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Sale of real property in installments by a real estate dealer: Selling price P1,800,000 Zonal value 2,000,000 FMV 1,700,000 Payment on the consideration: July 1,2017

Sale of real property in installments by a real estate dealer:

Selling price P1,800,000

Zonal value 2,000,000

FMV 1,700,000

Payment on the consideration:

July 1,2017 (date of sale) 225,000

December 1, 2017 225,000

July 1, 2018 1,350,000

How to claim INPUT TAX?

image text in transcribed
Sale of real property in installments by a real estate dealer: Selling price P1,800,000 Zonal value 2,000,000 FMV 1,700,000 Payment on the consideration: July 1,2017 (date of sale) 225,000 December 1, 2017 225,000 July 1, 2018 1,350,000 When is Input VAT creditable

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