About these ads
//
archives

RMC 52-2013

This tag is associated with 1 post

RMC 52-2013: Clarifying the Validity of Unused/Unissued Principal and Supplementary Receipts/Invoices Printed Prior to January 18, 2013

On August 13, 2013, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 52-2013,  for another clarification on the validity of unused/unissued principal and supplementary receipts/invoices printed prior to January 18, 2013 and other matters.  Among the matters clarified are:

  • Principal and supplementary receipts/invoices with Authority to Print (ATP) prior to January 1, 2011 shall no longer be valid as of August 31, 2013.
  • No deduction from gross income shall be allowed and input tax may not be claimed for such receipts.
  • Principal and supplementary receipts/invoices with ATP from January 1, 2011 to January 17, 2013 may be used until October 31, 2013, provided new APT was issued or or before August 30, 2013, the term “valid until October 31, 2013 only” shall be stamped prominently.
  • Application for new ATP filed after April 30, 2013 is deemed to have been filed out of time and subject to a penalty of One Thousand pesos (Php1,000).
  • A certified true copy of the ATP shall be included as attachment in any application for tax clearance.  Non-submission of ATP shall be a ground for non-issuance of tax clearance for whatever purposes. Continue reading
About these ads
About these ads

Join the Social Network

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 1,170 other followers

Need an Accounting System?

Post Archives

Site Views

  • 355,545 views
Follow

Get every new post delivered to your Inbox.

Join 1,170 other followers