VAT Ruling No. 027-88
VAT Ruling No. 027-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Feb 16, 1988
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February 16, 1988 VAT RULING NO. 027-88 103 (f)-000-00-027-88 Mr. Monico G. Yadao General Manager UST Press Espaa, Manila Dear Sir : In reply to your request for clarification dated November 17, 1987, please be informed that the exemption from the value-added tax is limited only to the printing of books, journals, bulletins, magazines, newsletters and other publications for publishers and schools pursuant to Section 103 (f) of the Tax Code as amended by E.O. 273. On the other hand, the printing of business and school forms, brochures, posters, leaflets and similar items are subject to VAT. cdtech Very truly yours, VICTOR A. DEOFERIO, JR. Deputy Commissioner
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