Taxability of Medicated Tique and Medicated Botanical Tique

June 29, 1966 BIR RULING NO. 028-66 The General Manager Guilcon, Manila F. Blumentrit St. Extension Mandaluyong, Rizal S i r : This refers to B. I. R. Ruling No. 64-044, s. of 1964, wherein we held that your products "Mikado" medicated tique and medicated botanical tique are subject to only 7% sales tax. cdt The aforesaid ruling was issued conformably with the certifications of the proper departments of the government that the products in question are medicinal preparations. However, after carefully reexamining the facts, we have arrived at the opinion that the tiques you manufacture are essentially for grooming the hair and not for use as a medical treatment. The mere fact that the "tiques" in question contain medicinal ingredients does not remove their category, for tax purposes, as hair pomade. Such being the case they are subject to the 50% sales tax prescribed by Section 184 (c) of the Tax Code. Accordingly, B. I. R. Ruling No. 64-044 is hereby revoked. However, in order to enable you to effect adjustments in your operations, this ruling shall be applied prospectively, commencing with your sales for the month of August, 1966. aisadc 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 June 29, 1966. PRISCILLA R. GONZALES Asst. Revenue Operations Head (Legal)