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Commissioner of Internal Revenue vs. Aichi Forging Company of Asia, Inc.

COMMISSIONER OF INTERNAL REVENUE, PETITIONER, VS. AICHI FORGING COMPANY OF ASIA, INC., RESPONDENT.

G.R. No. 183421 | 2014-10-22

FIRST DIVISION
 
D E C I S I O N

SERENO, C.J.:

This is a Petition for Review on Certiorari1 under Rule 45 of the 1997 Rules of Civil Procedure filed by the Commissioner of Internal Revenue, (petitioner). The Petition assails the Decision2 dated 30 April 2008 and Resolution3 dated 12 June 2008 issued by the Court of Tax Appeals En Banc (CTA En Banc) in C.T.A. EB No. 324.

THE FACTS
 
Aichi Forging Company of Asia, Inc. (respondent) is engaged in the business of manufacturing, producing, and processing all kinds of steel and steel by-products, such as closed impression die steel forging, and all automotive steel parts.
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