CTA Case No. 2366 (Resolution)

REPURT.IC OF THE PHILJPPI~ES ('()f:;RT OF TAX APPEALS QUEZON CI1;V l~iACOhTDRAY & CO .. , HJC ., (As C. T . l . CASE NO .. 2366 agents of LlS uTC?.EADORu ) , Petitioner, - versus - COMt.aSSIONER OF CUSTOI.lS , Hesp ollllde nt . X- - - - - - - - - - - - - X RES 0 L U T I 0 N Pe~itioner has appea l ed f rom the decision of res- pondent Commissioner of :-::u s ~.: oms dated October 26 , 1971 , affirming that ~f the Sollector _of Customs in Adminis - trative Case ~o . 317/68 (Cust oos Case No . 71 - 37) im- posing an administrative fine of ';;.7 , COC .. OO on the vesse l r.;;s 11 Toreador 11 for carrying unman i fested cargo in violation of Section 1005 , in relation to Section 2521 , of the Tariff and �:ustoms .:ode o After respondent had filed his answer to the peti- tion for review but before the case could be tried on the mer i ts , the parties represen~ed by their resprctive counsel , submitted to this Court a "Compromise 1gree- men~" on March 8 , 1974 , wherein petitioner offered to pay one ha l f ( ~ ) of the fi'"le imposed , or i'3 , 5CO . OO , in full and complete settle~ent of the case , which was accepted by resp ondent . Finding the imposition of the fine in this c ase as fi,ally decided by respo'1dent . in accordance with l aw (Sec . 2521, Tariff and Sustoms Code) , the same is hereby A-;l\~uVED . Accordingly , up on payment of ~che

RESOLI.JfiON - CoT . A. , CASE NO . 2366 -2- s aid sum of 3 , 500. 00 , the case shall be considered closed and terminated . SO a DEHED o Quezon Ci~y , A ril 30, 1974 . t. ,_j ~ . ~r-~ v HJ\i/,C! T L � !' JSEi~ Associate Judge Associate Judge EST, NISL 0 n.� ALVAi-,Ez did not take part .