Taxability of an Imported Essential Oils
BIR Ruling No. 365-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 22, 1958
Full text
July 22, 1958 BIR RULING NO. 365-58 Universal Manufacturing Co. 922 Jaboneros, Manila Gentlemen : In reply to your letter dated July 21, 1958, I have the honor to inform you that imported essential oils to be used by the importer in the manufacture of articles subject to 7% sales tax, such as soap, are subject only to 7% advance sales tax. Accordingly, your shipment of five (5) drums and seven (7) fibers of essential oils which you will use in your manufacture of soap may be released from customs custody upon the payment of only 7% advance sales tax. This will serve as authority to the Commissioner of Customs in effecting the release of your shipment by the payment of only 7% advance sales tax. Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue
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