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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)

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Summary

RMC No. 27-2020, issued March 18, 2020, extends the deadline for filing Value-Added Tax (VAT) refund applications and suspends the ninety (90) day processing period under Section 112 of the Tax Code of 1997, as amended by RA No. 10963 (TRAIN Law).

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Key points

  1. Filing deadline. VAT refund applications covering the quarter ending March 31, 2018 are still accepted until April 30, 2020.
  2. Processing period suspended. The 90-day period for processing VAT refund claims is suspended. It covers claims now being evaluated and those received from March 16 to April 14, 2020.
  3. Resumption. The count of processing days resumes after the President lifts the community quarantine.

Who is affected

  • Taxpayers applying for VAT refund
  • VAT refund processing offices

Deadlines and effectivity

  • Quarter ending March 31, 2018: applications accepted until April 30, 2020
  • Processing suspension covers claims received March 16 to April 14, 2020

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.