September 30, 1993
REVENUE AUDIT MEMORANDUM ORDER NO. 2-93
I. SCOPE:
This order prescribes the guidelines for the processing and issuance of tax credit certificates (TCC) on value-added tax (VAT) credit claims of zero-rated taxpayers. cd i
II. ADMINISTRATIVE POLICIES:
1. That this RAMO shall exclusively be applicable to VAT claims for TCC of direct exporters on their purchases of goods and services filed at the One-Stop-Shop (Center-DOF). Claims for VAT refund shall be filed and processed at the BIR National Office under RAMO No. 1-91.
2. That claims processed under this RAMO shall not require a Letter of Authority (LA) from the Commissioner of Internal Revenue (CIR). However, claimants/taxpayers can still be subjected to the regular audit of its other business tax liabilities (non-VAT transactions) by the Revenue District Offices or any audit office authorized by the CIR.
3. That any outstanding delinquent account shall first be settled by the claimant before the TCC shall be issued either by agreeing to the issuance of a separate TCC that may be used only to pay the said account or by paying...
