This case has been cited 4 times or more.
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2014-02-19 |
VILLARAMA, JR., J. |
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| Courts are bound by prior decisions. Thus, once a case has been decided one way, courts have no choice but to resolve subsequent cases involving the same issue in the same manner.[35] | |||||
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2012-08-29 |
MENDOZA, J. |
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| The pronouncement in Panasonic has since been repeatedly cited in subsequent cases, reiterating the rule that the failure of a taxpayer to print the word "zero-rated" on its invoices or receipts is fatal to its claim for tax refund or tax credit of input VAT on zero-rated sales.[23] | |||||
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2011-01-31 |
MENDOZA, J. |
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| Indeed, in a string of recent decisions on this matter, to wit: Panasonic Communications Imaging Corporation of the Philippines v. Commissioner of Internal Revenue,[19] J.R.A. Philippines, Inc. v. Commissioner of Internal Revenue,[20] Hitachi Global Storage Technologies Philippines Corp. (formerly Hitachi Computer Products (Asia) Corporations) v. Commissioner of Internal Revenue,[21] and Kepco Philippines Corporation v. Commissioner of Internal Revenue,[22] this Court has consistently held that failure to print the word "zero-rated" on the invoices or receipts is fatal to a claim for refund or credit of input VAT on zero-rated sales. | |||||
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2010-11-24 |
MENDOZA, J. |
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| The issue of whether the word "zero-rated" should be imprinted on invoices and/or official receipts as part of the invoicing requirement has been settled in the case of Panasonic Communications Imaging Corporation of the Philippines vs. Commissioner of Internal Revenue[30] and restated in the later case of J.R.A. Philippines, Inc. v. Commissioner.[31] In the first case, Panasonic Communications Imaging Corporation (Panasonic), a VAT-registered entity, was engaged in the production and exportation of plain paper copiers and their parts and accessories. From April 1998 to March 31, 1999, Panasonic generated export sales amounting to US$12,819,475.15 and US$11,859,489.78 totaling US$24,678,964.93. Thus, it paid input VAT of P9,368,482.40 that it attributed to its zero-rated sales. It filed applications for refund or tax credit on what it had paid. The CTA denied its application. Panasonic's export sales were subject to 0% VAT under Section 106(A)(2)(a)(1) of the 1997 NIRC but it did not qualify for zero-rating because the word "zero-rated" was not printed on Panasonic's export | |||||