VAT Ruling No. 028-96

September 23, 1996 VAT RULING NO. 028-96 Sec. 108-000-028 London Shell Service Center, Inc. F. P. Felix Avenue, corner London Street Cainta, Rizal Attention: Mr . Rizalino Frias, Jr . President Gentlemen : This refers to your letter dated January 29, 1996, inquiring whether invoices from a supplier can be used as supporting documents for input taxes claimed by you in 1993. It is represented that your supplier issued only delivery receipts for your purchases made in 1993. In reply, please be informed that under Executive Order No. 273, as implemented by Revenue Regulations 5-87, any input tax may be credited against output tax liabilities when properly supported by VAT-registered sales invoice or official receipts issued in accordance with Section 108 of the Tax Code, as amended, as proof of payment of value-added tax on purchases of goods, properties or services. The same rule holds true under delivery receipts even if registered with the Bureau of Internal Revenue, will not generate input tax credits. LLphil Very truly yours, LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue