BIR Ruling [DA-186-03]

June 16, 2003 BIR RULING [DA-186-03] Sec. 204 BIR Ruling No. 1-2002 Ms. Juanita Simplicia I. Baldomero c/o DMC Urban Property Developers, Inc. 2/F, Dacon Bldg., 2281 Chino Roces Ave. Makati City M a d a m : This refers to your letter dated February 22, 2002, requesting for waiver of compromise penalties for failure to file VAT returns and pay the taxes due thereon within ten (10) days after the end of each month pursuant to Revenue Regulations No. 6-2001. It is represented that you were not guided by the new schedule; that you thought that the filing of VAT returns and payment of taxes due thereon is still within 25 days after the end of each month; that it is your responsibility to file the return and pay the taxes due thereon; that any penalty for failure to file on time will be chargeable to you; and that you are only a simple employee earning a minimum wage and that the amount of P1,000.00 penalty is a big burden on your budget. In reply, please be informed that except for those who availed of the electronic filing and payment (EFPS), Revenue Regulations No. 6-2001 does not provide for any other exception to the required period of ten (10) days for filing of various tax returns and payment of taxes due thereon. Accordingly, your request for waiver of compromise penalties for failure to file VAT returns and pay the taxes due thereon on time cannot be granted for lack of legal basis (BIR Ruling No. 1-2002 dated January 9, 2002) . TcADCI Very truly yours, Commissioner of Internal Revenue By: (SGD.) JOSE MARIO C. BUAG Deputy Commissioner Legal & Inspection Group