THE Cebu Provincial Government has ordered the Philippine Mining Service Corp. (PMSC), located in Barangay Pugalo in the town of Alcoy, southern Cebu, to immediately cease all processing, selling and transporting of dolomite and associated quarry resources until further notice.
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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 and technical assistance to the exploration and use of dolomite extracted by the Dolomite Mining Corp. based in Cebu's Alcoy town, including the purchase, refinement, and sale of dolomite ore, limestone ore, and other minerals of whatever nature and their by-products. PMSC's customers include entities registered with the Philippine Economic Zone Authority (PEZA) and located within PEZA ecozones. The court noted that the tax code provides that "export sales" by VAT-registered pers