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RMC No. 54-2011 dated November 4, 2011 Imposition of VAT on Toll Fees

RMC No. 54-2011 dated November 4, 2011
Imposition of VAT on Toll Fees      

  

►   Quoted below is the En Banc resolution of the Supreme Court in the Motion for Reconsideration in G.R. No. 193007 dated August 23, 2011:
"G. R. No 193007 (Petition for Declaration Relief on Constitutionality of Imposition of VAT on Toll Fees with the Prayer for a Protective Cover for Road Users and Consumers, Renato V. Diaz and Aurora Ma. F. Timbol vs. The Secretary of Finance, et. al). - Acting on the Motion for Reconsideration (of the Decision dated July 19, 2011) dated August 1, 2011 filed by counsel for petitioners, the Court Resolved to DENY WITH FINALITY the said motion for reconsideration, as the basic issues raised therein have been passed upon by this Court and no substantial arguments we re presented to warrant the reversal of the questioned Decision."
*■    This En Banc resolution, therefore, states that Toll Fees are subject to VAT.




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