REVENUE REGULATIONS NO. 11-2002 issued on August 8, 2002 extends the deadline for the submission of the application for revalidation of issued permits to establishments subject to Excise Tax and prescribes an appeal mechanism for disapproved applications. The new deadline for filing the application for revalidation shall be on or before October 31, 2002. Only those permits prescribed in the Regulations that have been issued as of July 31, 2002 shall be required to be surrendered and revalidated. In cases where the Evaluation Committee disapproves the application for revalidation, the applicant may appeal to the Commissioner or his duly authorized representative such adverse decision not later than three (3) days after actual receipt of notice of disapproval. Pending resolution of the appeal, the permit subject to appeal shall be considered valid until the decision thereon has been issued