BIR Ruling No. 155-61
BIR Ruling No. 155-61 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 11, 1961
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May 11, 1961 BIR RULING NO. 155-61 Messrs. Garcia, Perlada, Salangsang & Associates 1589 Mayhaligue St., Manila Gentlemen : Reference is made to your letter dated May 11, 1961 requesting information as to whether or not the raw sugar delivered by your client, the PASUDECO Planter's Cooperative Marketing Association, Inc., to a refinery for refining as exempt from the 2% miller's tax under the provisions of Section 48 of Act No. 3425, as amended. cdti In reply thereto, I have the honor to inform you that the share of a cooperative marketing association in either the raw or refined sugar milled out of the produce of its members is exempt from the 2% tax. (BIR Ruling No. 261, s. of 1960). Where an association delivers raw sugar to a refinery for refining for a fee, the refined sugar which belongs totally to the association is likewise exempt from tax. cdll Very truly yours, (SGD.) MISAEL P. VERA Deputy Commissioner of Internal Revenue
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