Sales of a Textile Manufacturer of His Products in Public Markets
BIR Ruling No. 296-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jul 13, 1960
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July 13, 1960 BIR RULING NO. 296-60 Mr. Celerino L. Capuy Minglanilla, Cebu S i r : In reply to your letter dated June 22, 1960, I have the honor to inform you that the sales of a textile manufacturer of his products in public markets are subject to the sales tax. Under the provisions of Sections 182(C)(2) and 188(b) of the Tax Code, as amended by Republic Act No. 2376, only Filipinos in public markets selling at retail all forms or kinds of food products, meat, fruits, vegetables, game, poultry, fish and other raw and/or cooked food products are exempt from the fixed and percentage taxes. aisadc Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue
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