June 19, 2020
REVENUE REGULATIONS NO. 16-20
| SUBJECT | : | Regulations Further Suspending the Due Dates in the Application of the Ninety (90)-Day Period to Process Value Added Tax (VAT) Refund/Claim Pursuant to Section 112 of the Tax Code of 1997, as Amended by Republic Act (R.A.) No. 10963 (TRAIN Law) for Taxable Quarters Affected by the Declaration of the National State of Emergency |
| TO | : | All Internal Revenue Officers and Others Concerned |
BACKGROUND. Due to the unprecedented impact of the pandemic to business and government operations, taxpayers claiming for refund of unutilized input VAT find it difficult to complete the necessary documents relative to their VAT refund claim. Moreover, even for those with complete documents, the unavailability of appropriate mode of transportation to make possible the filing of such application is another problem. With these encountered complications, the filing of VAT application was extended pursuant to Revenue Regulations No. 11-2020 where taxpayer-claimants have thirty days from the lifting of quarantine to file their respective VAT refund claims.
However, considering that all three (3) quarters mentioned...
