BIR Form 2550Q - February 2007 (ENCS) Schedule 1
Schedule of Sales/Receipts and Output Tax (Attach additional sheet, if necessary) Amount of Sales/Receipts Industries Covered by VAT ATC For the Quarter
Page 2
Output Tax For the Quarter
To Item 15A/B Schedule 2 Purchases/Importation of Capital Goods (Aggregate Amount Not Exceeding P1 Million) (Attach additional sheet, if necessary) Date Amount Description Input Tax Purchased (Net of VAT) (A) (B) (C) (D)
Total (To Item 21A/B) Schedule 3 Purchases/Importation of Capital Goods (Aggregate Amount Exceeds P1 Million) (Attach additional sheet, if necessary) A) Purchases/Importations This Quarter Allo Allowa wabl ble e Inpu Inputt Bala Balanc nce e of Inpu Inputt Tax Tax Recognized Life to be carried to Date Amount Input Tax ( I n M o n t h s ) * Tax for the Period Est. Life Description (in months) Useful life or 60 mos. (Cx10%) Next Period Purchased (Net of VAT) (whichever is shorter) (D) less (G) (A) (B) (C ) (D) ( E) (F) (G) (H)
Total (To Item 21C/D) B) Purchases/Importations Previous Quarters Date Purchased (A)
Description (B)
Amount (Net of VAT) (C )
Recognized Life (In Balance of Input Est. Life Months) Tax from (in months) Previous Period Remaining Life (D) ( E) (F)
Allo Allowa wabl ble e Inpu Inputt Tax for the Period
Bala Balanc nce e of Inpu Inputt Tax Tax
*
to be carried to Next Period
(G)
(D) less (G) (H)
Total C) Total Input Tax Deferred for future period from current and previous purchases (To Item 23A) * - D divided by F multiplied by Number of months in use during the quarter Schedule 4 Input Tax Attributable to Sale to Government Input Tax directly attributable to sale to government Add: Ratable portion of Input Tax not directly attributable to any activity: Taxable sales to government Amount of Input Tax not x Total Sales directly attributable Total Input Tax attributable to sale to government Less: Standard Input Tax to sale to government Input Tax on Sale to Govt. closed to expense (To Item 23B) Schedule 5 Input Tax Attributable to Exempt Sales Input Tax directly attributable to exempt sale Add: Ratable portion of Input Tax not directly attributable to any activity: Taxable exempt sale Amount of Input Tax not x Total Sales directly attributable Total Input Tax attributable to exempt sale (To Item 23C) Schedule Schedule 6 Tax Withheld Withheld Claimed Claimed as Tax Credit Credit (Attach additional additional sheets, if necessary) necessary) Period Name of Withholding Agent Income Payment Total Applied Covered Tax Withheld Previous 2 mos. Current mo.
Total (To Item 26B) Schedul Schedule e7 Period Name of Miller Covered
Total (To Item 26C) Schedule Schedule 8 Period Covered
Total (To Item 26D)
Schedul Schedule e of Advance Advance Paymen Paymentt (Attach (Attach addition additional al sheets, sheets, if necess necessary ary)) Name of Taxpayer Official Receipt Amount Applied Number Paid Previous 2 mos. Current mo.
VAT Withheld Withheld on Sales to Government Government (Attach additional additional sheets, if necessary) necessary) Name of Withholding Agent Income Payment Total Applied Tax Withheld Previous 2 mos. Current mo.
BIR Form 2550Q - February 2007 (ENCS) ALPHANUMERIC TAX CODES (ATC) 1. 2.
3.
INDUSTRIES COVERED BY VAT
ATC
Mining and Quarrying Manufacturing 2.1 Tobacco 2.2 Alcohol 2.3 Petroleum 2.4 Automobiles 2.5 Non-Essentials (Excisable Goods) 2.6 Cement 2.7 Food Products and Beverages 2.8 Pharmaceuticals 2.9 Flour 2.10 Sugar 2.11 Pesticides 2.12 Others (General) Non Life Insurance
VQ010
4.
INDUSTRIES COVERED BY VAT
VM 040 VM 110 VM 120 VM 130 VM 140 VM 030 VM 020 VM 150 VM 050 VM 160 VM 100 VM 010 VB 113
5. 6. 7.
8.
Lending Investors/Dealer In securites/ Pawnshops/Pre-need Co./ Construction Wholesale & Retail Hotel & Restaurants 7.1 Hotels, Motels 7.2 Restaurants, Caterers Transport Storage and Communications 8.1 Land Transport-Cargo 8.2 Water Transport-Cargo 8.2.1 Domestic Ocean Going Vessels 8.2.2 Inter Island Shipping Vessels 8.3 Air Transport-Cargo 8.4 Telephone & Telegraph 8.5 Radio/TV Broadcasting
ATC VB 102 VC 010 VT 010 VB100 VB101 VB105 VB106 VB 107 VB108 VB109 VB 111
INDUSTRIES COVERED BY VAT 8.6 Other Franchise 9. Real Estate, Renting & Business Activity 9.1 Sale of Real Property 9.2 Lease of Real Property 9.3 Sale/Lease of Intangible Property 10. Compulsory Social Security Public Administration & Defense 11. Other Community Social and Personal Service Activity 12. Others: 12.1 Storage & Warehousing 12.2 Business Services (In General) 12.3 Importation of Goods
Page 3 ATC VB 112
VP 100 VP 101 VP 102 VD 010 VH 010
VS 010 VB 010 VI 010
(To be filled up by the BIR) DLN:
Quarterly Value-Added Tax Return
Republika ng Pilipinas Kagawaran ng Pananalapi
Kawanihan ng Rentas Internas
1 2
2 41
9 9 0
2
0
2550Q
(Cumulative For 3 Months)
Fill in all applicable spaces. Mark all appropriate boxes with an “X”. 1 For the Calendar Fiscal 2 Quarter x Year Ended ( MM / YYYY ) 6 TIN
PSIC:
BIR Form No.
1st
1 0
2nd 7 RDO
27 6
3rd
From
X 4th
43B
8
1 0 To 12 No. of sheets 04 attached 08
February 2007 (ENCS) 4 Amended Return?
01 1 0 3 1 1 0 93 Line 1 of
Code 10 Taxpayer's Name (For Individual)Last Name, First Name, Middle N ame/(For Non-individual) Registered Name
Yes 5 Short Period Return? X No
Business 11
Telephone Number
643-3266
12 Registered Address
13
Zip Code
1605
Warehouse 3A, 100 Concepcion St., Buting, Pasig City If yes, specify No
Part II
15 16 17 18 19 20
21
22 23
24 25 26
27 28
No
CINEMATOGRAPHIC FILM PROCESSING
Opticolors, Inc.
14 Are you availing of tax relief under Special Law or International Tax Treaty? Yes
Yes
Computation of Tax (Attach additional sheets, if necessary)
Sales/Receipts for the Quarter (Exclusive of V Vatable Sales/Receipt- Private (Sch.1) 15A 11,943,500.30 15B Sale to Government 16A 16B Zero Rated Sales/Receipts 17 Exempt Sales/Receipts 18 174,472.25 Total Sales/Receipts and Output Tax Due 19A 12,117,972.55 19B Less: Allowable Input Tax 20A Input Tax Carried Over from Previous Quarter 20A 20B 20B Input Tax Deferred on Capital Goods Exceeding P1Million from Previous Quarter 20C 20C Transitional Input Tax 20D 20D Presumptive Input Tax 20E 20E Others 20F 20F Total (Sum of Item 20A, 20B,20C,20D &20E) Current Transactions Purchases 21A/B Purchase of Capital Goods not exceeding P1Million (see sch.2) 21A 21B 21C/D Purchase of Capital Goods exceeding P1Million (see sch.3) 21C 21D 21E/F Domestic Purchases of Goods Other than Capital Goods 21E 2,181,386.58 21F 21G/H Importation of Goods Other than Capital Goods 21G 21H 21I/J Domestic Purchase of Services 21I 2,446,206.08 21J 21K/L Services rendered by Non-residents 21K 21L 21M Purchases Not Qualified for Input Tax 21M 21N/O Others 21N 21O 21P Total Current Purchases (Sum of Item 21A,21C,21E,21G,21I,21K,21M&21N) 21P 4,627,592.67 Total Available Input Tax (Sum of Item 20F, 21B,21D,21F,21H,21J,21L&21O) 22 Less: Deductions from Input Tax 23A Input Tax on Purchases of Capital Goods exceeding P1Million deferred for the succeeding period (Sch.3) 23A 23B 23B Input Tax on Sale to Govt. closed to expense (Sch.4) 23C 23C Input Tax allocable to Exempt Sales (Sch.5) 23D VAT Refund/TCC claimed 23D 23E Others 23E 23F Total (Sum of Item 23A, 23B,23C,23D & 23E) 23F Total Allowable Input Tax (Item 22 less Item 23 F) 24 Net VAT Payable (Item 19B less Item 24) 25 Less: Tax Credits/Payments 26A Monthly VAT Payments - previous two months 26A 26B Creditable Value-Added Tax Withheld (Sch. 6) 26B 26C Advance Payments for Sugar and Flour Industries (Sch.7) 26C 26D VATwithheld on Sales to Government (Sch.8) 26D 26E VAT paid in return previously filed, if this is an amended return 26E 26F 26F Advance Payments made (please attach proof of payments - BIR Form No. 0605) 26G 26G Others 26H Total Tax Credits/Payments (Sum of Item 26A,26B,26C,26D,26E, 26F & 26G) 26H Tax Still Payable/(Overpayment)(Item 25 less Item 26H) 27 Add: Penalties Surcharge Interest Compromise 28A 28B 28C 28D
29 Total Amount Payable/(Overpayment) (Sum of Item 27 & 28D)
Output Tax Due for the Quarter 1,433,220.04
1,433,220.04
-
261,766.39 293,544.73
555,311.12
555,311.12 877,908.92 327,908.79
327,908.79 550,000.13
29
550,000.13
I declare, under the penalties of perjury, that this return has been made in good faith, verified by me, and to the best of my knowledge, and belief, is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.
Samuel B. Ojoylan, Jr.
30
31
President/Vice President/Principal Officer/Accredited Tax Agent/ Authorized Representative/Taxpayer (Signature Over Printed Name)
Chief Accountant
112-831-549
Title/ Position of Signatory
TIN of Signatory
Tax Agent Acc. No./Atty's Roll No.(if applicable)
Date of Issuance
Part III Drawee Bank/ Agency
Particulars
32 Cash/Bank 32A Debit Memo 33 Check
33A
34 Tax Debit emo 35 Others
Number 32B
BDO
33B
34A 35A
35B
Title/Position of Signatory
Date of Expiry
TIN of Signatory
Details of Payment Date MM DD YYYY 32C
231996
Treasurer/Assistant Treasurer (Signature Over Printed Name)
33C
34B 35C
Amount
Receiving Office/AAB and Date of Receipt
32D
01 18 2011
33D
Stamp of
PHP 550,000.13
34C 35D
Machine Validation (if filed wi th an accredited agent bank)/Revenue Official Receipt Details (If not filed with an Authorized Agent B ank)
(RO's Signature/ Bank Teller's Initial)
