LOCAL VALUE ADDED (1993)
National Administrative Register [ GTEB CIRCULAR NO. 003, February 17, 1993 ]
The Board in its meeting of February 04, 1993 approved the following guiding rates for the purpose of Local Value Added (LVA) compliance in 1993;
EQ – 34% EA – 90%
For information and guidance, of all concerned.
Adopted: 17 Feb. 1993
(Sgd.) ATTY. AURORA MA. F. TIMBOL
Executive Director