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REPUBLIC OF THE PHILIPPINES COURT O T X PPE LS QUEZON CITY LAZI BAY RESOURCES DEVEL O PMENT INC. Petitioner  versus C O MMISSI O NER OF INTERNAL REVENUE Respondent. C.T.A. CASE NO . 6260 Promulgated : J U L 8 ~ _ ( I ~ ~ X ---------------------------------------------------- - ------X D EC I S IO N The petition seeks for an issuance o f tax credit certificate n the amount of P5  979  578 . 00 allegedly representing unutilized input value-added tax for the taxable year 1999 . Petitioner s a domestic corporation existing under and by virtue of Philippine laws with principal office located at Rm . 107  FCC Building  119 Rada Street  Makati City . 1 I t s engaged n the mining business which includes exploration  development and operation of mining properties for purposes o f commercial production of limestone for the subsequent export sale of the same . 1 Joint Stipulation of Facts  par. l 2 id  par. 4

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