Businessmen in Negros Occidental yesterday lauded the Bureau of Internal Revenue for extending the validity of the provisional accreditation for printers of official receipts, sales invoices, and other commercial invoices until October 31 from the Aug. 30 deadline as earlier ordered.
The extension was issued following complaints that BIR-accredited printers failed to service printing requests on time.
Originally, BIR ordered that the use of old receipts was only until April 30 of this year or 60 days before the initial deadline of using the old receipts, and failure to do so will mean a P1,000 penalty
However, Commissioner Kim Henares signed a Revenue Memorandum Order 44-2013, extending the deadline for the use of old receipts until August 30, to give time for businesses to have their new receipts printed by BIR-accredited printers.
In a new Revenue Memorandum Circular dated Aug. 15, BIR stressed that enterprises can still use their old receipts on two conditions.
The printing of the old receipts should be covered by an authority to print issued by the BIR on or after Jan. 1, 2011, which means receipts covered by ATPs older than that date will no longer be valid starting Aug. 31 and businesses should already have an authority to print new receipts from the BIR on or before Aug. 30.
BIR emphasized that enterprises that could not meet the two conditions will be required to use a new set of receipts starting Aug. 31.
Metro Bacolod Chamber of Commerce and Industry president, Frank Carbon, and Federation of Bacolod Filipino Chinese Chamber of Commerce honorary president Ben Ortega, said the extension of the use of old receipts is a welcome development.
Carbon and Ortega said most of them print their receipts in bulk that will be good for one to two years consumption rather than printing them monthly.
They said the usual practice of businessmen in Negros Occidental, as well as in other parts of the country, is to have their receipts printed in bulk to save on costs.*APN