Cited Laws
TL;DR — Ruling
WHEREFORE, the Petition for Review is DENIED. The assailed Decisions of the Court of Appeals dated 4 August 2000 and of the Court of Tax Appeals dated 5 October 1995 are AFFIRMED, with modification that in lieu of the issuance of a Tax Credit Certificate, the amount of Twenty Million One Hundred Forty Nine Thousand Four Hundred Seventy Three Pesos and Seventy Seven Centavos ( P 20,149,473.77) be refunded to respondent Philippine Phosphate Fertilizer Corporation. No costs.
WHEREFORE, the Petition for Review is DENIED. The assailed Decisions of the Court of Appeals dated 4 August 2000 and of the Court of Tax Appeals dated 5 October 1995 are AFFIRMED, with modification that in lieu of the issuance of a Tax Credit Certificate, the amount of Twenty Million One Hundred Forty Nine Thousand Four Hundred Seventy Three Pesos and Seventy Seven Centavos ( P 20,149,473.77) be refunded to respondent Philippine Phosphate Fertilizer Corporation. No costs. SO ORDERED.
G.R. No. 139050 - REPUBLIC OF THE PHILIPPINES, REPRESENTED BY THE COMMISSIONER OF CUSTOMS, VS. THE COURT OF TAX APPEALS AND AGFHA,INCORPORATED.
G.R. No. 139050 -
CaseG.R. NO. 141973 - PHILIPPINE PHOSPHATE FERTILIZER CORPORATION, VS. COMMISSIONER OF INTERNAL REVENUE.D E C I S I O N - Supreme Court E-Library
G.R. NO. 141973 -
CaseG.R. No. 151413 - CAGAYAN VALLEY DRUG CORPORATION, vs. COMMISSIONER OF INTERNAL REVENUE.D E C I S I O N - Supreme Court E-Library
G.R. No. 151413 -