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CTA refunds P19.8-M tax overpayment to Cebu firm

MANILA - The Court of Tax Appeals (CTA) has granted a claim filed by the Cebu City-based Philippine Mining Service Corp. (PMSC) for a refund of PHP19.8 million in taxes it overpaid in 2016. In its decision dated Oct. 29, the tax court granted the petition filed by PMSC for a refund or a tax credit certificate for PHP19,802,406 representing PMSC's unapplied excess input value-added tax (VAT) from zero-rated sales from July to December 2016. First formed in 1980, the firm provides financial an...
Sc Supreme Court Cebu Philippine Mining Service Corp Dolomite Mining Corp Philippine Economic Zone Authority Tax Appeals Cebu City Based Philippine Mining Service

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Ban on dolomite export remains, says governor

SunStar Gov. Gwendolyn Garcia. (File photo) + April 19, 2021 THE Cebu Provincial Government has confirmed that the fresh cover of dolomite sand that was recently poured at the Manila Bay โ€œwhite sand beachโ€ came from the southern town of Alcoy. Gov. Gwendolyn Garcia said Department of Environment and Natural Resources (DENR) Secretary Roy Cimatu had asked her to approve the shipment of additional dolomite sand to finish the Manila Bay rehabilitation project. Thatโ€™s why she all...
Manila Bay Philippines General Rodel Bontuyan Roy Cimatu Gwendolyn Garcia Philippine Mining Service Corp

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