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Hydro Resources Contractors Corporation Vs. Court Of Tax Appeals, Et Al.

HYDRO RESOURCES CONTRACTORS CORPORATION, petitioner, vs. THE COURT OF TAX APPEALS and THE HON. DEPUTY MINISTER OF FINANCE, ALFREDO PIO DE RODA, respondents.

G.R. No. 80276 | 1990-12-21

D E C I S I O N


PARAS, J.:

This is a special civil action of certiorari instituted by petitioner Hydro Resources Contractors Corporation against respondents Court of Tax Appeals and Deputy Minister of Finance which seeks to set aside the decisions of both public respondents holding petitioner liable for a 3% ad valorem duty in the amount of P281,591.00.

It appears that the National Irrigation Administration (referred to hereinafter as NIA for brevity) a government owned and controlled corporation, entered into an agreement, sometime in August 1978, with petitioner Hydro Resources Contractors Corporation (Hydro for short), for the...