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Philippines Business Tax San Gabriel Corp., a VAT-registered entity with TIN of 123-456-789, located in Batangas City, had the following data for the first quarter

Philippines Business Tax

San Gabriel Corp., a VAT-registered entity with TIN of 123-456-789, located in Batangas City, had the following data for the first quarter of 2023 (Note: all amounts are net of VAT):

January

February

March

Local sales

P500,000

P1,200,000

P700,000

Export sales

600,000

400,000

500,000

Purchases

700,000

600,000

400,000

Other expenses

100,000

150,000

170,000

Required: Prepare a quarterly VAT Return (BIR Form 2550Q) from the information given. (Please include the actual date of submission in the attachment).

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