Be it enacted  by the Senate and House of Representatives of the Philippines in Legislature assembled and by the authority of the same:

SECTION 1.  Paragraph (b) of section fourteen hundred and sixty of Act Numbered  Twenty-seven hundred and eleven, commonly known as Administrative Code, is hereby amended, the said section to read as follows:

"SEC. 1460. Sales not subject to merchant's tax.鈥擨n computing the tax above imposed, transactions in the following commodities shall be excluded :

"(a)  Things subject to a specific tax.

"(b)  Agricultural products and the ordinary salt when sold by the producer or owner of the land  where produced, or by any other person other than a merchant or commission merchant, whether in their original  state or not."

SEC. 2. This Act shall take  effect  on  its approval.

Approved, December 2, 1926.