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Application for vat zero rating bir – application for vat zero rating bir –

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The VAT zero rating on the following sales by VAT registered taxpayers shall be removed upon satisfaction of the following from the filing of the VAT refund application with the BIR; and (b) cash refund by 31 December of all pending VAT refund claims as of 31 December a. The sale of raw materials or packaging materials to a. Oct 21,  · The Bureau of Internal Revenue (BIR) recently issued an advisory informing taxpayers that the Large Taxpayers Service and Assessment Service will continue to receive and process applications for Value Added Tax (VAT) zero rating on the sales of goods and services by suppliers of Registered Business Entities (RBEs), who were granted incentives by . All classifieds – Veux-Veux-Pas, free classified ads Website. Come and visit our site, already thousands of classified ads await you What are you waiting for? It’s easy to use, no lengthy sign-ups, and % free! If you have many products or ads.
 
 

– Application for vat zero rating bir – application for vat zero rating bir

 

Therefore, exports are zero-rated, but imports are taxed. Such practice makes the seller internationally competitive by allowing the refund or credit of input taxes that are attributable to export sales. RBEs are given full relief from VAT, with the goal of making the Philippines a prime location of internationally competitive economic zones. Looking back, RA No. Thus, without an approved application for effective zero-rating, the transaction otherwise entitled to zero-rating shall be considered exempt.

Hence, it is important to understand that approval for VAT zero-rating is required only for effectively zero-rated transactions based on RMO No. At that time, effectively zero-rated transactions include:.

Export sales under Executive Order No. Sale of goods, supplies, equipment, and fuel to persons engaged in international shipping, or international air transport operations;. Sales to persons or entities whose exemption under special laws or international agreements, to which the Philippines is a signatory, effectively subjects such sales to zero-rate;. Services rendered to persons engaged in international shipping, or international air transport operations, including leases of property for use, and;.

Thus, RR No. To note, sales made to BoI-registered enterprises were already treated as subject to automatic zero-rating, hence no prior application was needed. Moreover, RR also deleted the entire provision on the requirement of prior application for VAT zero-rating for all transactions.

Others insisted that deleting the provision was an oversight in the drafting of the said regulations. What they perhaps failed to notice was that a change in the nature of the zero-rating of the sales to export processing zones from being effectively zero-rated, to automatic zero-rating, would actually mean that no prior application would be needed, since automatic zero-rating does not require prior application, unlike an effective zero-rating.

Given the landscape, could tax advisories have the same effect as BIR revenue regulations, which overturn RR ? Date of Issue. RR No.

February 26, Amends RR No. May 27, March 31, Supplementing Revenue Regulations No. August 29, August 1, Implements certain provisions of Republic Act No. June 25, Governs the imposition of Income Tax on the Gross Philippine Billings, other income of International Air Carriers and Common Carrier’s Tax, as well as the manner of claiming deductions on travel expenses and freight charges incurred.

October 7, Implementing Section 5 of Republic Act No. Daily Inquirer on Jan. January 7, Implementing Republic Act No. February 7, RMC No. April 25, Provides the transition procedures for all taxpayers filing tax returns affected by the revised tax rates pursuant to the provisions of RA No. January 8, Circularizes the copy of RA No. December 29, Clarification on proper tax treatment of passed-on Gross Receipts Tax.

June 14, Allows taxpayers who are mandated to file their tax returns thru Electronic Filing and Payment System and Electronic BIR Forms in areas affected by Typhoon Lando to temporarily file their tax returns and pay their taxes manually. October 30, July 15, Clarifies pertinent provisions of RR No.

May 6, Clarifies pertinent provisions of Revenue Regulations No. April 20, January 30, June 7, March 8, March 17, August 27, June 20, April 8, November 26, June 16, February 23, February 19, RMO No.

October 22, March 26, January 22, November 15, Index for Value-Added Tax. Value-Added Tax Description. It is a tax on consumption levied on the sale, barter, exchange or lease of goods or properties and services in the Philippines and on importation of goods into the Philippines.

It is an indirect tax, which may be shifted or passed on to the buyer, transferee or lessee of goods, properties or services. Any person or entity who, in the course of his trade or business, sells, barters, exchanges, leases goods or properties and renders services subject to VAT, if the aggregate amount of actual gross sales or receipts exceed Three Million Pesos Php3,, A person required to register as VAT taxpayer but failed to register.

Any person, whether or not made in the course of his trade or business, who imports goods. Monthly VAT Declarations. Duly approved Tax Debit Memo, if applicable. Duly approved Tax Credit Certificate, if applicable. Authorization letter, if return is filed by authorized representative. If there is payment:. Accomplish and submit BIR-prescribed deposit slip, which the bank teller shall machine validate as evidence that payment was received by the AAB.

The AAB receiving the tax return shall stamp mark the word “Received” on the return and machine validate the return as proof of filing the return and payment of the tax. Manual Filing – Not later than the 20th day following the end of each month. Quarterly Value-Added Tax Return.

BIR Form No. Previously filed return and proof of payment, for amended return. If there is no payment:. Within twenty five 25 days following the close of the taxable quarter. Value-Added Tax Rates. Related Revenue Issuances. Subject Matter. April 5, March 15, February 20, Published in Manila Bulletin on January 20, January 18, June 1, Amends Sections 4.

Published in Manila Bulletin on December 29, December 28, Prescribes the policies and guidelines in the monitoring of service fees of professionals. Published in Manila Bulletin on March 21, March 20, Prescribes the guidelines on the preservation of books of accounts and other accounting records.

September 27, Amends Section 2 b of Revenue Regulations No. September 20, Prescribes the tax treatment of sale of jewelry, gold and other metallic minerals to a non-resident alien individual not engaged in trade or business within the Philippines or to a non-resident foreign corporation.

Published in Manila Bulletin on April 24, April 22, Further expands the coverage of taxpayers required to file tax returns and pay taxes through the Electronic Filing and Payment System to include National Government Agencies mandatorily required to use the Electronic Tax Remittance Advice Published in Manila Bulletin on January 25, January 23, December 5, Prescribes the VAT treatment on sale of adjacent residential lots, house and lots or other residential dwellings, thereby amending certain provisions of RR No.

Published in Manila Bulletin on October 17, October 12, Clarifies the taxation on the sale of gold and other metallic minerals to Bangko Sentral ng Pilipinas and other persons or entities. Published in Manila Bulletin on April 4, April 2, Prescribes the effectivity of threshold amounts for sale of residential lot, sale of house and lot, lease of residential unit and sale or lease of goods or properties or performance of services covered by Section P , Q and V of the Tax Code of , as amended.

Published in Manila Bulletin on February 22, Provides the penalties for violation of the requirement that Output Tax on the sale of goods and services should be separately indicated in the sales invoice or official receipt Published in Manila Bulletin on November 23, November 21, Increases the amount of threshold amounts for sale of residential lot, sale of house and lot, lease of residential unit and sale or lease of goods or properties or performance of services covered by Section P , Q and V of the Tax Code of , as amended, thereby amending certain provisions of RR No.

October 28, Amends certain provision of RR No. July 7, June 29, Provides the policies, guidelines and procedures on the application for change in accounting period. Published in Manila Bulletin on March 9, March 7, Promulgates the requirements for the maintenance, retention and submission of electronic records. September 9, Suspension of the Implementation of Revenue Regulations No.

August 28, May 9, January 11, October 19, Implementing Sec. May 21, December 1, November 20, October 9, February 4, December 20, Amends further RR No. December 19, June 24, May 17, May 3, July 21, Amends RMO No. August 14, April 3, October 11, March 21, September 10, September 5, August 31, Enjoins the strict implementation of the penalty provisions for non-submission of Quarterly Summary Lists of Sales and Purchases. April 30, July 23, February 28, October 21, May 24, Prescribing the guidelines and procedures in the implementation of RR No.

December 11, March 29, November 5, Amends certain provisions of RMC Nos. Amends RMC No. October 24, Amends Question and Answer to No. March 2, Publishes the full text of Joint Circular No.

December 2, June 27, June 17, January 25, November 23, September 3, August 22, Circularizes the full text of Executive Order No. November 8, July 20, Clarifies the coverage of RMO No. July 13, Clarifies Revenue Memorandum Circular No. September 16, December 3, April 18, September 14, August 7, June 13, June 30, May 30, May 22, April 6, February 1, January 20, December 22, December 8, November 3, Attachments to the quarterly VAT return to be filed starting October 25, October 20, October 3, July 1, Clarification regarding the withholding of creditable Value-Added Tax by government offices for purchases of P1, September 23, Settlement of the Value-Added Tax liabilities of pawnshops for taxable years to October 8, December 18, July 2, March 18, Codal Reference.

General VAT Queries. Who are liable to register as VAT taxpayers? Any person who, in the course of trade or business, sells, barters or exchanges goods or properties or engages in the sale or exchange of services shall be liable to register if:. His gross sales or receipts for the past twelve 12 months, other than those that are exempt under Section A to U , have exceeded Three Million Pesos P3,, There are reasonable grounds to believe that his gross sales or receipts for the next twelve 12 months, other than those that are exempt under Section A to U , will exceed Three Million Pesos P3,, When is a new VAT taxpayer required to apply for registration and pay the registration fee?

Thereafter, taxpayers are required to pay the annual registration fee of five hundred pesos P What compliance activities should a VAT taxpayer, after registration as such, do promptly or periodically?

The following compliance activities must be performed by a VAT-registered taxpayer:. Pay the annual registration fee of P The monthly VAT Declaration and the Quarterly VAT Return shall reflect the consolidated total for all the taxable lines of activity and all the establishments – head office and branches ;. What is the liability of a taxpayer becoming liable to VAT and did not register as such?

Any person who becomes liable to VAT and fails to register as such shall be liable to pay the output tax as if he is a VAT-registered person, but without the benefit of input tax credits for the period in which he was not properly registered. Who may opt to register as VAT and what will be his liability? Any person who is VAT-exempt under Sec. Any person who is VAT-registered but enters into transactions which are exempt from VAT mixed transactions may opt that the VAT apply to his transactions which would have been exempt under Section of the Tax Code, as amended.

This option, once exercised, shall be irrevocable. Any person who elects to register under optional registration shall not be allowed to cancel his registration for the next three 3 years. The above-stated taxpayers may apply for VAT registration not later than ten 10 days before the beginning of the calendar quarter and shall pay the registration fee unless they have already paid at the beginning of the year. In any case, the Commissioner of Internal Revenue may, for administrative reason deny any application for registration.

Once registered as a VAT person, the taxpayer shall be liable to output tax and be entitled to input tax credit beginning on the first day of the month following registration. If he makes a written application and can demonstrate to the commissioner’s satisfaction that his gross sales or receipts for the following twelve 12 months, other than those that are exempt under Section A to U , will not exceed Three Million Pesos P3,, If he has ceased to carry on his trade or business, and does not expect to recommence any trade or business within the next twelve 12 months.

When will the cancellation for registration be effective? The cancellation for registration will be effective from the first day of the following month the cancellation was approved. A VAT registered person shall issue :. A VAT invoice for every sale, barter or exchange of goods or properties; and.

A VAT official receipt for every lease of goods or properties and for every sale, barter or exchange of services. The amount of the tax shall be shown as a separate item in the invoice or receipt.

Name of Seller. Description of the goods or properties or nature of the service. Purchase price plus the VAT, provided that. Authority to Print Receipt Number at the lower left corner of the invoice or receipt.

The purchaser shall be entitled to claim an input tax credit on his purchase. What is “output tax”? Output tax means the VAT due on the sale, lease or exchange of taxable goods or properties or services by any person registered or required to register under Section of the Tax Code.

What is “input tax”? Input tax means the VAT due on or paid by a VAT-registered on importation of goods or local purchase of goods, properties or services, including lease or use of property in the course of his trade or business. It shall also include the transitional input tax determined in accordance with Section of the Tax Code, presumptive input tax and deferred input tax from previous period.

Does amortization of input VAT still allowable? Yes , but is only allowed until December 31, after which taxpayers with unutilized input VAT on capital goods purchased or imported shall be allowed to apply the same as scheduled until fully utilized: Provided, That in the case of purchase of services, lease or use of properties, the input tax shall be creditable to the purchaser, lessee or licensee upon payment of the compensation, rental, royalty or fee. What will be the basis of the date of cancellation?

It is the date of issuance of tax clearance by the BIR, after full settlement of all tax liabilities relative to cessation of business or change of status of concerned taxpayer. What comprises “goods or properties”? The term “goods or properties” shall mean all tangible and intangible objects, which are capable of pecuniary estimation and shall include, among others:. Real properties held primarily for sale to customers or held for lease in the ordinary course of trade or business;. The right or the privilege to use patent, copyright, design or model, plan, secret formula or process, goodwill, trademark, trade brand or other like property or right;.

The right or privilege to use in the Philippines of any industrial, commercial or scientific equipment;. The right or the privilege to use motion picture films, films, tapes and discs; and. Radio, television, satellite transmission and cable television time.

What comprises “sale or exchange of services”? The term “sale or exchange of services” means the performance of all kinds of services in the Philippines for others for a fee, remuneration or consideration, whether in kind or in cash, including those performed or rendered by the following:. Stock, real estate, commercial, customs and immigration brokers;. Persons engaged in milling, processing, manufacturing or repacking goods for others;.

Proprietors, operators or keepers of hotels, motels, rest houses, pension houses, inns, resorts, theatres, and movie houses;. Proprietors or operators of restaurants, refreshment parlors, cafes, and other eating places, including clubs and caterers;. Transportation contractors on their transport of goods or cargoes, including persons who transport goods or cargoes for hire and other domestic common carriers by land relative to their transport of goods or cargoes;.

Common carriers by air and sea relative to their transport of passengers, goods or cargoes from one place in the Philippines to another place in the Philippines;.

Non-life insurance companies except their crop insurances , including surety, fidelity, indemnity and bonding companies; and. Similar services regardless of whether or not the performance thereof calls for the exercise of use of the physical or mental faculties. The phrase “sale or exchange of services” shall likewise include:.

The lease of use of or the right or privilege to use any copyright, patent, design or model, plan, secret formula or process, goodwill, trademark, trade brand or other like property or right;. The lease or the use of, or the right to use of any industrial, commercial or scientific equipment;.

The supply of scientific, technical, industrial or commercial knowledge or information;. The supply of any assistance that is ancillary and subsidiary to and is furnished as a means of enabling the application or enjoyment of any such property, or right or any such knowledge or information;.

The supply of services by a nonresident person or his employee in connection with the use of property or rights belonging to, or the installation or operation of any brand, machinery or other apparatus purchased from such non-resident person;. The supply of technical advice, assistance or services rendered in connection with technical management or administration of any scientific, industrial or commercial undertaking, venture, project or scheme;.

The lease of motion picture films, films, tapes and discs; and. The lease or the use of or the right to use radio, television, satellite transmission and cable television time. What is a zero-rated sale? It is a taxable transaction for VAT purposes, but shall not result in any output tax. However, the input tax on purchases of goods, properties or services, related to such zero-rated sales, shall be available as tax credit or refund in accordance with existing regulations.

What transactions are considered as zero-rated sales? Processing, manufacturing or repacking goods for other persons doing business outside the Philippines which goods are subsequently exported where the services are paid for in acceptable foreign currency and accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas BSP ;.

Services other than processing, manufacturing or repacking rendered to a person engaged in business conducted outside the Philippines or to a non-resident person engaged in business who is outside the Philippines when the services are performed, the consideration for which is paid for in acceptable foreign currency and accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas BSP ;.

Services rendered to persons engaged in international shipping or air transport operations, including leases of property for use thereof; Provided, that these services shall be exclusively for international shipping or air transport operations.

Transport of passengers and cargo by domestic air or sea carriers from the Philippines to a foreign country. Sale of power or fuel generated through renewable sources of energy such as, but not limited to, biomass, solar, wind, hydropower, geothermal and steam, ocean energy, and other shipping sources using technologies such as fuel cells and hydrogen fuels; Provided, however that zero-rating shall apply strictly to the sale of power or fuel generated through renewable sources of energy, and shall not extend to the sale of services related to the maintenance or operation of plants generating said power.

The sale and actual shipment of goods from the Philippines to a foreign country, irrespective of any shipping arrangement that may be agreed upon which may influence or determine the transfer of ownership of the goods so exported, paid in acceptable foreign currency or its equivalent in goods or services, and accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas BSP ;.

The sale of raw materials or packaging materials to a non-resident buyer for delivery to as a resident local export-oriented enterprise to be used in manufacturing, processing, packing or repacking in the Philippines of the said buyer’s goods, paid for in acceptable foreign currency, and accounted for in accordance with the rules and regulations of the BSP;.

Transactions considered export sales under Executive Order No. Sale of goods or property to persons or entities who are tax-exempt under special laws or international agreements to which the Philippines is a signatory, such as, Asian Development Bank ADB , International Rice Research Institute IRRI , subject such sales to zero rate. The sale of raw materials or packaging materials to a non-resident buyer for delivery to a resident local export-oriented enterprise to be used in manufacturing, processing, packing or repacking in the Philippines of the said buyer’s goods, paid for in acceptable foreign currency, and accounted for in accordance with the rules and regulations of the BSP;.

Processing, manufacturing or repacking goods for other persons doing business outside the Philippines which goods are subsequently exported where the services are paid for in acceptable foreign currency and accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas BSP ; and.

What transactions are considered deemed sales? The following transactions are considered as deemed sales:. Transfer, use or consumption, not in the course of business, of goods or properties originally intended for sale or for use in the course of business. Transfer of goods or properties not in the course of business can take place when VAT-registered person withdraws goods from his business for his personal use;. Shareholders or investors as share in the profits of the VAT-registered person; or.

Consignment of goods if actual sale is not made within sixty 60 days following the date such goods were consigned. Consigned goods returned by the consignee within the day period are not deemed sold;. Retirement from or cessation of business, with respect to all goods on hand, whether capital goods, stock-in-trade, supplies or materials as of the date of such retirement or cessation, whether or not the business is continued by the new owner or successor. The following circumstances shall, among others, give rise to transactions “deemed sale”;.

Change of ownership of the business. There is a change in the ownership of the business when a single proprietorship incorporated; or the proprietor of a single proprietorship sells his entire business.

Dissolution of a partnership and creation of a new partnership which takes over the business. What is VAT-exempt sale? It is a sale of goods, properties or service and the use or lease of properties which is not subject to output tax and whereby the buyer is not allowed any tax credit or input tax related to such exempt sale.

What are the VAT-exempt transactions? Sale or importation of agricultural and marine food products in their original state, livestock and poultry of a kind generally used as, or yielding or producing foods for human consumption; and breeding stock and genetic materials therefore;.

Sale or importation of fertilizers; seeds, seedlings and fingerlings; fish, prawn, livestock and poultry feeds, including ingredients, whether locally produced or imported, used in the manufacture of finished feeds except specialty feeds for race horses, fighting cocks, aquarium fish, zoo animals and other animals considered as pets ;.

Importation of personal and household effects belonging to residents of the Philippines returning from abroad and non-resident citizens coming to resettle in the Philippines; Provided, that such goods are exempt from custom duties under the Tariff and Customs Code of the Philippines;.

Services subject to percentage tax under Title V of the Tax Code, as amended;. Services by agricultural contract growers and milling for others of palay into rice, corn into grits, and sugar cane into raw sugar;. Medical, dental, hospital and veterinary services except those rendered by professionals;. Services rendered by individuals pursuant to an employer-employee relationship;. Services rendered by regional or area headquarters established in the Philippines by multinational corporations which act as supervisory, communications and coordinating centers for their affiliates, subsidiaries or branches in the Asia-Pacific Region and do not earn or derive income from the Philippines;.

Transactions which are exempt under international agreements to which the Philippines is a signatory or under special laws except those granted under P. Gross receipts from lending activities by credit or multi-purpose cooperatives duly registered and in good standing with the Cooperative Development Authority;. Sales by non-agricultural, non-electric and non-credit cooperatives duly registered with and in good standing with CDA; Provided, that the share capital contribution of each member does not exceed Fifteen Thousand Pesos P15, Sale of real properties not primarily held for sale to customers or held for lease in the ordinary course of trade or business.

Sale of real properties utilized for low-cost housing as defined by RA No. Sale of real properties utilized for specialized housing as defined under RA No. If two or more adjacent lots are sold or disposed in favor of one buyer, for the purpose of utilizing the lots as one residential lot, the sale shall be exempt from VAT only if the aggregate value of the lots do not exceed One Million Five Hundred Thousand Pesos P1,, Lease of residential units with a monthly rental per unit not exceeding Fifteen Thousand Pesos P15, Sale, importation, printing or publication of books and any newspaper, magazine, review or bulletin which appears at regular intervals with fixed prices for subscription and sale and which is not devoted principally to the publication of paid advertisements;.

Services of banks, non-bank financial intermediaries performing quasi-banking functions, and other non-bank financial intermediaries, such as money changers and pawnshops, subject to percentage tax under Sections and , respectively of the Tax Code; and. Sale or lease of goods and services to senior citizens and persons with disabilities, as provided under Republic Act Nos.

Transfer of property in merger or consolidation pursuant to Section 40 C 2 of the Tax Code, as amended ;. Sale of drugs and medicines prescribed for diabetes, high cholesterol, and hypertension beginning on January 1, as determined by the Department of Health ; and.

What is the difference between a low-cost and a socialized housing? It shall also refer to projects intended for the underprivileged and homeless wherein the housing package selling price is within the lowest interest rates under the Unified Lending Program UHLP or any equivalent housing program of the Government, the private sector or non-government organizations.

It supports the third party information program of the Bureau through the cross referencing of third party information from the taxpayers’ Summary Lists of Sales and Purchases prescribed to be submitted on a quarterly basis. Who are required to submit Summary List of Sales?

Who are required to submit Summary List of Purchases? What are the Summary Lists required to be submitted? When is the deadline for submission of the above Summary Lists? What are the penalties for failure to submit the Summary Lists? Lease or use of properties or property rights owned by non-residents; and. Other services rendered in the Philippines by non-residents. In what grounds can the Commissioner of Internal Revenue suspend the business operations of a taxpayer?

The Commissioner or his authorized representative is empowered to suspend the business operations and temporarily close the business establishment of any person for any of the following violations:. Failure to issue receipts or invoices;. Failure to file a value-added-tax return as required under Section ; or.

Failure to any Person to Register as Required under Section Index for Income Tax:. Income Tax Description. Income Tax is a tax on a person’s income, emoluments, profits arising from property, practice of profession, conduct of trade or business or on the pertinent items of gross income specified in the Tax Code of Tax Code , as amended, less the deductions if any, authorized for such types of income, by the Tax Code, as amended, or other special laws.

Resident citizens receiving income from sources within or outside the Philippines. Employees deriving purely compensation income from two or more employers, concurrently or successively at any time during the taxable year. Employees deriving purely compensation income regardless of the amount, whether from a single or several employers during the calendar year, the income tax of which has not been withheld correctly i. Individuals deriving mixed income, i. Individuals deriving other non-business, non-professional related income in addition to compensation income not otherwise subject to a final tax.

Individuals receiving purely compensation income from a single employer, although the income of which has been correctly withheld, but whose spouse is not entitled to substituted filing. Non-resident citizens receiving income from sources within the Philippines.

Aliens, whether resident or not, receiving income from sources within the Philippines. Corporations including partnerships, no matter how created or organized. Domestic corporations receiving income from sources within and outside the Philippines. Foreign corporations receiving income from sources within the Philippines. Proofs of Foreign Tax Credits, if applicable. For Manual Filer. On or before the 15th day of April of each year covering taxable income for calendar year and thereafter.

Proof of Foreign Tax Credits, if applicable. Income Tax Return previously filed and proof of payment, if filing an amended return for the same year. Account Information Form or Financial Statements not necessarily audited by an independent CPA if the gross annual sales, earnings, receipts or output do not exceed P3,, Final Adjustment Return or Annual Income Tax Return – On or before the 15th day of April of each year covering income for calendar year and thereafter.

In lieu thereof, they may file their annual income tax returns accompanied by balance sheets, profit and loss statement, schedules listing income-producing properties and the corresponding income therefrom, and other relevant statements duly certified by an independent CPA.

Attach the same to BIR Form Same deadline as BIR Form – On or before the 15th day of April of each year covering taxable income for calendar year and thereafter. Receive your copy of the duly stamped and validated form from the RDO.

 

Application for vat zero rating bir – application for vat zero rating bir. Value-Added Tax

 
The VAT zero-rate certification issued may be counterchecked with the master list of all REEs which have been issued with a zero-rated VAT to be provided by all IPAs to the BIR. On the other hand, local suppliers of REEs who wish to avail themselves of the VAT zero-rating on sales to REEs are required to file an application for VAT zero-rating. The VAT zero rating on the following sales by VAT registered taxpayers shall be removed upon satisfaction of the following from the filing of the VAT refund application with the BIR; and (b) cash refund by 31 December of all pending VAT refund claims as of 31 December a. The sale of raw materials or packaging materials to a. NATIONAL INTERNAL REVENUE CODE OF As amended by Republic Act (RA) No. (TRAIN), RA , RA , RA and RA (CREATE) TITLE I.

 
 

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