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8box Solutions Inc.

4_20230710_150500_0001

Contact Number: 09369340340
Email: sales@8box.solutions

REVENUE MEMORANDUM CIRCULAR NO. 1-2021 issued on January 5, 2021 circularizes the Consolidated Price of Sugar at Millsite for the month of November 2020 contained in Operations Memorandum (OM) Nos. 79-2020, 80-2020, 81-2020, 88-2020 and 90-2020.

    While the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration reflects the comparative prices of sugar between the previous year and current year, the consolidated schedule on the said weekly OMs contains only that of the current year for purposes of imposing the one percent (1%) Expanded Withholding Tax on sugar prescribed under the provisions of Revenue Regulations (RR) No. 2-98, as amended by RR No. 11-2014.