A Corp.

Malaybalay, Bukidnon
TIN: VAT 125-456-789
Customer: Bee Corp
Canned Goods 10,000

VAT(12%) 1,200
Total Sale 11,200

A Corp., a VAT
registered
manufacturer
sold to Bee Corp
canned goods
worth 10,000.00.
Bee Corp., a VAT
registered retailer
sold to Mr. XYZ at
11,000
Bee Corp.
Malaybalay, Bukidnon
TIN: VAT 145-456-789

Customer: Mr XYZ
Canned Goods 11,000

VAT(12%) 1,320
Total Sale 12,320

How much is VAT payable of A
Corp.?

Output Tax
(10,000 x 12%) 1,200
Less: Input Tax 0
VAT payable 1,200

How much is VAT payable of
Bee Corp.?

Output Tax
(11,000 x 12%) 1,320
Less: Input Tax
(10,000 x12%) 1,200
VAT payable 120