VAT Ruling No. 060-91

June 26, 1991 VAT RULING NO. 060-91 PERMEX Producer & Exporter Corp. Suite 4F Vermont Towers J. Nakpil St., Malate, Manila Attention: Mr . Anito Leong Comptroller Gentlemen : This refers to your letter dated 08 April 1991 requesting in effect a ruling that input taxes generated by that firm on the purchase of services is creditable against your output tax and/or refundable to the extent of your export sales. It is represented that your company is a BOI non-pioneer registered enterprise engaged in the canning of tunas, both for export and local sales; that your export sales exceed 70% of your total production; that your manufacturing plant is located in Bo. Dumagsa, Ayala Industrial Estate, Zamboanga City; that you have recently entered into a contract with METAPHIL, INC., a contractor for the construction of your pier facilities, a part of your manufacturing plant in the aforesaid place; that METAPHIL and your firm are both VAT registered; and that in their billing to you for the aforesaid services, they include the 10% value-added tax. In reply, please be informed that pursuant to VAT Ruling No. 086-90, dated April 5, 1990, which is cited in your letter, the input taxes which you generated for the purchase of services for the construction of your pier facilities which is a part of your manufacturing plant is creditable against your output taxes, or a tax credit or refund of such input taxes which are attributed to your export sales may be availed of subject to the requirements stated in said VAT Ruling. cdti Very truly yours, JOSE U. ONG Commissioner of Internal Revenue