06-01-2019, 06:36 AM
The BIR has issued RMC 38-2017 circularizing the Supreme Court decision in Sec. Cesar B. Purisima and Commissioner Kim S. Henares vs Representative Lazatin and Ecozone Plastic Enterprises Corporation, GR No. 210588, November 29, 2016, declaring RR 02- 2012 UNCONSTITUTIONAL.
The RR requires the payment of value-added tax (vat) and excise tax on the importation of all petroleum and petroleum products. It is a pay first, then claim refund later.
The RR requires the payment of value-added tax (vat) and excise tax on the importation of all petroleum and petroleum products. It is a pay first, then claim refund later.