ENERGY DEVELOPMENT CORPORATION v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY First Division ENERGY DEVELOPMENT CTA Case No. 10480 CORPORATION, Petitioner, Members: -versus- DEL ROSARIO , P.J.) Chairperson) and MANAHAN, JJ. COMMISSIONER OF INTERNAL Promulgated: REVENUE, Respondent. ){ - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - RESOLUTIO On May 11, 2021, petitioner filed via email a Motion to Withdraw Petition for Review relative to its judicial claim for refund of the alleged excess and unutilized input Value-Added Ta){ for the 2nd quarter of calendar year 2018 amounting to Php100,446,347.65 which was filed on March 8, 2021. Petitioner avers that upon further evaluation of the instant case, it has decided not to pursue it and instead moves for the withdrawal of the case pursuant to Section 3, Rule 1 of the Revised Rules of the Court of Ta){ Appeals, and Section 3 , Rule 50 of the Rules of Court, as amended. WHEREFORE, premises considered, petitioner's Motion to Withdraw Petition for Review is hereby GRANTED. Accordingly, the instant case is hereby CLOSED and TERMINATED. ' SO ORDERED. ROMAN G. DEL ROSARIO Presiding Justice ~~'7�_,~ CATHERINE T. MANAHAN Associate Justice