7/24/2019 KEPCO Philippines Corp. v. CIR (Case 7.11)

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KEPCO Philippines Corp. v. CIR (case 7.11)

Facts: Petitioner is a VATre!istere" entit# $hich e%cl&sivel# sells electricit# to 'PC an entit# e%ept *ro

ta%es &n"er RA +,-. On /ece0er 221 Kepco *ile" an application *or 3erorate" sales $ith the 4IR $hich

approve" the sae. In the co&rse o* its 0&siness it alle!e"l# pai" inp&t VAT attri0&tin! the sae to its 3erorate"

sales o* electricit# $ith 'PC. It *ile" $ith the CIR a clai *or ta% re*&n" o* &n&tili3e" inp&t VAT pa#ents

attri0&ta0le to its 3erorate" sales transactions *or ta%a0le #ear 22. It *ile" a petition *or revie$ 0e*ore the CTA

$hich r&le" that onl# 55.1-6 o* the vali"l# s&pporte" inp&t VAT pa#ents 0ein! claie" co&l" 0e consi"ere"*or *ailin! to copl# $ith the s&0stantation re&ireent. 8ence this petition.

Iss&e: 9O' the $or" 3erorate"; sho&l" 0e iprinte" on invoices an"