SC Clarifies Periods for Filing VAT Refund Claims with BIR
Manila: The Supreme Court (SC) on Wednesday provided clarification regarding the prescriptive periods for filing value-added tax (VAT) refund claims with the Bureau of Internal Revenue (BIR). According to Philippines News Agency, the tribunal’s Third Division ruled that for VAT refund claims filed before June 11, 2014, the 120-day period for the BIR to resolve these claims begins when the taxpayer determines that its submission of documents is complete. This decision arose from a case involving Dohle Shipmanagement Philippines Corporation, which sought a refund or credit for unutilized input VAT for the year 2012. Dohle initially filed its administrative claim