Non-taxability of Minerals and Mineral Products Sold, Bartered, or Exchanged by the Lessee, Concessionaire, or Owner
BIR Ruling No. 257-58 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • May 7, 1958
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May 7, 1958 BIR RULING NO. 257-58 The Director of Mines Manila S i r : In reply to your letter dated April 25, 1958, I have the honor to inform you that minerals and mineral products, such as nickel bars, mild steel ingot and billets, cobalt, etc., when sold, bartered, or exchanged by the lessee, concessionaire, or owner of the mineral land from which removed, are not subject to the sales tax, pursuant to subparagraph (c) of the first paragraph of Section 188 of the Tax Code. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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