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8 - VAT Refunds

Total questions: 3

Worksheet time: 2mins

Name
Class
Date
1.

VAT Refund application must be filed within ________ from the taxable quarter of zero - rating sale or that is ________ after the close of the taxable quarter when such sales were made.

a)

2 years

b)

120 days

c)

90 days

d)

30 days

2.

__________ of the BIR serves as a one-stop shop for the country’s so called large taxpayers.

a)

RDO

b)

LTS

c)

LTDO

3.

Upon complete submission of necessary documentary requirements, the BIR should resolve the same within_______________, the taxpayer should file an appeal with the CTA.

a)

120 + 30 days

b)

60 + 30 days

c)

90 + 30 days

d)

30 + 30 days