Supreme Court E-Library
Information At Your Fingertips


  View printer friendly version

(NAR) VOL. 17 NO. 1 / JANUARY - MARCH 2006

[ LTO MEMORANDUM CIRCULAR NO. 676-2006, January 31, 2006 ]

VAT RATE ON COMPUTER FEES



In compliance with the provision of the eVAT Law, the VAT rate on computer fees is hereby raised from 10% to 12% and effective February 1, 2006 following the table shown below, to wit:

                                                                                                               
 Computer Fee 12% VAT Total
    
MVRS P120.00P14.40P134.40
MAIDRS   
 Stock ReportingP120.00 P14.40 P134.40
 Special ReportingP120.00 P14.40 P134.40
DLSP 48.00 P 5.76 P 53.76
ADLESP 48.00 P 5.76 P 53.76
LETASP 48.00 P 5.76 P 53.76

In this connection, you are hereby informed that implementation of the above-mentioned VAT rates for the computer fees of the LTO-IT system will take effect February 1, 2006.

All orders/memoranda in conflict herewith are deemed superseded.

For strict compliance.

Adopted: 31 Jan. 2006

(SGD.) ANNELI R. LONTOC
Assistant Secretary

© Supreme Court E-Library 2019
This website was designed and developed, and is maintained, by the E-Library Technical Staff in collaboration with the Management Information Systems Office.