VAT Ruling No. 073-89
VAT Ruling No. 073-89 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Mar 31, 1989
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March 31, 1989 VAT RULING NO. 073-89 Unimer Trading Corporation Ground Floor, Phinma Building 166 Salcedo Street, Legaspi Village Makati, Metro Manila Attention: Mr . Ramon T . Martillano Accounting Manager Gentlemen : This refers to your letter dated February 3, 1989 requesting confirmation as to whether or not the sale of spare parts and equipment to the following EPZA registered firms: acd (a) National Semiconductor (HF) Distribution Ltd. (b) Maitland Smith Limited. is considered a zero-rated sale. In reply, please be informed that such sale made by a VAT registered suppliers is considered an export sale pursuant to Article 77 (b) of the Omnibus Investment Code of 1987 (Executive Order No. 226) and is therefore subject to zero-rate pursuant to Section 100 (a) (1) of the Tax Code, as amended by Executive Order No. 273. For invoicing purposes, you are required to: (a) indicate in your VAT invoices the EPZA Registration No. of the buyer and (b) stamp in the said invoices the following: ZERO-RATED SALES AND FOR DELIVERY TO ( Name of the Export Processing Area ) Please be guided accordingly. cdi Very truly yours, EUFRACIO D. SANTOS Deputy Commissioner
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