SENECA TOBACCO PHILIPPINES, INC. v. COMMISSIONER OF INTERNAL REVENUE
REPUBLIC OF TH E PHILIPPINES COURT OF TAX APPEALS QUEZON CITY Third Division SENECA TOBACCO CTA Case No. 9385 PHILIPPINES, INC., Petitioner, -versus- Members : BAUTISTA, Chairperson COMMISSIONER OF PABON-VICTORINO, and INTERNAL REVENUE, RINGPIS-LIBAN,]]. Respondent. Promulgated: I (7�- . }{---------- - - - - - - - - - - - - - - - - - - - - - - - - - - ------ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - } { RESOLUTION For resolution is petitioner's "Manifestation and Motion to Withdraw Petition for Review", stating that upon petitioner's prudent reassessment of the case and judicious reflection of the costs of continuing litigation, the management of petitioner has decided to withdraw its judicial claim for the refund of the amount of P24,300,000.00 corresponding to the 900,000 pieces of internal revenue stamps which were rendered unutilized pursuant to Revenue Regulation (RR) No. 7-2014, as amended by RR No. 8-2014. Respondent Commissioner of Internal Revenue failed � to ftle his Comment on petitioner's motion despite being given an opportunity to do so in accordance with the Court's Resolution dated March 21, 2018. Acting on the foregoing, petitioner's "Manifestation and Motion to Withdraw Petition for Review" is GRANTED. The instant petition is deemed WITHDRAWN and, accordingly, the instant case is DECLARED CLOSED and TERMINATED.
RESOLUTION Seneca Tobacco Philippines, Inc. v. CIR (CTA Case 9385) SO ORDERED. LOVE~R. BAUTISTA Associate Justice (On Leave) ~. ~ k/'-. ESPERANZA R. FABON-VICTORINO MA. BELEN M. RINGPIS-LIBAN Associate Justice Associate Justice '�I
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.