Back

CBK POWER COMPANY LIMITED, PETITIONER, VS. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. [G.R. NO. 205353] CBK POWER COMPANY LIMITED, PETITIONER, VS. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

CBK POWER COMPANY LIMITED, PETITIONER, VS. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. [G.R. NO. 205353] CBK POWER COMPANY LIMITED, PETITIONER, VS. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

G.R. No. 202066 | 2014-09-30

EN BANC
 
D E C I S I O N

LEONEN, J.:

CBK Power Company Limited filed two petitions for review1 assailing the dismissal of its judicial claim for tax credit of unutilized input taxes on the ground of premature filing.
 
The first petition2 was filed on July 16, 2012, docketed as G.R. No. 202066.  This involves a tax credit claim for P58,802,851.18 covering the period of January 1, 2007 to December 31, 2007.3
 
The other petition4 was filed on March 4, 2013, docketed as G.R. No. 205353.  This involves a tax credit claim for P43,806,549.72 covering the period of January 1, 2006 to December 31, 2006.5
 
CBK...