RMC No. 19-2017 — Amends Question and Answer to No. 12 of RMC No. 80-2010 regarding the issuance of Electronic Letters of Authority for Value-Added Tax credit/refund claims filed by direct exporters

REUJRLIC(OE TJEPIHINS

DIARTAENICFFINANCE BUREAU OY INTERNAL REVENUE

Quezon City

March 1,2017

REVENUE N.EMORANDUM CIRCULAR NO. 7.30

SUBJECT :A Amending Question and Answer to Number 12 of Revenue of Electronic Letters (eLA) for Value-Added Tax (VAT) Credit/ Memorandum Circular (RMC) No. 80-2010 Regarding the Issuance

Refund Claims Filed by Direct Exporters

I All Internal Revenue Officers and Others Concerned

Pursuant to Revenue Administrative Order No. 2-2014. the VAT Credit Audit

conducts field audit/verification of VAT credit/refund claims of direct exporters. Accordingly: the Question and Answer to No. 12 of RMC No. 80-2010 is hereby Division (VCAD), which is under the functional jurisdiction of the Assessment Service.

amended to read as follows:

Q12: What are the policies and procedures in the issuancc of eLA for VAT credit/refund claims filed with the VCAD?

Al2: The following policies and procedures shall be observed:

1. The Chief of the VCAD shall use the Electronic Letter of Authority Monitoring System (eLAMS) in requesting for the issuance of eLAs, as well

(CMS) of the Electronic Tax Information System (eTIS) is rolled-out in the as in updating of the status of the same, until the Case Management System National Office.

2. The Assistant Commissioner, Assessment Servicc shall be the authorized

approving official/signatory for eLAs issued covering VAT credit/refund claims filed with the VCAD.

All concerncd are hereby enjoined to be guided accordingly and give this Circular as wide a publicity as possible.

8g

1 BUREAU OF INTERNAL REVENIJE RECORDS MGT DIMICHN Commissioner of Internal Revenue CAESAR R. DULAY 004192

MAR 0 2 207 X

RTCEIVED