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Kepco Philippines Corporation vs. Commissioner of Internal Revenue

KEPCO Philippines Corporation, Petitioner, versus. Commissioner of Internal Revenue, Respondent.

G.R. No. 181858 | 2010-11-24

D E C I S I O N
 
MENDOZA, J.:
 
This is a petition for review on certiorari[1] under Rule 45 of the Rules of Court seeking reversal of the February 20, 2008 Decision[2] of the Court of Tax Appeals En Banc (CTA)  in C.T.A. EB No. 299, which ruled that "in order for petitioner to be entitled to its claim for refund/issuance of tax credit certificate representing unutilized input VAT attributable to its zero-rated sales for taxable year 2002, it must comply with the substantiation requirements under the appropriate Revenue Regulations."
 
Petitioner KEPCO Philippines Corporation (Kepco) is a VAT-registered independent power...