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    Maritime Industry Authority Advisory No 2017-17

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    PortCalls
    The Maritime Industry Authority (Marina) has adopted guidelines for Philippine domestic shipping owners and operators to follow when applying for an endorsement from the Department of Finance (DOF) that will allow them to avail of value-added tax (VAT) exemption under the National Internal Revenue Code (NIRC). Marina administrator Marcial Quirico Amaro III, in Marina Advisory (M.A.) No. 2017-17, said the guidelines were adopted “in the interest of the service and after consultation with the Department of Finance, to ensure that only qualified domestic ship owner/operator may avail of the incentives granted under RA (Republic Act) 9337, particularly the exemption from the payment of value-added tax (VAT) on the sale, importation or lease of passenger or cargo vessels, including engine, equipment and spare parts thereof for domestic or international transport operations.”

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Maritime Industry Authority Advisory No 2017-17

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    PortCalls
    424 views3 pages
    The Maritime Industry Authority (Marina) has adopted guidelines for Philippine domestic shipping owners and operators to follow when applying for an endorsement from the Department of Finance (DOF) that will allow them to avail of value-added tax (VAT) exemption under the National Internal Revenue Code (NIRC). Marina administrator Marcial Quirico Amaro III, in Marina Advisory (M.A.) No. 2017-17, said the guidelines were adopted “in the interest of the service and after consultation with the Department of Finance, to ensure that only qualified domestic ship owner/operator may avail of the incentives granted under RA (Republic Act) 9337, particularly the exemption from the payment of value-added tax (VAT) on the sale, importation or lease of passenger or cargo vessels, including engine, equipment and spare parts thereof for domestic or international transport operations.”

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    Maritime Industry Authority Advisory No 2017-17

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    The Maritime Industry Authority (Marina) has adopted guidelines for Philippine domestic shipping owners and operators to follow when applying for an endorsement from the Department of Finance (DOF) that will allow them to avail of value-added tax (VAT) exemption under the National Internal Revenue Code (NIRC). Marina administrator Marcial Quirico Amaro III, in Marina Advisory (M.A.) No. 2017-17, said the guidelines were adopted “in the interest of the service and after consultation with the Department of Finance, to ensure that only qualified domestic ship owner/operator may avail of the incentives granted under RA (Republic Act) 9337, particularly the exemption from the payment of value-added tax (VAT) on the sale, importation or lease of passenger or cargo vessels, including engine, equipment and spare parts thereof for domestic or international transport operations.”

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    424 views3 pages

    Maritime Industry Authority Advisory No 2017-17

    Uploaded by

    PortCalls
    The Maritime Industry Authority (Marina) has adopted guidelines for Philippine domestic shipping owners and operators to follow when applying for an endorsement from the Department of Finance (DOF) that will allow them to avail of value-added tax (VAT) exemption under the National Internal Revenue Code (NIRC). Marina administrator Marcial Quirico Amaro III, in Marina Advisory (M.A.) No. 2017-17, said the guidelines were adopted “in the interest of the service and after consultation with the Department of Finance, to ensure that only qualified domestic ship owner/operator may avail of the incentives granted under RA (Republic Act) 9337, particularly the exemption from the payment of value-added tax (VAT) on the sale, importation or lease of passenger or cargo vessels, including engine, equipment and spare parts thereof for domestic or international transport operations.”

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    " ..

    REPUBLIC OF THE PHILIPPINES "


    DEPARTMENT OF TRANSPORTATION AND COMMUNICATIONS
    ,
    MARITIME INDUSTRY AUTHORITY

    14 August 2017

    MARINA ADVISORY NO. 201 ~~"17


    Series of 2017

    TO ALL SHIPOWNERS/BAREBOAT CHARTERERS/SHIP


    OPERATORS/SHIP MANAGERS WITH PHILIPPINE
    REGISTERED SHIPS AND ALL CONCERNED

    SUBJECT GUIDELINES FOR THE ISSUANCE j OF DEPARTMENT OF


    FINANCE (OOF) ENDORSEMENT" TO AVAIL OF VAT
    EXEMPTION GRANTED UNDER REPUBLIC ACT (RA) NO. 9337,
    AMENDING THE NATIONAL INTERNAL REVENUE CODE OF
    1997

    In the interest of the service and after consultation with the Department of Finance, to
    ensure that only qualified domestic ship owner/operator may avail of the incentives
    granted under RA 9337, particularly the exemption from the payment of Value Added
    Tax (VAT) on the sale, importation or lease of passenger or cargo vessels, including
    engine, equipment and spare parts thereof for domestic or international transport
    operations, the following guidelines is hereby adopted:

    I. Who may avail of the incentives:

    Only MARINA-accredited domestic ship owners/operators may avail of the


    incentives under the RA 9337.

    11. Definition of terms:

    a. "Domestic Shipping" shall mean the transport of passengers or cargo, or


    both, by ships duly registered and licensed under Philippine law to engage
    in trade and commerce between Philippine ports and within Philippine
    territorial or internal waters, for hire" or compensation, with general or
    limited clientele, whether permanent, occasional or incidental, with or
    without fixed routes, and done for contractual or commercial purposes.'

    1 Republic Act No. 9295

    Page 1 of3

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    Parkview Plaza
    984 Taft Avenue corner T.M. Kalaw
    Tel. NoS,. : (632) 523-8660 I (632) 526-0971 '
    Fax No. i : (632) 524-2895
    1QOO Ermita Manila, Philippines Websit~ : www.marina.gov.ph
    b. "Domestic Ship Operator" or "Domestic Ship Owner" may be used
    interchangeably and shall mean a citizen of the Philippines, or a
    commercial partnership wholly owned by Filipinos, or a corporation at least
    sixty percent (60%) of the capital of which is owned by Filipinos, which is
    duly authorized by the Maritime Industry Authority (MARINA) to engage in
    the business or domestic shippinq."

    c. "Importation" shall mean the direct purchase, lease or charter of newly


    constructed or previously owned ships, or the ipurchase of ship's spare
    parts from foreign sources or from registered enterprises operatinq in
    special economic zones as this term is definedin Republic Act NQ. 7916
    entitled, "The Special Economic Zone Act. of 19~5.3 .

    d. "Special Economic Zones (SEZ)" - hereinafter referred to as the


    '::COZONES, shall mean selected areas With highly developed or. which
    have the potential to be developed into [agro-industrial, Industrial
    tourist/recreational, commercial: banking, investment and financial centers.
    An ECOZONE may contain any or all of the following: Industrial Estates
    (IEs), Export Processing Zones (EPZs), Free Trade Zones, and
    1"ourist/Recreational Centers."

    Ill. Limitations in the availment of incentives:

    VAT Exemption may be granted on the following transactions:

    a. Sale, importation or lease of passenger vessels of five hundred (500)


    gross tons and above and not more than fifteen I (15) years old at the time
    of acquisition counted from the date of the vessel's original
    commissioning;

    b. Sale, importation or lease of cargo vessels of one hundred fifty (150) gross
    tons and above and not more than fifteen (15) years old at the time of
    acquisition counted from the date of the vessel'soriqinal commissioning;

    c. Sale, importation or lease of tanker vessels of not more than ten (10)
    years old; and,
    I

    d. Sale, importation or lease of high-speed passenger vessels of net more


    than five (5) years old.

    2 Republic Act No. 9295


    3 Republic Act No. 9295
    4 Republic Act No. 7916

    Page 2 of3
    , '

    e. Sale and importation of engine, equipment and :spare parts of passenger


    or cargo thereof for domestic or international transport operations

    IV. Whereto file application

    All applications for issuance of DOFendorsement for VAT exemption on the


    on the sale, importation or lease of passenger or carqo vessels and aircraft,
    including engine, equipment and spare parts thereof shall be filed with the
    Domestic Shipping Service, MARINA Central Office.

    v. Filing of application for OOF Endorsement and Qualification Certificate

    The application for the issuance of OOF Endorsement and Qualification


    Certificate shall be filed simultaneously with the application for the issuance of
    Authority to Import.

    VI. OOf Endorsement

    Once the MARINA is satisfied with. all the requirements submitted by the
    applicant and has determined that the applicant is [entitled for the incentives
    under RA 9337, it shall be issued a Qualification Certificate attesting that the
    applicant possesses the qualifications for availment of VAT-Exemption and
    shall endorse the application with the DOF.

    For information and guidance.

    Date of Publication: August 17, 2017


    Business Mirror"
    Date of Submission to ONAR:

    Page 3 0[3

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