CTA Case No. 2398 (Resolution)

DELGADO SHIPF-ING AGEiJ::aES , C. T. A. CASE NO . 2398 Ir-JC o , Petitioner , - versus - COu1ivliSS IONEH OF CUSTOMS , Respondent o X- - - - - - - - - - - - - X RES 0 LUT I 0 N Petitioner has appealed from the decision of res - pondent Commissioner of Cus"':oms dated JViarch 7 , 1972 in administrative case No . V- 557/70 (Customs Case No . 71 - 31) imposing an administrative fine of 1"5 , 770 . 00 against the ve s sel SS ~Nanko Maru" for alleged viola- t i on of Sec~ion 2523 of the Tariff and Customs Code . -'~l).fter respondent had filed his answer to the pe - tition for review but before the case could be tried on the merits , the parties , rep_resented by their res - pective counsel , submit~ed to this Court a ncompromise AgreemE"nt 11 on October 3 , 1974 wherein petitioner of - fered to pay 5~~ of the fine , or r2 , 885 . 00 , in full smd c omplete set�:lement of the case , which was ac- cepted by respondent . Finding the imposition of the fine in thi s case , as finally decided by respondent , in ac c ordance with law (Section 2523 , Tariff and Customs Code) , the same is hereby affirmed . Accordingly , upon payment of the

KESOLuTION - C. T. A6 CASE NO . 2398 -2- said sum of f"2. , b85 . 00 , the case shall be considered closed and terminated . SO 01 D h.ED . ~uezon City , November 27 , 1974 . ~~ residing Judge JE co:~ ::;uH. : ~~. 1\VME~ Associate Judge ~~~~ � RAJ,tON L. AVANCcJ. A Associa�:e Judge