RR 7-2024: Transitory Provision on Unused Official Receipts

Following the RR 7-2024 announcement, all businesses that use official receipts and would like to convert their unused official receipts to invoices must do so within 30 days (for manual receipts).

An invoice, under the guidelines of the Ease of Paying Tax Act (EOPT), serves as the principal documented proof of the sale of goods and services provided to customers. Official receipts are now considered supplementary documentation rather than primary invoices.

Outlined in the latest BIR Regulation RR 7-2024, which was issued on April 12, 2024, and became effective as of April 27, 2024, the following guidelines are applicable:

Sec.8 – 2.1: Taxpayer to continue the use of remaining Official Receipts as Supplementary Documents

• All unused or unissued Official Receipts may still be used as supplementary documents until fully consumed, provided that the phrase “THIS DOCUMENT IS NOT VALID FOR CLAIMING INPUT TAX” is stamped on the face of the document upon the effective date of RR 7-2024 (April 27, 2024).
• Taxpayers are required to have a principal/primary “Invoice” printed in addition to the above.

For example:

Sec.8 – 2.2: Taxpayer to convert and use the remaining “Official Receipts” as “Invoices”

For ease of doing business, taxpayers shall be allowed to strike through the phrase “Official Receipt” (e.g., Official Receipt) on the face of the manually and loose-leaf printed receipts and stamp “Invoice” to be issued as the Primary Invoice until December 31, 2024.

Taxpayers are required to submit a notification to the RDO where the head office or branch is registered within 30 days (until May 27, 2024).

• Submission of an inventory of unused official receipts, indicating the number of booklets and corresponding serial numbers, must also be completed within 30 days (until May 27, 2024).

Reference: RR No.7- 2024.pdf (bir.gov.ph)

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