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On June 24, the Philippine Court of Tax Appeals ruled in Case No. 10448 on input VAT refund eligibility related to zero-rated sales by a catering services corporation in 2018.
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The taxpayer claimed refunds based on providing services to clients in international air transport, which are subject to zero-rated VAT, arguing their eligibility under existing VAT refund provisions.
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The CIR opposed the claim, citing non-compliance with procedural requirements; the court’s decision clarified conditions under which input VAT related to zero-rated sales may be refunded.
Source: news.bloombergtax.com
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