VAT Ruling No. 084-88
VAT Ruling No. 084-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Apr 13, 1988
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April 13, 1988 VAT RULING NO. 084-88 103-c-000-00-0084-88 Addresse * S i r : This is in reply to your letter dated 25 March 1988 inquiring whether or not your company, which engages in the importation and distribution of chemicals for the ingredients of animal feeds, is exempted from the Value-Added Tax. The chemicals enumerated in your letter are used as ingredients in the manufacture of vitamins for exclusive use of the company. The VAT exempts only chemicals used as raw materials for the formulation of pesticides (Sec. 103 of the Tax Code, as amended by E.O. No. 273). In this connection, the sales and/or importation of the above-mentioned chemicals are not exempt from the Value-Added Tax. Very truly yours, BIENVENIDO A. TAN, JR. Commissioner of Internal Revenue
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