VAT Ruling No. 069-88
VAT Ruling No. 069-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Mar 17, 1988
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March 17, 1988 VAT RULING NO. 069-88 103 (a) (3)-000-00-069-88 Mr. Jesus S. Perfecto Legal Counsel Office of Legal Affairs University of the Philippines (Manila) Padre Faura St., Ermita Manila S i r : This is in reply to your letter inquiring whether or not the additional 10% Value-Added Tax charged on your bill by Kooler Industries for the lease of drinking fountain machines is in accordance with the VAT law. The services rendered by Kooler Industries are not among those exempted from VAT pursuant to Sec. 103 of the Tax Code as amended by EO 273. As a VAT-registered company, Kooler Industries must pay a 10% VAT on the leasing of drinking fountain machines. Such tax payment may legitimately be passed on to its clients, e.g. U.P. Manila. liblex Very truly yours, BIENVENIDO A. TAN, JR. Commissioner of Internal Revenue
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