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Casco v. Gimenez: Margin Fee Exemption by Sofia David is a document available to read on EtoBox.

What is Casco v. Gimenez: Margin Fee Exemption about?

1) Casco Philippine Chemical Co. sought a refund of margin fees paid on imports of urea and formaldehyde, claiming they were exempt under law. 2) The Court ruled that urea and formaldehyde were not exempt, as the law specified exemption for "urea formaldehyde", a finished product distinct from the separate raw materials. 3) Individual legislative statements cannot override the official enrolled bill, which is conclusive evidence of the law passed. The remedy for any error is amendment, not judicial decre

Author

Sofia David

Language

EN