Tax Court Halts BIR and BOC Duty on Imports of Alkylates
The Tax Court of Appeal (CTA) has voided a legal opinion issued by the Internal Revenue Service (BIR) that stated that alkylate, a distillate product, was subject to excise tax under Republic Act (RA) 8424 (National Revenue Code). or NIRK). Consequently, the CTA prohibited BIR and the Bureau of Customs (BOC) from claiming or levying
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