January 21, 1988

VAT RULING NO. 004-88

126-000-00-004-88

Mr. Jose Carpio Sy
Ports Operations Manager
Avemaco International Traders, Inc.
90 Borromeo St. Longos,
Malabon, Metro Manila

S i r :

This refers to your letter dated January 11, 1988 inquiring whether "coke" which is subject to excise tax Under Sec. 151 is subject to the value-added tax.

In reply thereto, please be informed that pursuant to Sec. 126 of the Tax Code, as amended by Executive Order No. 273, "coke" is subject to excise tax in addition to the value-added tax. cdta

Very truly yours,

BIENVENIDO A. TAN, JR.
Commissioner of Internal Revenue