Philippines Court Clarifies Rules on Unutilized Input VAT Refunds for Zero-Rated Sales

The Philippine Court of Tax Appeals clarified rules on refunds of unutilized input VAT for zero-rated sales.
A domestic corporation sought a refund for input VAT related to services provided to a Singaporean company.
The taxpayer claimed these services were zero-rated, making the input VAT refundable.
The Commissioner of Internal Revenue opposed the refund, citing non-compliance with invoicing and accounting requirements.

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