Is the sales to abc subject to vat at twelve percent

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Reference no: EM133920513

Problem

You sent Heaven Corp, VAT registered, operating in Manila, engaged in selling of Vatable items (construction materials). IN 2025, the corp has total sales of 100M. On December 2025, Heaven sold items worth 1M to ABC Corp, a registered export enterprise under BOI, used for admin purposes. Heaven declared zero VAT on sales to ABC citing Sec 106, export sales (sales from Phil to Foreign country) is subject to VAT at 0% and the cross border doctrine. Get the instant assignment help. Is the sales to ABC subject to VAT at 12%?

Reference no: EM133920513

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