Compensation Tax Due on Imported Gevalith 081 Films

March 28, 1966 BIR RULING NO. 012-66 MDB Printing 7379 Bakawan St. Makati, Rizal Attention : Mr . Manuel D . Benipayo Gentlemen : This refers to your letter dated March 8, 1966 requesting information as to the rate of compensating tax due on your importation of Gevalith 081 films. As represented by you, the imported article is used as a principal material in the intricate offset printing process; that is not a photographic film and that it can be used for any other purpose except in the offset printing process. In reply, I have the honor to inform you that after a careful study of the provisions of Section 185(j), this Office arrived at the opinion, as it hereby holds, that graphic art films, such as the Gevalith 081 you have imported are not the photographic films contemplated by said section of the Tax Code and, therefore, are subject to only 7% compensating tax prescribed in Section 190, in relation to Section 186, both of the said Code. All rulings heretofore issued which are inconsistent herewith are hereby superseded. Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue