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8box Solutions Inc.

4_20230710_150500_0001

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

REVENUE MEMORANDUM CIRCULAR NO. 78-2019 issued on August 7, 2019 circularizes the Consolidated Price of Sugar at Millsite for the month of June 2019 contained in Operations Memorandum (OM) Nos. 2019-06-04, 2019-07-02, 3-2019, 4-2019 and 7-2019.

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 No. 2-98, as amended by RR No. 11-2014.