Extended deadline for filing of VAT refund claims with VCAD falling due on September 30, 2021; suspension of the 90-day processing period

Extended deadline for filing of VAT refund claims with VCAD falling due on September 30, 2021; suspension of the 90-day processing period

(Revenue Memorandum Circular Nos. 101-2021 issued on September 21, 2021)

This Tax Alert is issued to inform all concerned taxpayers on the extension on filing deadline of VAT refund with the VAT Credit Audit Division (VCAD) originally due on September 30, 2021 and the suspension of the 90-day processing period.

The VCAD is temporarily closed until October 3, 2021 in compliance with existing health protocols for the mitigation of COVID-19 pandemic. Hence, the deadline for application of VAT refund claims falling due on September 30, 2021 shall be extended until October 15, 2021.

Moreover, the 90-day processing period of all VAT refund claims pending with VCAD is also suspended during the VCAD temporary closure.