Practice question
Explain the conditions and timing of the EOPT output VAT credit for uncollected receivables, including recovery.
Legal references
- RA 11976, Sections 16 and 19-21, current NIRC Sections 106(E), 110 and 112(B): https://lawphil.net/statutes/repacts/ra2024/ra_11976_2024.html
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