Title
Casco Philippine Chemical Co., Inc. vs. Gimenez
Case
G.R. No. L-17931
Decision Date
Feb 28, 1963
Petitioner sought refund of foreign exchange margin fees for importing urea and formaldehyde separately, claiming exemption under RA 2609. Supreme Court denied, ruling exemption applies only to "urea formaldehyde" as a finished product, not separate raw materials.
Very Short 5 min

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