Duty Exemption/VAT and Customs Duty Exemption on Importation of Capital Equipment, Raw Materials and Spare Parts or Accessories

These guidelines cover how to avail of VAT and customs duty exemption on importation of capital equipment, raw materials, spare parts or accessories by all BOI Registered Business Enterprises (RBEs). For Export Enterprises, this will involve their VAT and customs duty exemptions 17 years from date of registration, while for …