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El Greco Ship Manning and Management Corp. Vs. Commissioner of Customs

EL GRECO SHIP MANNING AND MANAGEMENT CORPORATION, Petitioner,versus COMMISSIONER OF CUSTOMS,Respondent.

G.R. No. 177188 | 2008-12-04

D E C I S I O N


CHICO-NAZARIO, J.:

Before this Court is a Petition for Review on Certiorari under Rule 45 of the Revised Rules of Court, filed by petitioner El Greco Ship Manning and Management Corporation (El Greco), seeking to reverse and set aside the Decision[1] of the Court of Tax Appeals (CTA) En Banc dated 14 March 2007 in C.T.A. EB No. 162. In its assailed Decision, the CTA En Banc affirmed the Decision[2] dated 17 October 2005 of the CTA Second Division in CTA Case No. 6618, ordering the forfeiture of the vessel M/V Criston, also known as M/V Neptune Breeze, for having been involved in the smuggling of 35,000 bags of imported...