Examples of Domestic Purchases in a sentence
Other measures are available to adjust costs, such as the Gross Domestic Purchases (GDP) Price Deflator.
Further examination of the supporting documents for the Summary of Domestic Purchases and Importation44 leads to the disallowance of the amount of P1,082,667.59 for non- compliance with the substantiation requirements under Sections 11 O(A) and 113(A) and (B) of the NIRC of 1997, as amended, in relation to Sections 4.110-2, 4.110-3, 4.110-8, and 4.113-1 of RR No. 16-05, as amended.
On April 25, 2003, Philex filed its VAT return2 for the 1st quarter of 2003, which reflected the following information, to wit: Input Tax Carried Over from Previous Quarter Input Tax on Domestic Purchases - Capital Goods Input Tax on Importations - Capital Goods Total Available Input Tax Less: Any VAT Refund/TCC Claimed Net Creditable Input Tax Less: Output Tax due for the quarter VAT Payable/(Overpayment) p 243,728,656.23 p 190,577.
Farmers can plant oil seed on the set-aside land as long as it is contracted solely for the production of bio- diesel (or other products of similar nature).
However, if you are a construction company, do not indicate the value of domestic purchases of construction material on this line, as these relate to inventory and operations in your case; indicate them on line 18 instead.Line 18: Domestic Purchases - Value of Domestic Purchases of operating inputs and other non-capital supplies (exclusive of VAT)Enter the total value of all domestic purchases relating to operating inputs and other non-capital supplies but excluding the VAT.
Final sales to domestic purchasers less government consumption expenditures and gross investment.Table 1.4.3. Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers,Quantity Indexes[Index numbers, 2009=100] Seasonally adjustedLast Revised On: Oct 27 2017 8:30AM - Next Release Date: Nov 29 2017 8:30AM Line 20152016Legend / Footnotes:1.
Include exempt purchases, if applicable.Line 19: Domestic Purchases - VAT paid on Domestic Goods & Services, and deemed VAT if applicableEnter the amount of VAT that was paid on all acquired domestic goods and services.
If filling out the form online, this line is calculated automatically.Line 17: Domestic Purchases - Value of Domestic Purchases of capital goods & services (exclusive of VAT)Enter the total value, exclusive of VAT of all domestic purchases relating to capital expenditures.
Where limited knowledge or expertise exists on such tolerance limits, the specialist must make an “educated guess” based on his/her professional experience.
If filling out the form online, this line is calculated automatically.Line 17: Domestic Purchases - Value of Domestic Purchases of capital goods & services (exclusive of VAT)Enter the total value of all domestic purchases relating to capital expenditures but excluding the VAT.