VAT Ruling No. 096-88
VAT Ruling No. 096-88 • Bureau of Internal Revenue (BIR) Issuances • VAT Rulings • Apr 15, 1988
Full text
April 15, 1988 VAT RULING NO. 096-88 102/103 (q)-000-00-096-88 Safeguard Investigation & Security Co., Inc. Manufacturers Bldg. Manila S i r : This in reply to your letter query dated February 16, 1988 regarding the Value-Added Tax. Condominiums, inns, pension houses and hotels are not * exempted from the Value-Added Tax as provided for by * of the Tax Code as amended by E.O. 273. However * exists regarding the shifting of the VAT * consumers, a VAT-registered entity may * of the tax to its clients as part of the cost * rendered to said clients. SAFEGUARD INVESTIGATION & SECURITY CO., INC. * entity is mandated by Section 102(a) of the * as amended by Executive Order No. 273 to pay the * the total gross selling price or gross value * goods, sold, bartered of exchanged and * whether or not the user of such goods * of a VAT-exempt entity. cdta Very truly yours, BIENVENIDO A. TAN, JR. Commissioner of Internal Revenue By: VICTOR A. DEOFERIO, JR. Deputy Commissioner
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