TABLE OF VAT-EXEMPTED TRANSACTIONS:

TRANSACTION: ACTIVITIES: SECTION:

Sales By agricultural cooperatives duly registered with the CDA 109 (L)

By non-agricultural, non-electronic, and non-credit cooperatives duly registered with CDA, Provided; the share capital contribution of each member does not exceed P15,000 109 (N)

Of real property not primarily held for sale to customers or held for lease in the ordinary course of business, or real property for low-cost and socialized housing, house and lot, and 109 (P)
other residential dwelling with selling price of not more than 2Million Pesos

Of gold to BSP 109 (Z)

Of drugs and medicines prescribed for diabetes, high cholesterol, and hypertension 109 (AA)

Importation Of personal and household effects belonging to (1) residents of the Philippines returning from abroad; and (2) non-resident citizens coming to resettle in the Philippines 109 (C)

Of professional instruments and implements, tools of trade, occupations or employment, wearing apparel, domestic animals and personal household effects, belongs to persons 109 (D)
coming to settle in the Philippines or Overseas Filipinos for their own use and Not for Barter or Sale

By agricultural cooperatives of direct farm inputs, machineries and equipment 109 (L)

Of fuel, goods and supplies by persons engaged in international transport operations 109 (U)

Sales or Importation Of agricultural and marine products in their original state. 109 (A)

Of fertilizers; seeds, seedlings and fingerlings; fish, prawn, livestock and poultry feeds, except Specialty Feeds. 109 (B)

Of passenger or cargo vessels and aircraft, including engine, equipment and spare parts thereof for domestic or international transport operations 109 (T)

Export Sales By persons who are not VAT-registered 109 (O)

Lease Of a residential unit with a monthly rental not exceeding P15,000 109 (Q)

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 Of passenger or cargo vessels and aircraft, including engine, equipment and spare parts thereof for domestic or international transport operations 109 (T)

Sales or Lease Of goods and services to senior citizens and persons with disability 109 (W)

Sale, Importation, Printing or Of books and newspaper, magazine, review or bulletin which appears at regular intervals with fixed prices for subscription and sale and is not devoted principally to publication of 109 (R)
Publication paid advertisements.

Services Subject to percentage tax 109 (E)

By agricultural contract growers and milling for others of palay into rice, corn into grits and sugarcane into raw sugar. 109 (F)

Medical, dental, hospital and veterinary services, except those rendered by professionals 109 (G)

Educational services rendered by private educational institutions duly accredited by DepEd, CHED, and TESDA; and those rendered by governmental educational institutions 109 (H)

Rendered pursuant to an employer-employee relationship 109 (I)

Rendered by Regional or Area Headquarters (RAHQ) established in the Philippines 109 (J)

Gross receipts from lending activities by credit or multi-purpose cooperatives duly registered with the CDA 109 (M)

Transport of passengers by international carriers 109 (S)

Of banks, non-banks financial intermediaries performing quasi-banking functions and other non-bank financial intermediaries. 109 (V)

Transfer Of property pursuant to Section 40(C)(2), NIRC (Tax free exchanges) 109 (X)

Transactions exempt under international agreements or special laws, except those under PD 529 (Petroleum Concessionaires) 109 (K)
Others

Association dues, membership fees, and other assessments and charges collected by homeowners associations and condominium corporations 109 (Y)

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Sales or Lease or Services Other than the transactions mentioned in the preceding paragraphs, the gross annual sales and/or receipts do not exceed the amount of 3Million Pesos 109 (BB)