VAT Ruling No. 010-88
VAT Ruling No. 010-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Feb 26, 1988
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February 26, 1988 VAT RULING NO. 010-88 103 (w)-000-00-010-88 Mr. Jesusimo B. Aga-in Aga-in Enterprises 78-E Mariveles St., H-way Hills Mandaluyong, Metro Manila S i r : In reply to your letter dated February 23, 1988, please be informed that on the basis of your representation that your annual gross receipts do not exceed P200,000, you are exempt from VAT but are subject to 2% tax. You may, however, volunteer to register as a VAT taxpayer and be covered by the VAT system. cdtech Very truly yours, VICTOR A. DEOFERIO, JR. Deputy Commissioner
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