RMC No. 67-2025 — Circularizing Customs Memorandum Circular No. 113-2025, entitled "Implementation of Revenue Regulations No. 9-2025 which Implemented Section 295 (D) of the National Internal Revenue Code of 1997 (Tax Code), as Amended by Section 18 of Republic Act No. 12066 or the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREAT

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Bringing In Revenues for Nation-Building National Office Building Quezon City PILIPINAS BAGONG

JUL 0 3 2025

REVENUE MEMORANDUM CIRCULAR NO. 0 6_7 - 2 0 2 5

SUBJECT : Circularizing Customs Memorandum Circular No. 113-2025, entitled WHICH IMPLEMENTED SECTION 295 (D) OF THE NATIONAL SECTION 18 OF REPUBLIC ACT NO. 12066 OR THE CORPORATE RECOVERY AND TAX INCENTIVES FOR ENTERPRISES TO "IMPLEMENTATION OF REVENUE REGULATIONS NO. 09-2025 INTERNALREVENUE CODE OF 1997 (TAX CODE),AS AMENDED BY ECONOMY (CREATE MORE ACT) MAXIMIZE OPPORTUNITIESFOR REINVIGORATING THE

TO : All Internal Revenue Officers and Others Concerned

NO. 12066 OR THE CORPORATE RECOVERY AND TAX INCENTIVES FOR concerned, attached herein is the copy of Customs Memorandum Circular No. 113-2025, entitled "IMPLEMENTATION OF REVENUE REGULATIONS NO. 09-2025 WHICH IMPLEMENTED SECTION 295 (D) OF THE NATIONAL INTERNAL REVENUE CODE OF 1997 (TAX CODE),AS AMENDED BY SECTION 18 OF REPUBLIC ACT ENTERPRISES TO MAXIMIZE OPPORTUNITIES FOR REINVIGORATING THE ECONOMY (CREATE MORE ACT)." For the information and guidance of all internal revenue officials, employees and others

as wide a publicity as possible. All internal revenue officials and employees are hereby enjoined to give this Circular

.t Jon ssioner of Internal- Revenue 0 E1

K-1 RGA

BUREAU OF INTERNA! 5 EnU RECORDS MANAGEMENT DIVISION 2 1 S

JUL 0 3 2025

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BY: AOMIN UNIT - TIME: 3

BIR National Office Bldg., Senator Miriam Defensor-Santiago Avenue, Diliman, Quezon City Trunkline: 8981-7000 ; 8929-7676 Website: www.bir.gov.ph

BUrEAU OF CUStOMS DePartment oF Finance REPUBLIC OF THE PHILIPPINES

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02 June 2025

CUSTOMS MEMORANDUM CIRCULAR NO. 113- 2025 LBUREAUOEINTERNALREVENUE RECORRS MANAGFMENT DIVISION JUL 0 3 2025 Aofat 2 3 8

TO : ASSIStANt CoMMISSiONEr ALL dIStrICt ANd SUB-PORt COLLECtORS ALL OTHERS CONCERNED ALL DEPUTY COMMISSIONERS ALL DIRECTORS AND DIVISION CHIEFS BY 1x ADMIN UNIT"- h tiMe: 2OS 71

SUBJECT imPleMentAtion oF revenue reGulAtions no. 09. NO. 12066 OR THE "CORPORATE RECOVERY AND TAX 2025 WHICH IMPLEMENTED SECTION 295 (D) OF THE nATiONAl iNtErNAL ReVEnUE COde OF 1997 (TAX Code), As Amended By sectiOn 18 OF rePublic act INCENTIVES OPPORTUNITIES FOR REINVIGORATING THE ECONOMY" FOR ENTERPRISES TO MAXIMIZE

(CREATE MORE ACT)

by the Bureau of Internal Revenue (BIR) which took effect on 14 March 2025. Attached herewith is a copy of Revenue Regulations (RR) No. 09-2025 issued

enterprises'or non-Registered Business Enterprises (RBEs) are now considered "local dated 15 April 2025, clarified that sales of goods and services to domestic market sales", which fail outside the mandate of the BOG, and is now under the jurisdiction of Iin relation to the abovementioned RR, the Secretary of Finance, in a ietter

the BIR, for Value Added Tax (VAT) purposes.

Operations Group, BIR, with subject: Verification Mechanism for VAT on Local Sales goods locally sold by RBEs upon the presentation of BIR Form No. 0605, which appears to be valid on its face and is not visibly counterfeit. Thereafter, the concerned corresponding invoice, and any other relevant supporting documents, through electronic mail, for the conduct of post-verification checks and post audit. Customs Officer should promptly send the submitted Form to BiR with the of Registered Business Enferprises, the Bureau of Customs shall allow the release of Per Memorandum dated 22 May 2025 issued by the Deputy Commissioner,

appropriate duties, applicable taxes other than VAT, and other fees and/or charges on the imported raw materials sold or as component of the finished product, whose collection were suspended at the time of importation by the RBE. in doing so, please BOC Officers handling the release of the goods subject of iocal sale shall, collect the For clarity, however, aside from the presentation of BIR Form No. 0605, the

Gate 3, South Harbor, Port Area, Manila 1018 +63 {02) 8705-6000, +63 (02) 8527-1968 { www.customs.gov.ph j [email protected] Pagelofz

be guided by the provisions of Republic Act No. 10863, otherwise known as the Customs Modernization and Tariff Act, specifically Section 105 thereof, to wit:

"Section 105. Effective Date of Rate of Import Duty. -- Imported goods heading that are effective at the date of importation or upon withdrawal shall be subiect to the import duty rates under the applicable tariff

from the warehouse for consumption. In case of withdrawal from free

(Emphasis added) zones for introduction to the customs territory, the duty rate at the time of withdrawal shall be applicable on the goods originally admitted, whether withdrawn in its original or advanced form."

fees and/or charges thereon, with attached BIR Form No. 0605. materials and pay the corresponding duties, applicable taxes except VAT, and other Thus, the RBE shall make an appropriate goods declaration for such raw

respective offices and submit the necessary confirmation within fifteen (15) days from Teceipt hereof. For records purposes, please disseminate this circular throughout your

For your guidance and appropriate action.

BIENVEMDK RUBIC Commissior

BUREAU OF INTERNAL REVENUE RECORDS MANAGEMENT DIVISION s

JUL 0 3 2025

:Y Admin unit.e Rs 1tY5 32 3'0f

Gate 3, South Harbor, Port Area, Manila 1018 i3 {02] 8705-6000, +63 {0z} 8527-1963 | www.custom5.gov.ph { [email protected] Page 2 of z