RMO No. 32-99 — Pre cribe the policie , guideline and procedure for the conver ion of data proce ing in Accredited Agent Bank from New Payment Control Sy tem to Limited Bank Data Entry/Electronic Data Tran mi ion Dige t
REVENUE MEMORANDUM ORDER NO. 32-99 issued April 20, 1999 prescribes the policies, guidelines and procedures for the conversion of data processing of Accredited Agent Banks (AABs) from New Payment Control System (NPCS) to Limited Bank Data Entry/Electronic Data Transmission (LBDE/EDT). AABs who are unable to shift from NPCS to LBDE/EDT on scheduled rollout date will be temporarily suspended from accepting tax payments in behalf of the BIR. On the other hand, AABs who are able to convert to LBDE but without EDT capability will be allowed to transmit payment data through diskettes as an interim procedure only on an exemption basis. A grace period of one month from rollout date will be given to AAB branches to resolve their readiness problems and comply with the EDT requirements. If an AAB branch is still unable to meet the said requirements, the BIR may opt to disaccredit the concerned AAB branch. AABs which opted to use the clustering concept of LBDE/EDT payment transmission should have to notify the BIR in writing, through their respective Revenue Data Center, at least one week before the rollout date.
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.