Title
Commissioner of Internal Revenue vs. Fortune Tobacco Corp.
Case
G.R. No. 167274-75
Decision Date
Jul 21, 2008
Fortune Tobacco sought a refund for overpaid excise taxes after a 12% rate increase under RA 8240. The Supreme Court ruled Revenue Regulation No. 17-99 invalid, affirming refund entitlement based on net retail price.
Very Long 31 min

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