BIR Ruling

December 27, 1973 Messrs. Luis R. Concepcion & Associates 2nd Floor Medina Bldg. Cor. Dart and San Andres Sts. Manila Attention: Atty . R . Concepcion Gentlemen : This refers to your letter dated December 17, 1973 requesting that the products of your client Columbia Laboratories of 309 Jose Rizal St., Mandaluyong, Rizal, namely: Yardley Soft Tique (Medicated), Yardley Vegetable Tique Stick (Medicated) and Yardley Lavander Solidified Brillantine (Medicated), be subjected to the 7% sales tax under Section 186 of the National Internal Revenue Code as medicated preparations. In reply, I have the honor to inform you that it appearing in the report of Analysis made by the Food and Drug Administration as contained in its certification dated December 17, 1973 that because of the presence of IRGASAN DP 300, a bactericide (bacteria killing) and fungicide (fungus killing), and also by the certification of a well-known dermatologist, Dra. Socorro Aunario Simuangco that the aforesaid products are medicated, it is the opinion of this Office that the aforesaid products of your client are subject to the 7% sales tax under Section 186 of the Tax Code. aisadc Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue TAN-1601-593-5 "TAXPAYERS SHOULD INDICATE THEIR TAN IN ALL COMMUNICATIONS TO THE BIR."