Practice question
An exempt person transfers covered imported capital equipment to a nonexempt buyer. Explain the Section228(e) preliminary-notice consequence without treating it as a general rule governing all private property transfers.
Legal references
- NIRC RA8424, Sections203,222–223 and228: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html Section228(c)–(e), specific PAN exceptions.
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