RMC No. 51-2012 — Amends the deadline for the filing of Applications for Value-Added Tax (VAT) Tax Credit Certificates (TCCs) Monetization Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City August 31, 2012 REVENUE MEMORANDUM CIRCULAR No. 51-2012 SUBJECT : Amending Revenue Memorandum Circular No. 47-2012 on the Deadline for the Filing of Applications for Value-Added Tax (VAT) Tax Credit Certificates (TCCs) Monetization TO : All Revenue Officials, Employees and Others Concerned The pertinent portion of Revenue Memorandum Circular No. 47-2012 is hereby amended to read as follows: "With reference to the above subject, it is informed that the deadline for the filing of any Application for VAT TCC Monetization shall be as follows: Type of TCC Filing Period For revalidated and unexpired TCCs July 17, 2012 up to September 15, originally issued in 2002 and 2003 2012 or the expiration of the TCC, whichever comes first For unexpired and/or revalidated TCCs July 17, 2012 up to October 17, 2012" originally issued in 2004 until April 11, 2012 All internal revenue officials, employees and others concerned are hereby enjoined to give this Circular as wide as publicity as possible. (Original Signed) KIM S. JACINTO-HENARES Commissioner of Internal Revenue