Taxability of a Manufacturer of Gulaman

April 18, 1966 BIR RULING NO. 018-66 Mr. Narciso Maturgo 819 Ylaya Street M a n i l a S i r : In reply to your letter of September 24, 1965, I have the honor to inform you that a manufacturer of gulaman is subject to the fixed tax of P20.00 per annum and to the 7% sales tax prescribed in Sections 182(A) (1) and 186 of the Tax Code. The cost of the raw material (sea weeds) used is deductible from the gross selling price of the gulaman provided that such cost is duly established by evidence such as the sales invoices of the producers thereof. LLjur Very truly yours, (SGD.) MISAEL P. VERA Commissioner of Internal Revenue This is to certify that the above ruling was duly signed by the Commissioner of Internal Revenue on April 18, 1966 . PRISCILLA R. GONZALES Asst. Rev. Operations Head (Legal)