A VAT-registered supplier sold goods amounting to P 500 000 gross selling price to a government-controlled corporation during a particular quarter. Which of the following statements is incorrect in relation to the sale of goods?

A. The sale is subject to withholding of final VAT.

B. The government-controlled corporation will withhold P 25 000 final VAT.

C. The government-controlled corporation shall remit withholding VAT to the BIR within 10 days following the end of the month the withholding was made.

D. The VAT-registered supplier may refuse the withholding of VAT as long as it is willing to pay the full 12% VAT.