Petron to get another tax refund for alkylates
MANILA, Philippines — The Court of Tax Appeals (CTA) has granted the petition of Petron Corp. to reclaim a total of P69.6 million in excise it “erroneously” paid in 2018 for the importation of alkylate, a component used to blend and produce cleaner gasoline. In an Aug. 14 decision, the CTA ruled the payment of
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