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What is Cebu Portland Tax Refund Case Analysis about?

- Cebu Portland Cement Co. claimed refund of sales and ad valorem taxes paid on its cement product, APO Portland cement. It argued it was exempt from percentage/sales tax under an amended law, RA 1299. - The Court dismissed the petition, finding that: 1) Cement was not exempt from sales tax prior to RA 1299; 2) Costs of raw materials like gypsum and bags were deductible from the gross selling price for tax purposes; and 3) As the manufacturer, Cebu Portland was the proper party to claim a tax refund, not

Author

Keila Garcia

Language

EN