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Philippine Bar review · Question

Practice question: VAT Exempt Persons and Transactions

Multiple Choice Easy

Practice question

Which feed category is expressly excepted from Section 109(B)’s stated feed exemption?
  1. Every ordinary poultry feed
  2. Every livestock feed
  3. Specialty feeds for racehorses, fighting cocks, aquarium fish, zoo animals and generally considered pets
  4. All fish feeds without exception
  5. Every ingredient for ordinary feed

Legal references

  • RA 9337, Section 7, amended NIRC Section 109(A)-(B): https://lawphil.net/statutes/repacts/ra2005/ra_9337_2005.html

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