January 6, 1958
BIR RULING NO. 005-58
Benitez & Company, Inc.
State Building
Manila
Gentlemen :
In connection with your letter dated January 3, 1958, requesting the release from customs custody of eleven cartons microphones and loudspeakers upon payment by you of the compensating tax only on the ground that the same will be used by the Mapua Institute of Technology as instructional and demonstrative devices, I regret to inform you that your said request cannot be granted. It appears that your request is based on a 2nd indorsement of this Office dated December 12, 1957 to the Honorable, the Undersecretary of Finance, wherein this Office gave the information that scientific instruments intended for the use of the Mapua Institute of Technology in connection with the instruction of students at its electronics laboratory are subject to the compensating tax prescribed by Section 190 of the National Internal Revenue Code. In this connection, it is informed that the said information was given on the assumption that the Benitez & Company, Inc. would act only as indentors for the Mapua Institute of Technology...
