T49.docx

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Question: Which of the following is not considered an export sale for value added tax purposes? the sale of gold to the BSP the actual shipment of goods from the Philippines to the US paid for in US dollars through a letter of credit issued by a US bank the sale of food packs for use of passengers to PAL on its international air transport operations the sale of plastic packaging materials to an export-oriented enterprise who actually export 60% of its total annual production

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Tax Review Question

Transcript of T49.docx

Question: Which of the following is not considered an export sale for value added tax purposes?the sale of gold to the BSPthe actual shipment of goods from the Philippines to the US paid for in US dollars through a letter of credit issued by a US bankthe sale of food packs for use of passengers to PAL on its international air transport operationsthe sale of plastic packaging materials to an export-oriented enterprise who actually export 60% of its total annual production