VAT Ruling No. 015-88
VAT Ruling No. 015-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Feb 5, 1988
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February 5, 1988 VAT RULING NO. 015-88 103 (c)-000-00-15-88 Chester Industries, Inc. 1622-1626 Felix Huertas Street Sta Cruz, Manila Attention: Mr . Ignacio S . Sam President Gentlemen : This refers to your letter dated January 30, 1988 seeking clarification on whether your sales of diatomaceous earth in the formulation of fertilizer are exempt from the value-added tax. In reply, please be informed that the exemption from value-added tax applies only to chemicals used in the formulation of pesticides, as provided for in Section 103 (c) of the National Internal Revenue Code, as amended by Executive Order No. 273. Raw materials used in the formulation of fertilizers are not included in the exemption. Thus, diatomaceous earth which is used for the formulation of fertilizers is subject to the value-added tax irrespective of whether the fertilizer is exported or not. cdta Very truly yours, BIENVENIDO A. TAN, JR. Commissioner of Internal Revenue
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