Manila, July 22 -- The Court of Tax Appeals (CTA) has partially granted the petition of Shell Pilipinas Corp. (SPC) for a refund of about PHP89.3 million in excise taxes "illegally or erroneously collected" from the oil firm in 2020 for the sale of its bunker fuel to a tax-exempt entity.

The company was originally seeking a PHP90.73 million refund, representing the excise taxes it paid to the Bureau of Internal Revenue (BIR) on the 14,884,000 liters of fuel oil that it imported and subsequently sold and delivered to Pioneer Float Glass Manufacturing, Inc. (PFGMI), a Philippine Economic Zone Authority-registered company, from January to June 2020.

In a 25-page decision dated July 17, the CTA's 3rd Division said the excise taxes paid on i...