Practice question
Does importation require that the importer be in the regular business of importing before VAT can apply?
- Yes, always
- Yes, only import merchants can be liable
- No, section 105 separately covers any person importing goods, subject to legal exceptions
- Yes, a private individual can never owe import VAT
- Yes, only corporations may import
Legal references
- https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html — NIRC, section 105
- https://lawphil.net/statutes/repacts/ra2024/ra_11976_2024.html — RA 11976 amendments to NIRC sections 106 and 108
- https://lawphil.net/statutes/repacts/ra2024/ra_12023_2024.html — RA 12023 amendments to sections 105 and 108 and new section 108-A
- https://bir-cdn.bir.gov.ph/BIR/pdf/RR%2014-2025.pdf — BIR RR 14-2025, digital-service VAT transition
Answer this question in flashcards to review your response and continue practicing.