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Commissioner of Internal Revenue vs. Court of Appeals, et al. 267 SCRA 557

COMMISSIONER OF INTERNAL REVENUE, petitioner vs. COURT OF APPEALS, COURT OF TAX APPEALS and ALHAMBRA INDUSTRIES, INC., respondents.

G.R. No. 117982 | 1997-02-06

D E C I S I O N


BELLOSILLO, J.:

ALHAMBRA INDUSTRIES, INC., is a domestic corporation engaged in the manufacture and sale of cigar and cigarette products. On 7 May 1991 private respondent received a letter dated 26 April 1991 from the Commissioner of Internal Revenue assessing it deficiency Ad Valorem Tax (AVT) in the total amount of Four Hundred Eighty-Eight Thousand Three Hundred Ninety-Six Pesos and Sixty-Two Centavos (P488,396.62), inclusive of increments, on the removals of cigarette products from their place of production during the period 2 November 1990 to 22 January 1991. 1 Petitioner computes the deficiency thus

Total AVT due per...