Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION 109 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
Date filed
November 30, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB03381 |
| FULL TITLE : AN ACT AMENDING SECTION 109 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES |
| ABSTRACT : The bill seeks to withdraw the exemptions from the value-added tax, to wit: a) sale or importation of coal, natural gas and petroleum products; b) sale or importation of raw materials used in the manufacture of petroleum products by the buyer/importer himself; c) importation of passenger and cargo vessels of more than 5,000 tons; d) sales and importation of cooperatives; e) sale, importation, printing and publication of books; and f) service rendered in the exercise of medical and legal profession. |
| PRINCIPAL AUTHOR/S : PARAS, JACINTO V. |
| DATE FILED : 2004-11-30 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Scheduled for first meeting/hearing on 2004-11-30 |
| 2. Under deliberation by the Mother Committee on 2004-12-06 |
| 3. Under deliberation by the Mother Committee on 2004-12-07 |
| 4. Under deliberation by the Mother Committee on 2004-12-13 |
| 5. Under deliberation by the Mother Committee on 2004-12-14 |
| 6. Under deliberation by the Mother Committee on 2005-01-06 |
| 7. Approved by the Committee on 2005-02-01 |
| 8. Committee Report filed on 2005-02-07 |
| 9. Bicameral Conference Report filed on 2005-05-10 |
| 10. Bicameral Conference Report filed on 2005-05-10 |
| MOTHER BILL: HB03705 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2004-12-07 |
Abstract
The bill seeks to withdraw the exemptions from the value-added tax, to wit: a) sale or importation of coal, natural gas and petroleum products; b) sale or importation of raw materials used in the manufacture of petroleum products by the buyer/importer himself; c) importation of passenger and cargo vessels of more than 5,000 tons; d) sales and importation of cooperatives; e) sale, importation, printing and publication of books; and f) service rendered in the exercise of medical and legal profession.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.