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JurisprudenceG.R. No. 151135 -

G.R. No. 151135 - CONTEX CORPORATION, VS. HON. COMMISSIONER OF INTERNAL REVENUE.

Cited Laws

RA 7227,RA 7716RA 7227
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TL;DR — Ruling

WHEREFORE, in view of the foregoing, the Petition for Review is hereby PARTIALLY GRANTED. Respondent is hereby ORDERED to REFUND or in the alternative to ISSUE A TAX CREDIT CERTIFICATE in favor of Petitioner the sum of P 683,061.90, representing erroneously paid input VAT. SO ORDERED.

Decision

Ruling

WHEREFORE, in view of the foregoing, the Petition for Review is hereby PARTIALLY GRANTED. Respondent is hereby ORDERED to REFUND or in the alternative to ISSUE A TAX CREDIT CERTIFICATE in favor of Petitioner the sum of P 683,061.90, representing erroneously paid input VAT. SO ORDERED.