ABC Corporation is a domestic corporation engaged in land transport business. It had the following data for April 2021: RECEIPTS P1,600,000 Transport of passengers Transport of cargoes 2,400,000 PURCHASES Gas, oil & materials for the transport of passengers 300,000 Gas, oil & materials for the transport of cargoes 600,000 All amounts are exclusive of applicable tax. How much is the VAT payable for the month of April? ABC Corporation is a domestic corporation engaged in land transport business. It had the following data for April 2021: RECEIPTS P1,600,000 Transport of passengers Transport of cargoes 2,400,000 PURCHASES Gas, oil & materials for the transport of passengers 300,000 Gas, oil & materials for the transport of cargoes 600,000 All amounts are exclusive of applicable tax. How much is the VAT payable for the month of April