Can I read Amendments to Section 110 NIRC on EtoBox?
Amendments to Section 110 NIRC by Cecille Sarita is a document available to read on EtoBox.
What is Amendments to Section 110 NIRC about?
This document is Republic Act No. 9361, which amends Section 110(B) of the National Internal Revenue Code of 1997 regarding excess output tax and input tax. It allows VAT-registered persons, at their option, to claim a refund or credit for any input tax attributable to zero-rated sales, subject to Section 112. The Secretary of Finance must promulgate rules for implementation, and any conflicting laws are repealed or modified. The Act takes effect 15 days after publication.
- Author
- Cecille Sarita
- Language
- EN