Amendments on the Use of Previously Registered VAT Invoices/Receipts
- Section 13 of RR No. 13-2018 is amended to set a deadline for the use of stamped Non-VAT invoices/receipts.
- Taxpayers may use a determined number of unused invoices/receipts with the approval of the appropriate BIR Office.
- Such documents must bear the prescribed Non-VAT stamping.
- Use of these invoices/receipts is allowed until either:
- The taxpayer receives newly-printed registered Non-VAT invoices/receipts, or
- August 31, 2018, whichever occurs first.
Inventory and Surrender of Previously-Stamped Documents
- Upon receipt of the new Non-VAT invoices/receipts, taxpayers are required to submit a new inventory list on the same day.
- Unused previously-stamped invoices/receipts must be surrendered for cancellation immediately upon receipt of newly-printed Non-VAT documents.
Repealing Clause
- All previous revenue issuances inconsistent with these amended provisions are revoked or modified accordingly.
Important Legal Concepts
- Emphasizes the transition from VAT to non-VAT registration under the TRAIN Law.
- Ensures proper documentation and control over invoices and receipts in the transitional period.
- Clarifies that stamped Non-VAT invoices/receipts are not valid for input tax claims.
- Imposes strict timelines for the use and surrender of documents to prevent tax compliance issues.