RMC No. 27-2020 — Extends the deadline for the filing of applications for VAT Refund and ninety (90) day processing period pursuant to Section 112 of the Tax Code of 1997, as amended by RA No. 10963 (TRAIN Law)

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

March 17,2020

REVENUE MEMORANDUM CIRCULAR N 27-2020

SUBJECT EXTENDING THE DEADLINE FOR THE FILING OF

APPLICATIONS FOR VAT REFUND AND NINETY (90) DAY

(TRAIN LAW) TAX CODE OF 1997, AS AMENDED BY THE R.A. NO. 10963 PROCESSING PERIOD PURSUANT TO SECTION 112 OF THE

TO All Internal Revenue Officers and Others Concerned

currently being evaluated by the authorized processing offices is also unattainable. Moreover, complying with the ninety (90)-day processing period for those claims that are order of President Rodrigo Roa Duterte, which provides for the Enhanced Community Code of 1997, as amended, for those falling due on March 31, 2020 has become unviable. Quarantine over Luzon, the filing of VAT refund claims pursuant to Section 112 of the Tax Pursuant to the Memorandum of the Executive Secretary dated March 16, 2020, by

In view thereof, the following guidelines shall be observed:

1. Filing of VAT refund application covering the quarter ending March 31, 2018 can still be accepted until April 30, 2020;

2. The 90-day period of processing VAT refund claims by the processing offices for from March 16 to April 14, 2020 is suspended and that the counting of the number of processing days shall resume after the lifting of the "community quarantine" those claims that are currently being evaluated and for those that may be received issued by the President.

All are enjoined to give this Circular a wide publicity as possible.

1gesa

8URFAUO Commissioner of Internal Revenue CAESAR R. DULAY

MAR 18 2020 HE 30.00 033624

RECOROS MGT DIVISION