Tax Alert No. 30 [Revenue Regulations (RR) No. 6-2022 dated 30 June 2022]

Removal of Five (5)-year Validity Period on Receipts/Invoices

RR No. 6-2022 has been issued to remove the five (5)-year validity of receipts and invoices. The issuance of said RR is in line with Republic Act (RA) 11032 otherwise known as the “Ease of Doing Business and Efficient Government Service Delivery Act of 2018”  which aims to improve, streamline and reduce financial burden of taxpayers.

The issued regulation covers taxpayers who will apply for the following (1) authority to print (ATP) official receipts (ORs), sales invoices (SIs), and other commercial invoices (CIs) based on Revenue Memorandum Order (RMO) No. 12-2013; (2) Registration of computerized accounting system (CAS)/components of CAS based on Revenue Memorandum Circular (RMC) No. 10-2020, RMC No. 5-2021 and RMO No. 9-2021, and (3) permit to use (PTU) cash register machines (CRMs) and point-of-sale (POS) machines based on RR No. 11-2004 and RMO No. 10-2005.

With the 5-year validity period removed, all PTUs to be issued shall be valid unless revoked by the Bureau of Internal Revenue (BIR) on meritorious grounds.  

The 5-year validity period is no longer required to be indicated at the bottom portion of manual or system-generated receipts/invoices.

The transitory provisions in the RR provide that for manual receipts/invoices with ATP, the 5-year validity period shall be disregarded, and said manual receipts/invoices may still be used until fully exhausted. However, in the case of subsequent printing of these receipts/invoices, the 5-year validity period shall no longer be indicated.

For receipts/invoices generated from CAS or from components of CAS with PTU or AC, or from CRMs and POS machines with PTU that were previously approved, the receipts/invoices that were issued indicating the 5-year validity period shall be disregarded. However, re-configuration must be done to the system/software used in generating the receipts/invoices to omit the previously required 5-year validity period.

All regulations, rules, orders or portions thereof contrary to the provisions of RR No. 06-2022 are repealed, amended or modified accordingly.

You may access the full version of the Revenue Regulation through the BIR website.