Summary
RMC No. 97-2010 clarifies the VAT exemption of services by agricultural contract growers.
Key points
- Toll services are subject to VAT. Toll processing, toll dressing and toll manufacturing services done independently from growing poultry, livestock or other agricultural and marine food products are subject to VAT under Section 108 of the Tax Code of 1997, as amended.
Who is affected
- Agricultural contract growers
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.