BIR Ruling [DA-002-A-00]

January 4, 2000 BIR RULING [DA-002-A-00] Marcel Trading Corporation 926 Araneta Avenue Quezon City Attention: Ms . Esperanza V . Ricarte Accounting Head Gentlemen : This refers to your letter dated August 26, 1999 requesting for a certification that you are a zero-rated VAT taxpayer. It appears that you are registered with the Board, of Investments under Certificate of Registration No. 85-1016 as a preferred non-pioneer enterprise for the manufacture and export of Carrageenan; and that you also appear in the 1999 BOI Masterlist of Registered Companies qualified for VAT-zero rate transactions pursuant to Revenue Regulations No. 2-88 and Revenue Memorandum Circular No. 17-96. In connection therewith, please be informed that as a VAT-registered taxpayer for the production and export of goods, your export transactions are automatically zero-rated and hence, you need not file an application for zero-rating. This will, therefore, serve as authority for the Revenue District Officer of Revenue District No. 30, North Quezon City, to indicate in your Certificate of Registration that you are a VAT zero-rated taxpayer, but only insofar as your export sales are concerned. Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue