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RFQ No.GAD01022024Date02/09/2024REQUEST FOR QUOTATION AlternativeSmall Value [Sec 53.9] The Philippine Economic Zone Authority (PEZA) intends to undertake Small Value Procurement in accordance with Sec. 53.9 of the Updated 2016 Revised Implementing Rules and Regulations of the Republic Act No. 9184. Name of Project Description/Specifications Approved Budget for the Contract (ABC) Deadline of Submission of BidProcurement of IEC Materials for the National Womens Month Celebration Attached Annex...
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How to fill out alternative-small value sec 53
How to fill out alternative-small value sec 53
01
Begin by gathering all relevant documentation related to the alternative-small value transaction.
02
Ensure that you have the correct form for Section 53, specifying it is for alternative-small value.
03
Fill in the date of the transaction in the designated field.
04
Enter the names and details of the parties involved in the transaction.
05
Specify the nature of the transaction and provide a brief description.
06
Indicate the small value amount clearly, ensuring it aligns with the guidelines for alternative transactions.
07
Review the filled form for any errors or omissions.
08
Submit the completed form as per the provided instructions, including any necessary supporting documents.
Who needs alternative-small value sec 53?
01
Individuals or businesses involved in low-value transactions that require formal documentation.
02
Parties looking to claim an exemption or simplified process under regulations pertaining to low-value transactions.
03
Taxpayers needing to comply with specific filing requirements related to small value transactions.
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What is alternative-small value sec 53?
Alternative-small value sec 53 refers to a simplified reporting form used for small value transactions or assets that do not require extensive documentation, typically aimed at easing the filing process for individuals or entities.
Who is required to file alternative-small value sec 53?
Individuals or entities with small value transactions or holdings that fall under the threshold set by regulatory authorities are required to file alternative-small value sec 53.
How to fill out alternative-small value sec 53?
To fill out alternative-small value sec 53, one must provide basic information about the transaction or asset, including the value, date, and specific details requested on the form, ensuring all sections are completed accurately.
What is the purpose of alternative-small value sec 53?
The purpose of alternative-small value sec 53 is to streamline the reporting process for small transactions, reduce administrative burdens, and allow for easier compliance with regulatory requirements.
What information must be reported on alternative-small value sec 53?
The information that must be reported includes the total value of the transaction, identification of the assets involved, dates of transactions, and any other specific data requested on the form.
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