Question 1

Which of the following items is subject to vat on importation to an individual who is intending to settle
in the Philippines?

Household effects

Professional instruments

Vehicles

Personal effects

Question 2

Which agricultural produce is exempt from vat?

Rubber

Copra

Abaca hemp

Firewood

Question 3

Which of these is taxable with vat on importation?

Butterfly fish

Blue marlin

Pink salmon

Yellowfin tuna

Question 4
Which agricultural product is vat exempt on importation?

Wood

Charcoal

Lumber

Corn

Question 5

Which is subject to value added tax?

Cut sheep meat

Sheep

Sheep wool

All of these

Question 6

The importation of which transport medium is exempt from vat?

Neither

Land

Both

Sea or air

Question 7

Which is a qualified exempt importation?

Importation be a cooperative of farm equipment

Importation of marine food products

 Importation by a cooperative of rice

Importation of books

Question 8

Which is subject to vat on importation?

Coffee bean

Wheat

Cocoa

Barley

Question 9

Which is vatable on importation?

Tobacco leaves

Tea leaves

Chinese cabbage

Cayenne pepper

Question 10

Which of these agricultural products is not considered as being in its original state?

Ordinary salt

Copra

Refined sugar

Muscovado sugar