The following can avail of the Input Tax Credit, except: a. Purchaser of services, lessee or licensee upon payment of compensation, rental, royalty or fee b. Exporter of goods and services registered under the VAT system C. Importer of goods/articles previously subjected to VAT O d. Purchaser of domestic goods upon consummation of the sale Which of the following VAT transactions are not considered zero-rated? a. Intercompany loans b. Sale of going concern c. Domestic sale of goods in the regular course of trade or business O d. Export sales of goods VAT is imposed: a. Directly on consumer O b. On final stage of production On first stage of production d. On all stages between production and final sale c