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Takenaka Corp. vs. CIR

TAKENAKA CORPORATION-PHILIPPINE BRANCH, Petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, Respondent. Present: LEONARDO-DE CASTRO, Acting Chairperson, BERSAMIN, PERLAS-BERNABE, JARDELEZA,* and CAGUIOA, JJ.

G.R. No. 193321 | 2016-10-19

Republic of the Philippines
Supreme Court
Manila
 
 
FIRST DIVISION
 
DECISION
 
BERSAMIN, J.:
 
The petitioner as taxpayer appeals before the Court the adverse decision entered on March 29, 20101 and the resolution issued on August 12, 20102 in C.T.A. EB No. 514, whereby the Court of Tax Appeals (CTA) En Banc respectively denied its claim for refund of excess input value-added tax (VAT) arising from its zero-rated sales of services for taxable year 2002, and denied its ensuing motion for reconsideration.
 
The factual and procedural antecedents, as narrated by the CTA En Banc, are quoted below:
 
Respondent...