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RMO No. 73-98: Prescribes the procedures for the processing of claims for value-added tax credit/refund by exempt/non-VATregistered taxpayers in the computerized RDOs.

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Summary

RMO No. 73-98 sets procedures for processing claims for value-added tax credit/refund by exempt or non-VAT registered taxpayers in computerized Revenue District Offices (RDOs).

Key points

  1. What can be claimed. Only VAT paid on equipment and facilities imported by non-VAT persons for business use is subject to tax credit/refund.
  2. Where claims go. The RDO having jurisdiction over the taxpayer accepts and evaluates claims from non-VAT registered taxpayers.

Who is affected

  • Exempt and non-VAT registered taxpayers in computerized RDOs

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

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