The Philippine Court of Tax Appeals June 24 issued a decision in CTA Case No. 10448, clarifying input VAT refunds regarding zero-rated sales. The taxpayer, a VAT-registered corporation providing catering services, sought a refund for input VAT attributable to zero-rated sales for 2018. The taxpayer argued that it was entitled to the refund claim for various reasons, including that sales of services to clients engaged in international air transport operations are subject to a zero percent VAT rate. The Commissioner of Internal Revenue (CIR) disagreed, contending that the refund claim should be denied for failure to comply with the specified ...
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