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This Circular is hereby issued to reiterate the information  requirements  that must be shown on receipts/invoices/other commercial invoices generated from CRM/POS/software  pursuant to Revenue Regulations (RR) No. 10-2015 and RR No.  11-2004,  in  relation  to  RR  No.  16-2005  regarding  the  Value-Added  Tax (VAT) receipts/invoices.

Pursuant  to section 113(B) of the Tax code, as amended  and Sec. 4.113-1(B)  of  RR  No.  16-2005,  the  following  information  of purchaser,  customer  or client  must  be  indicated  on  the  VAT  receipts/invoices,  in  the  case  of  sales amounting to One thousand pesos (P1,000.00) or more and the sale is made to a VAT-registered person:

1.    Name of purchaser, customer or client;
2.    Address;
3.    Taxpayer Identification Number (TlN); and
4.    Business style, if any.

Hence, the abovementioned information must also be reflected on the receipts/invoices  generated  from  CRM/POS  machines;  otherwise,  if  the CRM/POS   is  not  capable   of  showing   the  said   requirements,   a  manually preprinted  receipts/invoices   with  approved  Authority  to  Print  (ATP)  must  be issued to the purchaser,  customer  or client based on the existing provisions  of the Bureau.

Further,  any  purchase  of  goods/services  with  receipts/invoices  generated from CRM/POS/software  are mandated to show the said requisites for the valid claim of input tax credit by VAT-registered  taxpayer, as provided by Section 4-110-8 of RR No. 16-2005 and in reference to Section 113 and 237 of the Tax Code.

Failure  to  comply  with  the  said  requirements  shall  be  subject  to corresponding penalties pursuant to RMO No. 7-2015 and other existing revenue issuances.

All internal revenue officials and employees are hereby enjoined to give this
Circular as wide as publicity as possible.