BIR allows VAT refunds for exporters pending zero-rating certification
Manila, Sept. 9 -- Qualified export-oriented enterprises (EOEs) may claim refunds on value-added tax (VAT) paid on eligible local purchases and importations while waiting for the issuance of their Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) VAT zero-rating certifications during the transitory period, the Bureau of Internal Revenue (BIR) said on Wednesday.
In a statement, the BIR said it issued a Revenue Memorandum Circular (RMC) on Sept. 7, amending the VAT refund guidelines under RMC 37-2025.
It covers VAT incurred on local purchases and importations attributable to qualified zero-rated sales beginning Nov. 28, 2024, and before the enterprise received its DTI-EMB certification, provided that the certification was...
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