VAT Exempt Persons and Transactions

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1. Does the CREATE amendment to the qualifying books-and-publications exemption include digital or electronic formats? Multiple Choice Easy
2. A seller supplies ordinary frozen fish for human consumption. The goods meet the agricultural/marine food original-stat… Multiple Choice Medium
3. A publisher’s electronic bulletin is devoted principally to paid advertisements and relies solely on the qualifying-pub… Multiple Choice Medium
4. A manufacturer imports fuel solely for its domestic factory and invokes amended Section 109(1)(U) because the seller sh… Multiple Choice Hard
5. A settler imports quantities of genuine professional tools suitable for personal occupational use and separately import… Multiple Choice Hard
6. Explain how the original-state exemption accommodates simple food preservation and why that does not mean every manufac… Essay Hard
7. An electronic publication seller asserts that every downloaded item is exempt because CREATE added digital format. Expl… Essay Hard
8. Compare qualifying personal professional tools imported by a person settling in the Philippines with industrial machine… Essay Hard