May 15, 2019
REVENUE MEMORANDUM ORDER NO. 025-19
| SUBJECT | : | Policies and Procedures to Implement the Ninety (90)-Day Period to Process and Grant Claims for Value-Added Tax (VAT) Refund/Credit Pursuant to Section 112 of the National Internal Revenue Code of 1997, as Amended (Tax Code) |
| TO | : | All Internal Revenue Officials and Employees Concerned |
I. OBJECTIVES
1. To provide uniform policies and guidelines in the processing, verification, approval and payment of claims for VAT refund/credit, except those under the jurisdiction of the Legal Service; HTcADC
2. To prescribe the documents to be attached to a VAT refund/credit docket and the required notice to claimants; and
3. To define and delineate the duties and responsibilities of different offices, including the time frame to process, review, approve and pay the VAT refund/credit claims.
II. POLICIES AND PROCEDURES
A. Receipt of Claims for VAT Refund/Credit
1. The following processing offices shall receive claims for VAT refund/credit:
a. VAT Credit Audit Division (VCAD) — For claims of direct exporters pursuant to Section 112 (A) of the Tax Code, regardless of the percentage of export sales to total sales.
b. Revenue...
