50% Advance Sales Tax - Lemon Oil Flavor Terpeneless

March 27, 1979 BIR RULING NO. 012-79 50% Advance sales tax lemon oil flavor terpeneless This refers to your letter dated February 16, 1979 requesting for a ruling as to the applicable rate of advance sales tax on your importation of Lemon Oil Flavor Terpeneless which is an essential oil to be used in the manufacture of medicine. In reply, please be advised that essential oil is considered as similar or analogous to the articles enumerated in Section 194(b) of the Tax Code of 1977, as amended by Presidential Decree No. 1358, pursuant to Department Order No. 17-78 dated June 20, 1978. Accordingly, your importation of the abovementioned oil is subject to the 50% advance sales tax based on the landed cost thereof plus 100% mark-up, pursuant to Section 193(b) in relation to Section 194(g), both of the Tax Code of 1977, as amended. cdt