A B C D E F G H I J K L M N O P Q R S T U V W X Y Z AA ABACADAEAFAGAH AI

1 (To be filled up by the BIR)

2 DLN: PSIC:
3 0 4 2 0 20
Monthly Value-Added Tax BIR Form No.

2550M
4 Republika ng Pilipinas
5 Kagawaran ng Pananalapi
6
7
Kawanihan ng Rentas Internas Declaration February 2007 (ENCS)
8 Fill in all applicable spaces. Mark all appropriate boxes with an “X”.
9 1 For the Month of (MM/YYYY) 2 Amended 3 Number of sheets 0 1
10 0 4 2 0 2 0 Return Yes X No attached
11 Part I B ackg ro u n d In f o rmat io n
12 4 TIN 5 RDO Line of Business6
13 124 785 879 Code 0 4 8 WHOLESALE AND RETAIL
14 7 Taxpayer's Name (For Individual)Last Name, First Name, Middle Name/(For Non-individual) Registered Name 8 Telephone Number
15 ABC Company
16 9 Registered Address 10 Zip Code
17 Room 123, XYZ Building, Guadalupe Viejo, Makati City 1211
18
19 11 Are you availing of tax relief under Special Law If yes, specify
20 or International Tax Treaty? Yes X No
21 Part II Computation of Tax (Attach additional sheets, if necessary)
22 Sales/Receipts for the Month (Exclusive of VAT) Output Tax Due for the Month
23 12 Vatable Sales/Receipt- Private (Sch.1) 12A 4,300,000 12B 516,000
24 13 Sales to Government 13A 13B
25 14 Zero Rated Sales/Receipts 14 2,400,000
26 15 Exempt Sales/Receipts 15 2,600,000
27 16 Total Sales/Receipts and Output Tax Due 16A 8,300,000 16B 516,000
28 17 Less: Allowable Input Tax
29 17A Input Tax Carried Over from Previous Period 17A
30 17B Input Tax Deferred on Capital Goods Exceeding P1Million from Previous Period 17B
31 17C Transitional Input Tax 17C
32 17D Presumptive Input Tax 17D
33 17E Others 17E
34 17F Total (Sum of Item 17A,17B,17C,17D &17E) 17F
35 18 Current Transactions Purchases
36 18A/B Purchase of Capital Goods not exceeding P1Million (see sch.2) 18A 18B
37 18C/D Purchase of Capital Goods exceeding P1Million (see sch.3) 18C 18D
38 18E/F Domestic Purchases of Goods Other than Capital Goods 18E 1,800,000 18F 216,000
39 18G/H Importation of Goods Other than Capital Goods 18G 230,000 18H 27,600
40 18I/J Domestic Purchase of Services 18 I 1,070,000 18J 128,400
41 18K/L Services rendered by Non-residents 18K 18L
42 18M Purchases Not Qualified for Input Tax 18M 280,000
43 18N/O Others 18N 18O
44 18P Total Current Purchases (Sum of Item 18A,18C,18E,18G,18I,18K,18M&18N) 18P 3,380,000
45 19 Total Available Input Tax (Sum of Item 17F,18B,18D,18F,18H,18J,18L & 18O) 19 372,000
46 20 Less: Deductions from Input Tax
47 20A Input Tax on Purchases of Capital Goods exceeding P1Million
48 deferred for the succeeding period (Sch.3) 20A
49 20B Input Tax on Sale to Govt. closed to expense (Sch.4) 20B
50 20C Input Tax allocable to Exempt Sales (Sch.5) 20C 74,790.36
51 20D VAT Refund/TCC claimed 20D 157,185.54
52 20E Others 20E
53 20F Total (Sum of Item 20A,20B,20C,20D & 20E ) 20F 231,975.90
54 21 Total Allowable Input Tax (Item19 less Item 20F) 21 140,024.10
55 22 Net VAT Payable (Item 16B less Item 21) 22 375,975.90
56 23 Less: Tax Credits/Payments
57 23A Creditable Value-Added Tax Withheld (Sch. 6) 23A
58 23B Advance Payments for Sugar and Flour Industries (Sch.7) 23B
59 23C VATwithheld on Sales to Government (Sch.8) 23C
60 23D VAT paid in return previously filed, if this is an amended return 23D
61 23E Advance Payments made (please attach proof of payments - BIR Form No. 0605) 23E
62 23F Others 23F
63 23G Total Tax Credits/Payments (Sum of Item 23A,23B,23C, 23D, 23E & 23F) 23G
64 24 Tax Still Payable/(Overpayment) (Item 22 less Item 23G) 24 375,975.90
65 25 Add: Penalties Surcharge Interest Compromise
66 25A 25B 25C 25D
67
68 26 Total Amount Payable/(Overpayment) (Sum of Item 24 and 25D) 26 375,975.90
69 I declare, under the penalties of perjury, that this return has been made in good faith, verified by me, and to the best of my knowledge, and belief,
70 is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.
71
72 27 28
73 President/Vice President/Principal Officer/Accredited Tax Agent/ Treasurer/Assistant Treasurer
74 Authorized Representative/Taxpayer (Signature Over Printed Name)
75 (Signature Over Printed Name)
76
77
78 Title/Position of Signatory TIN of Signatory Title/Position of Signatory
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81 Tax Agent Acc. No./Atty's Roll No.(if applicable) Date of Issuance Date of Expiry TIN of Signatory
82 Part III Details of Payment
83 Drawee Bank/ Date
84 Particulars Agency Number MM DD YYYY Amount Stamp of
85 29 Cash/Bank 29A 29B 29C 29D Receiving Office/AAB
86 Debit Memo................................................................................………………… and Date of Receipt
87 30 Check 30A 30B 30C 30D (RO's Signature/
88 31 Tax Debit 31A
Bank Teller's Initial)
31B 31C
89 Memo ............………………..
90 32 Others 32A 32B 32C 32D
91
92 Machine Validation (if filed with an accredited agent bank)/Revenue Official Receipt Details (If not filed with an Authorized Agent Bank)

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 A B C D E FG H I J K L M N O P Q R S T U V W X Y Z AA AB AC AD AE AFAGAH AI AJ AK AL
5 BIR Form 2550M - February 2007 (ENCS) Page 2
6 Schedule 1 Schedule of Sales/Receipts and Output Tax (Attach additional sheet, if necessary)
7 Industries Covered by VAT ATC
Amount of Sales/Receipts Output Tax
8 For the Period For the Period
9 VAT-ON BUSINESS
VAT-ON SERVICE-IN
REGULAR SALES GENERAL VB
VT010
010 4,300,000 516,000
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11
12
13 To Item 12A/B
14 Schedule 2 Purchases/Importation of Capital Goods (Aggregate Amount Not Exceeding P1 Million) (Attach additional sheet, if necessary)
15 Date Amount
Description Input Tax
16 Purchased (Net of VAT)
17 (A) (B) (C) (D)
18
19
20
21
22 Total (To Item 18A/B)
23 Schedule 3 Purchases/Importation of Capital Goods (Aggregate Amount Exceeds P1 Million) (Attach additional sheet, if necessary)
24 A) Purchases/Importations This Period
25 Recognized Life Allowable Input Balance of Input Tax
26 Date Amount Input Tax (In Months) Tax for the Period to be carried to
Description Est. Life (in months)
27 Purchased (Net of VAT) (Cx12%) Useful life or 60 mos. (D) divided by (F) Next Period
28 (whichever is shorter) (D) less (G)
29 (A) (B) (C ) (D) (E) (F) (G) (H)
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31
32
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34 Total (To Item 18C/D)
35 B) Purchases/Importations Previous Period
36 Balance of Input Recognized Life (In Allowable Input Balance of Input Tax
37 Date
Description
Amount
Tax from Previous Est. Life (in months) Months)
Tax for the Period to be carried to
38 Purchased (Net of VAT) (D) divided by (F) Next Period
39 Period Remaining Life (D) less (G)
40 (A) (B) (C ) (D) (E) (F) (G) (H)
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42
43
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45 Total
46 C) Total Input Tax Deferred for future period from current and previous purchases (To Item 20A)
47 Schedule 4 Input Tax Attributable to Sale to Government
48 Input Tax directly attributable to sale to government
49 Add: Ratable portion of Input Tax not directly attributable
50 to any activity:
51 Taxable sales to government Amount of Input Tax not
52 Total Sales x directly attributable
53 Total Input Tax attributable to sale to government
54 Less: Standard Input Tax to sale to government
55 Input Tax on Sale to Govt. closed to expense (To Item 20B)
56 Schedule 5 Input Tax Attributable to Exempt Sales
57 Input Tax directly attributable to exempt sale 66,000
58 Add: Ratable portion of Input Tax not directly attributable
59 to any activity:
60 Taxable exempt sale Amount of Input Tax not 45,600 8,790.36
61 Total Sales x directly attributable
62 Total Input Tax attributable to exempt sale (To Item 20C) 74,790.36
63 Schedule 6 Tax Withheld Claimed as Tax Credit (Attach additional sheets, if necessary)
64 Period Name of Withholding Agent Income Payment Total Tax Withheld Applied
65 Covered Current mo.
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68
69
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71 Total (To Item 23A)
72 Schedule 7 Schedule of Advance Payment (Attach additional sheets, if necessary)
73 Period Name of Miller Name of Taxpayer Official Receipt Amount Paid Applied
74 Covered Number Current mo.
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80 Total (To Item 23B)
81 Schedule 8 VAT Withheld on Sales to Government (Attach additional sheets, if necessary)
82 Period Name of Withholding Agent Income Payment Total Tax Withheld Applied
83 Covered Current mo.
84
85
86
87
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89 Total (To Item 23C)

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94 BIR Form 2550M - February 2007 (ENCS) Page 3
95 ALPHANUMERIC TAX CODES (ATC)
96 INDUSTRIES COVERED BY VAT ATC INDUSTRIES COVERED BY VAT A ATC INDUSTRIES COVERED BY VAT ATC
97 1. Mining and Quarrying VQ010 4. Lending Investors/Dealer In securites/ VB 102 8.6 Other Franchise VB 112
98 2. Manufacturing Pawnshops/Pre-need Co./ 9. Real Estate, Renting &
99 2.1 Tobacco VM 040 5. Construction VC 010 Business Activity
100 2.2 Alcohol VM 110 6. Wholesale & Retail VT 010 9.1 Sale of Real Property VP 100
101 2.3 Petroleum VM 120 7. Hotel & Restaurants 9.2 Lease of Real Property VP 101
102 2.4 Automobiles VM 130 7.1 Hotels, Motels VB100 9.3 Sale/Lease of Intangible Property VP 102
103 2.5 Non-Essentials (Excisable Goods) VM 140 7.2 Restaurants, Caterers VB101 10. Compulsory Social Security
VD 010
104 2.6 Cement VM 030 8. Transport Storage and Communications Public Administration & Defense
105 2.7 Food Products and Beverages VM 020 8.1 Land Transport-Cargo VB105 11. Other Community Social and VH 010
106 2.8 Pharmaceuticals VM 150 8.2 Water Transport-Cargo Personal Service Activity
107 2.9 Flour VM 050 8.2.1 Domestic Ocean Going Vessels VB106 12. Others:
108 2.10 Sugar VM 160 8.2.2 Inter Island Shipping Vessels VB 107 12.1 Storage & Warehousing VS 010
109 2.11 Pesticides VM 100 8.3 Air Transport-Cargo VB108 12.2 Business Services VB 010
110 2.12 Others (General) VM 010 8.4 Telephone & Telegraph VB109 (In General)
111 3. Non Life Insurance VB 113 8.5 Radio/TV Broadcasting VB 111 12.3 Importation of Goods VI 010