The CTA has affirmed its ruling partially granting KEPCO Ilijan Corp.’s refund claim worth P23.39M representing its excess input VAT traced to its zero-rated sales of electricity to the National Power Corp. for the period covering three quarters of 2002.
CTA.JUDICIARY.GOV.PH/
“At the outset, a tax credit or refund, like tax exemption, is strictly construed against the taxpayer,” the tribunal said. “The taxpayer claiming the tax credit or refund has the burden of proving that he is entitled to the refund or credit.” The country’s revenue code requires a taxpayer to indicate in its receipts that it is a VAT-registered entity. Receipts should also contain the entity’s Taxpayer Identification Number.KEPCO manages the Ilijan gas-fired power plant, which is the largest natural gas facility in the country. It gets its fuel from the Philippines’ only indigenous gas field.
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