BIR Ruling No. 060-63

August 21, 1963 BIR RULING NO. 060-63 Sycip, Gorres, Velayo & Co. Certified Public Accountants 490 San Luis, Manila Attention : Mr . V . O . Partner Gentlemen : In reply to your letter dated July 30, 1963, I have the honor to inform you that under Republic Act No. 3704 which took effect on June 20, 1963, operators or owners of cassava flour mills are considered millers subject to the two per centum (2%) tax under Section 189 of the Tax Code, as amended. It is understood, however, that transactions covering sales of manufactured cassava flour from June 1 to June 21 are subject to the seven per centum (7%) manufacturer's tax prescribed by Section 186 of the same Code and said tax is payable not later than July 22, 1963. In view of the foregoing, it is informed that your client, a domestic corporation operating a cassava mill which manufactures cassava flour or starch by using cassava tubers or the chips harvested from other cassava planters is subject to the 2% tax provided under Section 189 of the Tax Code. LLjur Very truly yours, (SGD.) JOSE B. LINGAD Acting Commissioner of Internal Revenue