BIR Ruling
BIR Ruling • Bureau of Internal Revenue (BIR) Issuances • Rulings (Unnumbered) • Dec 20, 1967
Full text
December 20, 1967 The Vibelle Manufacturing Corporation 301 Trade & Commerce Bldg. Juan Luna, Manila Gentlemen : With reference to your letter dated December 19, 1967 requesting information as to the rate of tax that should be imposed on the Joie Medicated Cream Powder which is a product of your corporation, I have the honor to inform you that as the said product is considered a medicated preparation according to the certification of the Food and Drug Administration dated December 19, 1967, the same is subject to 7% sales tax under Section 186 of the National Internal Revenue Code. LLjur Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue
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