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Intel Technology Phil Inc vs. Commissioner of Internal Revenue

INTEL TECHNOLOGY PHILIPPINES, INC., Petitioner, versus COMMISSIONER OF INTERNAL REVENUE, Respondent.

G.R. No. 166732 | 2007-04-27

D E C I S I O N 
 
 
CALLEJO, SR., J.: 
 
Before the Court is a Petition for Review on Certiorari filed by Intel Technology Philippines, Inc. (petitioner) seeking to reverse and set aside the Decision[1] dated August 12, 2004 of the Court of Appeals (CA) in CA-G.R. SP No. 79327. The assailed decision affirmed that of the Court of Tax Appeals denying petitioner's claim for a refund or issuance of a tax credit certificate in the amount of P11,770,181.70, allegedly representing the value-added input taxes it had paid on domestic purchases of goods and services for the period of April 1, 1998 to June 30, 1998. Likewise...