July 15, 2008
VAT RULING NO. 005-08
Sec. 114 (C) VAT Ruling 078-2002 & 010-2006
Adriana Printing Company, Inc.
776 Aurora Boulevard
Quezon City
Attention: Mr. Rene L. Martinez
President
Gentlemen :
Reference is made to your letter dated May 30, 2006 requesting for a clarificatory ruling to the effect that your printing, publication and sale of textbooks is exempt from the value-added tax (VAT). SIacTE
It is represented that Adriana Printing Co., Inc. (APCI) is engaged in the publishing and printing of textbooks; that APCI is a VAT registered taxpayer; that in the course of your recent transactions with the Department of Education (DepEd) and/or local government units, you were required to provide them with a ruling from the BIR granting you exemption from the payment of the VAT, hence, this request.
In reply, we would like to reiterate our opinion under VAT Ruling No. 78-2002 dated November 20, 2002 and VAT Ruling No. 10-2006 dated Sept. 20, 2006, that the sale, printing and publishing of books are exempt from VAT under Section 109 (Y) of the Tax Code of 1997, as last amended by...
