BOC Memorandum (25 January 1995)
An Act Granting Tax and Duty Exemption and Tax Credit on Capital Equipment
(NAR) VOL. 6 NO. 1 / JANUARY - MARCH 1995
[ BOC MEMORANDUM, January 25, 1995 ]
INDORSEMENT FOR THE IMPLEMENTATION OF R.A. 7369
In line with the implementation of R.A. 7369 entitled "An Act Granting Tax and Duty Exemption and Tax Credit on Capital Equipment", all Collectors of Customs are hereby directed not to extend exemption on Capital Equipment pursuant thereto without the indorsement from the Department of Finance and that of the Tax Exempt Division, Bureau of Customs. For strict compliance. Adopted: 25 Jan. 1995
(SGD.) GUILLERMO L. PARAYNO, JR. Commissioner