Taxes on Chemicals (hair waving solution)
BIR Ruling No. 408-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 29, 1958
Full text
July 29, 1958 BIR RULING NO. 408-58 Mr. Ciriaco B. Mendoza Yakal St., Makati, Rizal S i r : With reference to your letter dated April 28, 1958, I have the honor to inform you that chemicals such as thiovanic acid, ammonium hydroxide, sodium bromate powder, etc. and such articles as arabic glue, tissue end papers and holders as well as containers, such as bottles and cardboard boxes, are subject only to 7% sales tax. The cost of all these articles cannot be deducted from the gross selling price of the hair waving solution manufactured by you because only the cost of raw materials previously subjected to the same rate of tax as the manufactured article is deductible. For the same reason, the cost of articles previously subjected to the printers tax, such as labels and instruction folders, is not deductible. prll Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.