SC denies Oceanagold’s plea for BIR to refund P204-M ‘erroneously paid

SC denies Oceanagold’s plea for BIR to refund P204-M ‘erroneously paid

The Supreme Court (SC) has affirmed the Court of Tax Appeals’ (CTA) 2022 decision that denied the P136.4 million refund sought by Oceanagold (Philippines), Inc. from the Bureau of Internal Revenue (BIR) for alleged erroneously paid excise taxes from June to December 2014.Also affirmed by the SC was its own 2022 resolution that denied Oceanagold’s claim for P68.5 million refund or issuance of tax credit certificate from the BIR for the alleged er…