Hence, B2B transactions are also subject to withholding VAT. The Philippine registered business will remit the withheld VAT using BIR Form 1600-VT on the 10 th day of the following month. For B2C ...

The BIR will issue a Certificate of Registration/BIR Form No. 2302, which contains the assigned TIN and other registration details. These details shall be used in the filing of VAT returns and ...