Sales Tax Applicable to the So-Called "YUKI-NO-HANA Medicated Cream"
BIR Ruling No. 287-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 24, 1960
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June 24, 1960 BIR RULING NO. 287-60 The Philippine Cellulose Corporation P. O. Box 2440, Manila Gentlemen : This is in answer to your letter inquiring about the sales tax applicable to the so-called "YUKI-NO-HANA Medicated Cream" which you manufacture. This Office believes that the above-mentioned "cream" is a toilet preparation within the meaning of section 184(c) of the Tax Code. Hence, said "cream" is subject to the 50% sales tax based on the gross selling price less the deductible cost of raw materials used in the manufacture. cdt Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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