This is extremely important, especially

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Entities that can benefit from VAT exemption Small entrepreneurs whose taxable sales value did not exceed , in total for the previous tax year can benefit from VAT exemption. IMPORTANT - taxpayers making supplies and services listed in Art. cannot benefit from the VAT exemption. section of the VAT Act. Thus, in accordance with the provisions of Art. section of the VAT Act, exemptions do not apply to taxpayers: making deliveries: a goods listed in Annex to the Act, b goods subject to excise duty, within the meaning of the provisions on excise duty, except for: – electricity CN.

Tobacco products, – passenger cars, other than those mentioned in point e, classified by the taxpayer, pursuant to the provisions on income tax, as depreciable fixed assets; buildings, structures or parts thereof, in the cases referred to in Art. section point philippines photo editor letter a and b; construction areas; new means of transport; the following goods, in connection with the conclusion of a contract as part of an organized distance contracting system, without the simultaneous physical presence of the parties.



With the exclusive use of one or more means of distance communication up to and including the conclusion of the contract: – cosmetic and toilet preparations PKWiU . . , – computers, electronic and optical products PKWiU , – electrical devices PKWiU , – machines and devices not classified elsewhere PKWiU wholesale and retail parts and accessories for: – motor vehicles, excluding motorcycles PKWiU . , – motorcycles PKWiU ex . ; providing services: a legal, b in the field of consultancy, with the exception of agricultural consultancy related to the cultivation and breeding.