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Act No. 2541 Section 3

Act No. 2541 Section 3

Section 3

SEC. 3. Section forty-one of Act Numbered Twenty-three hundred and thirty-nine is hereby amended to read as follows: "SEC. 41. Sales not subject to merchants' tax.-In computing the tax above imposed, transactions in the following commodities shall be excluded: "(a) Things subject to a specific tax; "(b) Agricultural products when sold by the producer or owner of the land where grown, or by any other person other than a merchant or commission merchant, whether in their original state or not."

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Other provisions in Act No. 2541

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 2541 Section 3 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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