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(NAR) VOL. 24 NO. 4 / OCTOBER - DECEMBER 2013
[ BIR REVENUE REGULATIONS NO. 13-2013, September 20, 2013 ]
AMENDING SECTION 2 (B) OF REVENUE REGULATIONS NO. 13-08, RELATIVE TO THE DEFINITION OF RAW SUGAR FOR VALUE ADDED TAX PURPOSES
SECTION 2. Amendment. – Section 2 (b) of RR 13-08, is hereby amended to read as follows:
“(b) Raw Sugar - refers to sugar produced by simple process of conversion of sugar cane without a need of any of mechanical or similar device such as muscovado. For this purpose, raw sugar refers only to muscovado sugar. Centrifugal process of producing sugar is not in itself a simple process.
Therefore, any type of sugar produced therefrom is not exempt from VAT.”
SECTION 3. Repealing Clause. – Any rules and regulations or parts thereof inconsistent with the provisions of these Regulations are hereby repealed, amended, or modified accordingly.
SECTION 4. Effectivity. – The provisions of these Regulations shall take effect after fifteen (15) days following publication in any newspaper of general circulation.
(SGD.) CESAR V. PURISIMA
Secretary of Finance
Recommending Approval:
(SGD.) KIM S. JACINTO-HENARES
Commissioner of Internal Revenue