Locally Manufactured Cement is a Mineral Product
BIR Ruling No. 435-60 • Bureau of Internal Revenue (BIR) Issuances • Rulings (Numbered) • Oct 4, 1960
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October 4, 1960 BIR RULING NO. 435-60 Mr. Celesio H. Co Rm. 213 Alliance Bldg. Rosario St., Manila S i r : In reply to the query contained in your letter dated September 24, 1960, I have the honor to inform you that locally manufactured cement is a mineral product within the purview of section 246 of the National Internal Revenue Code, as amended, and therefore not subject to sales tax pursuant to section 188(c) of said Code. Accordingly, if local cement is used by your client in the manufacture of hollow blocks, the cost thereof is not deductible from the gross selling price of the aforesaid hollow blocks. Very truly yours, MELECIO R. DOMINGO Commissioner of Internal Revenue
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