Shipment of Printing Ink Used for Classification of Raw Rubber in Process Subject to 10% Compensating Tax

April 12, 1985 BIR RULING NO. 057-85 199-a 000-00 057-85 Gentlemen : This refers to your letter dated December 29, 1984 requesting that your shipment of one (1) carton Printing Ink covered by Bill of Lading No. 601-246182 which will be used by you for the classification of raw rubber in process, be subject only to the payment of 10% compensating tax. In reply, please be informed that in the laboratory analysis conducted by this Office, it was ascertained that the abovementioned ink (Offset Ink Yellow) is a printing ink. Such being the case, and since the said ink will be used only for classification of raw rubber in process, the same is subject to the 10% compensating tax prescribed in Section 199(a) in relation to Section 204, both of the Tax Code, as amended. In case the imported ink is sold, bartered or exchanged, the same will be subject to the advance sales tax. Very truly yours, (SGD.) TOMAS C. TOLEDO Acting Commissioner