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Caltex (Philippines), Inc vs. CA and Commissioner of Customs

CALTEX (PHILIPPINES), INC., petitioner, vs. COURT OF APPEALS and COMMISSIONER OF CUSTOMS, respondents.

G.R. No. 104781 | 1998-07-10

D E C I S I O N

ROMERO, J:

Caltex, a corporation engaged in the oil industry, imported on various dates in 1982 light/medium mix special oil and heavy crude oil for which it was assessed the following ad valorem duties by the Collector of Customs:

1. P97,697.143 - for the importation which arrived on April 10, 1982

2. P119,572.319 - for the importation which arrived on June 7, 1982

3. P60,769.00 - for the importation which arrived on July 19, 1982

The basis of the assessments was a memorandum dated January 26, 1971, issued by then Acting Commissioner of Customs which provided that the duties and taxes in the importation of crude oil...