Deferring the Implementation of RR No. 9-2021, which Amended RR No. 16-2005, as Amended, to Implement the Imposition of 12% VAT on Certain Transactions

July 21, 2021 REVENUE REGULATIONS NO. 15-2021 SUBJECT : Deferring the Implementation of Revenue Regulations (RR) No. 9-2021, which Amended RR No. 16-2005, as Amended, to Implement the Imposition of Twelve Percent (12%) Value-Added Tax (VAT) on Transactions Covered by Section 106 (A) (2) (a), Subparagraphs (3), (4) and (5), and Section 108 (B), Subparagraphs (1) and (5), Both of the National Internal Revenue Code (NIRC) of 1997, as Amended TO : All Internal Revenue Officials, Employees and Others Concerned In view of the continuing COVID-19 pandemic and its impact to the export industry, the implementation of Revenue Regulations (RR) No. 9-2021 dated June 9, 2021 is hereby deferred until the issuance of an amendatory revenue regulations. This Regulations shall take effect immediately. ASEcHI (SGD.) CARLOS G. DOMINGUEZ Secretary of Finance Recommending Approval: (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue