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Philippine Bank vs. Commissioner

PHILIPPINE BANK COMMUNICATIONS, Petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, Respondent. Present: SERENO, CJ, Chairperson, LEONARDO-DE CASTRO, BERSAMIN, PERLAS-BERNABE, and CAGUIOA, JJ

G.R. No. 194065 | 2016-06-20

DECISION
 
SERENO, CJ:
 
This is a Petition for Review1 filed by the Philippine Bank of Communications (petitioner) under Rule 45 of the 1997 Rules of Civil Procedure assailing the Court of Tax Appeals en banC (CTA en banc) Decision2 dated 13 May 2010 and Resolution3 dated 14 October 2010 in C.T.A. EB Nos. 555 and 556.
 
THE FACTS
 
Pursuant to Revenue Regulations (RR) No. 7-92, the Bureau of Internal Revenue (BIR) issued Certificate No. 08-0434 on 31 July 2001 authorizing petitioner to operate and use the On-line Electronic Documentary Stamp Metering Machine (OS metering machine) with Serial No. SN363 1711.
 
Petitioner...