BIR Ruling No. 084-64

December 29, 1964 BIR RULING NO. 084-64 The East Coast Corn Mill Bonifacio Street Mati, Davao Attention : Mr . C . J . Tutor Assistant Manager Gentlemen : In reply to your letter dated November 19, 1963, I have the honor to inform you that operators or owners of rice and/or corn mills are no longer required to keep and use the books and records prescribed to keep and use the books and records prescribed by Regulations No. 7, the Rice and Corn Mills Regulations, because under the amendment effected by Republic Act No. 3704, rice and/or corn mills are no longer subject No. 3704, rice and /or corn mills are no longer subject to the 2% tax prescribed by Section 189 of the Tax Code. In lieu of the books and records prescribed by the Regulations No. 7, they are now required to keep and use the books and records prescribed by Regulations No. 1, the Bookkeeping Regulations, as amended. Very truly yours, (SGD.) BENJAMIN N. TABIOS Acting Commissioner of Internal Revenue