VAT Ruling No. 029-90

February 14, 1990 VAT RULING NO. 029-90 102-000-00-029-90 Mrs. Aida V. Lenon Trans Marketing Services 1610-A Singalong Street Paco, Metro Manila M a d a m : With reference to your letter dated September 4, 1989, you stated that you render to Colgate-Palmolive (Phil.), Inc. the following services: 1. Delivery of Colgate-Palmolive products. 2. Truck-in of stocks from Makati Warehouse to Satellite Warehouses. 3. Processing of delivery reports. 4. Collection and deposit for the account of COLGATE and preparation of remittance report thru CONWARE, INC. 5 Preparation of status reports for all pending deliveries. llcd 6. Coordinates with customers and sales regarding delivery, collection and inventory problems. 7. Perform warehousing services on the following: a) All rejected deliveries awaiting clearance to redeliver or return. b) All orders of customers with no bodega space. c) All orders that have fixed delivery dates. 8. Maintain and update record file of all deliveries per customer. Based on the nature of the foregoing services, you are essentially a forwarder subject to the value-added tax provided under Section 102 of Executive Order No. 273 and the compliance requirements under Revenue Regulations No. 5-87. Please be guided accordingly. cdll Very truly yours, JOSE U. ONG Commissioner of Internal Revenue