Amendments to Section 9 (b) (2) of Revenue Regulations No. 5-87

1989 REVENUE REGULATIONS NO. 05-89 SUBJECT : Amendments to Section 9 (b) (2) of Revenue Regulations No. 5-87 SECTION 1 . Scope . Pursuant to the provisions of Section 245, in relation to Section 4, both of the National Internal Revenue Code as amended, these Regulations are hereby promulgated amending Section 9(b) (2) of Revenue Regulations No. 5-87. Section 2. Section 9(b) (2) of the Revenue Regulations 5-87 is hereby amended to read as follows. cd "Sec. 9(b) (2). Sale or importation of agricultural and marine food product is exempt in all stages of production or distribution if sold in their original state. Livestock and poultry refer to live animals of a kind generally used as, or yielding or producing food for human consumption. Livestock shall include cows, bulls and calves, pigs, sheep, goats and rabbits. Poultry shall include fowls, ducks, geese, and turkey. (It does not include fighting cocks, race horses, zoo animals generally considered as pets.) Marine food products shall include fish and crustaceans, such as eels, trout, lobsters, shrimps, prawns, oysters, mussels and clams . Meat, fruit, fish, vegetables and other agricultural and marine food products shall be considered in their original state even if they have undergone simple processes of preparation or preservation for the market, such as freezing, drying, salting, smoking or stripping . Polished and/or husked rice, corn grits and raw cane sugar shall be considered as agricultural food products in their original state . Raw cane sugar refers to crystalized or solidified juice of sugarcane, DISTINCTLY BROWN IN COLOR RESULTING FROM THE SIMPLE AND PRIMARY MILLING PROCESS SUCH AS TREATING THE JUICE WITH LIME TO REMOVE IMPURITIES, BOILING AND SPINNING THE SYRUP TO FORCE OUT THE MOLASSES. IT DOES NOT INCLUDE CANE SUGAR COMMONLY KNOWN AS "WASHED SUGAR", "PLANTATION WHITE SUGAR" AND "BLANCO DIRECTO" SUGAR, WHICH ARE, FOR PURPOSES OF THIS EXEMPTION, CONSIDERED AS REFINED SUGAR, MOLASSES AND BAGASSE ARE NOT ALSO COVERED BY THE EXEMPTION." SECTION 2 . These Regulation shall take effect immediately upon its approval. (Sgd.) VICENTE R. JAYME Secretary of Finance Recommending Approval: (Sgd.) JOSE U. ONG Commissioner of Internal Revenue