Non-deductibility of Cement
BIR Ruling No. 310-59 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Jun 18, 1959
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June 18, 1959 BIR RULING NO. 310-59 Mr. Magno L. Pacheco Maycauayan, Bulacan S i r : In reply to your letter of May 22, 1959, I have the honor to inform you that cement being a mineral product within the purview of section 246 of the National Internal Revenue Code, as amended, and not subject to the sales tax, pursuant to section 188 (c) of the same Code, the cost thereof is not deductible from the gross selling price of the articles manufactured therefrom. LLphil Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue
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