the VAT in accordance with the import liberalization program under the Central Bank Circular No. 1127 and 1128 and Section 109 of the Tax Code of 1997. In reply, please be informed that based on the aforesaid representation, your importation of fresh fruits, onions and garlic is exempt from the 10% VAT pursuant to Section 109(c) of the Tax Code of 1997. Accordingly, this ruling shall serve as authority of the Bureau of Customs to release the above importation which shall be in lieu of the issuance of the Application to Release Imported Goods (ATRIG). This ruling is being issued on the basis of the foregoing facts as represented. If upon investigation, it will be discovered that the facts are different, then this ruling shall be considered null and void. Very truly yours, Commissioner of Internal Revenue By: (SGD.) JOSE MARIO C. BUAG Deputy Commissioner Legal & Inspection Group