RR 11-2024

RR No. 11-2024 (June 13, 2024) amends the transitory provisions of RR No. 7-2024 on deadlines for complying with the Invoicing Requirements under the Ease of Paying Taxes Act. Business taxpayers need not replace existing Certificates of Registration showing the Registration Fee, and no Annual Registration Fee is due. Unused Official Receipts may be used as supplementary documents if stamped 'THIS DOCUMENT IS NOT VALID FOR CLAIM OF INPUT TAX,' or may be converted into invoices by strikethrough and stamping, provided all required information is present; converted documents are valid for input tax claims from April 27, 2024 until fully consumed, while manual/loose leaf Official Receipts issued without a stamped 'Invoice' from that date are supplementary only and ineligible for input tax claims. An inventory of unused receipts/statements to be converted must be submitted by July 31, 2024. CRM/POS and e-receipting users may rename 'Official Receipt' to 'Invoice' as a minor enhancement, but CAS/CBA with AR users must update system registration; adjustments are due by December 31, 2024, extendable by up to six months with approval.