VAT Ruling No. 030-88
VAT Ruling No. 030-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Feb 5, 1988
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February 5, 1988 VAT RULING NO. 030-88 102 (a)-000-00-030-88 Trans-World Brokerage Corp. Rm. 800, Fil-Am Resources Bldg. 231 Juan Luna St., Manila Attention: Ms . Lourdes D . Tanquilut Accountant S i r : In reply to your letter dated January 20, 1988, please be informed that your services as customs broker is subject to VAT pursuant to Sec. 102 (a) of the Tax Code, as amended by E.O. No. 273. However, the trucking services rendered by your corporation is not covered by value-added tax and is subject to the 3% percentage tax on common carriers. cdtech Please be guided accordingly. Very truly yours, BIENVENIDO A. TAN, JR. Commissioner of Internal Revenue
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