Tag: Maibarara Geothermal Inc
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Supreme Court Shocker: Renewable Energy Developers No Longer Need DOE Endorsement for VAT Refunds!
In a groundbreaking decision, the Supreme Court has declared that renewable energy developers do not require an endorsement from the Department of Energy to claim VAT refunds. This ruling came after the court’s Third Division reviewed a case brought by Maibarara Geothermal, Inc., which sought a refund exceeding PHP80 million for the year 2013. The…
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