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Commissioner of Customs Vs. Oilink International Corporation

COMMISSIONER OF CUSTOMS, Petitioner, vs. OILINK INTERNATIONAL CORPORATION, Respondent.

G.R. No. 161759 | 2014-07-02

FIRST DIVISION
 
DECISION

BERSAMIN, J.:
 
This appeal is brought by the Commissioner of Customs to seek the review and reversal of the decision promulgated on September 29, 2003,1 whereby the Court of Appeals (CA) affirmed the adverse ruling of the Court of Tax Appeals (CTA) declaring the assessment for deficiency taxes and duties against Oilink International Corporation (Oilink) null and void.
 
Antecedents

The antecedents are summarized in the assailed decision.2

On September 15, 1966, Union Refinery Corporation (URC) was established under the Corporation Code of the Philippines. In the course of its...