REVENUE MEMORANDUM CIRCULAR NO. 51-2012 issued on September 3, 2012 amends the deadline for the filing of any application for Value-Added Tax (VAT) Tax Credit Certificates Monetization, to wit:
| Type of TCC | Filing Period |
|---|---|
| For revalidated and unexpired TCCs originally issued in 2002 and 2003 | July 17, 2012 up to September 15, 2012 or the expiration of the TCC, whichever comes first |
| For unexpired and/or revalidated TCCs originally issued in 2004 until April 11, 2012 | July 17, 2012 up to October 17, 2012 |