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Comm. Of Internal Revenue vs. MEGA GENERAL MERCHANDISING CORPORATION 166 SCRA 166

COMMISSIONER OF INTERNAL REVENUE, petitioner, vs. MEGA GENERAL MERCHANDISING CORPORATION and THE COURT OF TAX APPEALS, respondents.

G.R. No. L-69136 | 1988-09-30

D E C I S I O N


PARAS, J.:

This is a petition for review of the decision of the Court of Tax Appeals, promulgated on May 21, 1984, in CTA Case No. 3078 entitled "Mega General Merchandising Corporation vs. Commissioner of Internal Revenue," holding that respondent corporation is not liable for specific tax in the sum of P275,652.00 on its importations of crude paraffin wax on June 21 and August 17, 1977 under Section 142(i) of the Tax Code, as amended by P.D. No. 392, but to 7% advance sales tax, (now Section 197 II) in relation to Section 186 (now Section 200 of the Tax Code) and further ordering the Commissioner of Internal Revenue to...