REVENUE MEMORANDUM CIRCULAR NO. 150-2022 issued on November 25, 2022 circularizes the Final Sugar Production Bulletin issued weekly by Sugar Regulatory Administration (SRA) and transmitted to the BIR as basis of computing the one percent (1%) Creditable Withholding Tax on withdrawals of sugar from the millsite pursuant to Revenue Regulations No. 13-2015.
To streamline the process of publication of said bulletins, all concerned stakeholders can
now access and download the weekly SRA-issued bulletins from the BIR website under its “Announcements” section beginning first week of November 2022.