Practice question
Under Section 106’s raw-material route, may qualifying goods sold to a nonresident buyer be delivered to a resident local export-oriented enterprise for the stated manufacturing activities?
- Never
- Only if sold for pesos without other conditions
- Only after every domestic business closes
- Only if the buyer becomes a resident
- Yes, subject to the route’s foreign-currency, accounting and other statutory conditions
Legal references
- RA 12066, Sections 6-9, amended NIRC Sections 106, 108, 109 and 112(C): https://lawphil.net/statutes/repacts/ra2024/ra_12066_2024.html
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