March 11, 2020
BIR RULING NO. INV-217-20
Sec. 2 (t) of Revenue Bulletin No. 01-03; BIR Ruling No. 264-15; BIR Ruling No. 648-12
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Sir :
This refers to your letter dated December 04, 2017, stating that you are in the process of developing an invention in the form of an enhanced type of regular motor gasoline; that the product will have as its main ingredients the ordinary regular gasoline available in the local market today and an indigenously available quality enhancer; that you plan to buy the regular motor gasoline component from local suppliers; and that if the invention is granted a patent:
1. Will the patented product, which is classified as an unleaded E10 regular gasoline, be exempted from the specific tax of Php4.35 per liter for motor gasoline? As basis, you are referring to Republic Act (RA) No. 7459 and BIR Revenue Regulations (RR) No. 19-93, Section 3 (C) (c). HTcADC
2. If so, since the gasoline component is already subjected to specific tax at the source, how will the specific tax exemption be handled? Will it be in...
