REVENUE REGULATIONS NO. RELIEF Program of the Bureau of Internal Revenue, and the. Title II, value-added tax (VAT). Download Relief Data Entry System for free. The Relief Data Entry System is a tool created by the Philippine's Bureau of Internal Revenue. Vat relief 2.1. Relief Data Entry System, Free Download by Bureau of Internal Revenue.

VAT RELIEF Information Update 2012 1) What is 'RELIEF'? RELIEF means Reconciliation of Listings for Enforcement. It supports the third party information program of the Bureau through the cross referencing of third party information from the taxpayers' Summary Lists of Sales and Purchases prescribed to be submitted on a quarterly basis.

2) Who are required to submit Summary List of Sales? Effective January 1, 2012 -, All VAT taxpayers are required to submit the quarterly summary list of sales (SLS).

The requirement previously applies to VAT-registered taxpayers with total quarterly sales/ receipts (net of VAT) exceeding P2.5 M. 3) Who are required to submit Summary List of Purchases? Effective January 1, 2012-, All VAT taxpayers are required to submit the quarterly summary list of purchases (SLP). The requirement previously applies to VAT-registered taxpayers with total quarterly total purchases (net of VAT) exceeding P1M. 4) What are the Summary Lists required to be submitted?

A) Quarterly Summary List of Sales to Regular Buyers/Customers and Casual Buyers/Customers and Output Tax; b) Quarterly Summary List of Local Purchases and Input tax; and c) Quarterly Summary List of Importation 5) Who are 'Casual Buyers/Customers? Casual Buyers/Customers refer to buyers/customers who are engaged in business/ exercise of profession but did not qualify as regular buyers/customers, the amount of individual transaction is P 100,000 or more but did not qualify as regular buyers/customers.

6) Who are 'Regular Buyers/Customers? They shall refer to buyers/customers who are engaged in business or exercise of profession with whom the taxpayer has transacted at least six (6) transactions in the previous year or current year, regardless of the amount of sale per transaction.

7) What are the contents of the Quarterly Summary List of Sales to Regular Buyers/Customers and Casual Buyers/Customers and Output Tax? The Quarterly Summary List of Sales to regular buyers/customers and casual buyers/customers and output tax shall indicate the following: a) BIR Registered Name of the Buyer who is engaged in business/exercise of profession b) TIN of the Buyer for sales subject to VAT c) Exempt Sales d) Zero-Rated Sales e) Sales Subject to VAT (exclusive of VAT) f) Output Tax (VAT on Sales) 8) What are the contents of the Quarterly Summary List of Local Purchases and Input Tax?

The Quarterly Summary List of Local Purchases and Input Tax shall indicate the following: a) BIR Registered Name of the Seller/Supplier/Service Provider b) Address of Seller/Supplier/Service Provider c) Taxpayer Identification Number (TIN) of the Seller d) Exempt Purchases e) Zero-Rated Purchases f) Purchases Subject to VAT (Exclusive of VAT) - On Services On Capital Goods On Goods and Other than Capital Goods g) Creditable Input Tax h) Non-Creditable Input Tax 9) What are the contents of the Quarterly Summary List of Importations? The Quarterly Summary List of Importations shall indicate the following: a) Import Entry Declaration Number b) Assessment /Release Date c) Date of importation d) Name of Seller e) Country of Origin f) Dutiable Value g) All Charges Before release from the Customs' Custody h) Landed Cost: Exempt Taxable (Subject to VAT) i) VAT Paid j) Official Receipt (OR) No. Of the Official Receipt Evidencing Payment of the Tax k) Date of VAT Payment 10) When and where will taxpayers file/submit the Quarterly Summary List of Sales and Purchases? The quarterly summary list of sales or purchases whichever is applicable shall be submitted to the RDO or LTDO or LTAD having jurisdiction over the taxpayer on or before the twenty-fifth (25th) day of the month following the close of each taxable quarter. Real World Terrain. 11) Can the VAT withheld and paid for the non-resident recipient, which VAT is passed on to the resident withholding agent by the non-resident recipient of the income, be claimed as an input tax? It can be claimed as an input tax by the said VAT registered Withholding Agent upon filing his own VAT return, subject to the rules on allocation of input tax among taxable, zero-rated and exempt sales.