APPLYING
FOR TAX DEBIT MEMO (TDM)
A
Tax Debit Memo, or the TDM, is the legal
authority issued by the CENTER authorizing
the use of a TCC as a payment to customs
duties and taxes at the Bureau of Customs
or internal revenue obligations of the
holder at the Bureau of Internal Revenue.
A TDM issued to a TCC holder authorizes
the use of the TCC equivalent to the
amount needed by the claimant as shown
by supporting documents. It has a validity
period of sixty (60) calendar days from
date of official transmittal to the
BOC or release to the claimant’s
authorized representative for payment
to the BIR. The TCC Issuance and Application
Division (TCCIAD) of the CENTER is the
group tasked to process TDM applications.
Documentary Requirements for
TDM Application
A company which intends to use its TCC
at the BIR or the BOC should submit
an application letter printed on the
company’s official letterhead
signed by the company officer authorized
under the claimant’s Secretary’s
Certificate on file at the CENTER, and
the TCC/s subject of the request, along
with the following documents:
1. For payment of advance duties
and taxes at the BOC:
1.1 Certified true copy of the Import
Entry Declaration (IED);
1.2 Proforma Invoices; and
1.3 Other applicable documents showing
the details of the importation and the
assessment therein.
2.
For payment of final duties and taxes
at the BOC:
2.1 Certified true copy of the Import
Entry and Internal Revenue Declaration
(IEIRD); and
2.2 Other applicable documents showing
the details of the importation and the
assessment therein.
3.
For payment of national tax, except withholding
tax, at the BIR:
3.1 Original or certified true copy of
the BIR form to be filed; and
3.2 Other applicable supporting documents
such as the company’s audited Financial
Statement for payment of corporate income
tax return for a given period, etc. In
case of TCCs partially used at the BOC,
the CENTER shall retrieve the same from
the BOC upon the claimant’s filing
of the TDM request.
