BIR Removes 5 Year-Validity, Autho. to Print on O.R

By Mortz C. Ortigoza

URDANETA CITY, Pangasinan – Businessmen in the Philippines would find themselves to have more ease in dealing with their clients after the government removed the five–year validity period of the permit to use (PTU) and authority to print (ATP) of the official receipt (O.R).

According to Revenue District Office No. 6 Chief Maria Bernadette Mangaoang, Republic Act 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018 removed the following clauses after President Rodrigo Duterte signed it into law in June 30, 2022:

·         The phrase “THIS INVOICE/RECEIPT SHALL BE VALID FOR 5 YEARS FROM THE DATE OF PERMIT TO USE (PTU) ON THE SYSTEM GENERATED RECEIPTS AND INVOICES" shall be omiitted”;

·         The phrase “THIS INVOICE/RECEIPTS SHALL BE VALID FOR 5 YEARS FROM THE DATE OF AUTHORITY TO PRINT (ATP) IN THE MANUAL RECEIPTS” in the manual receipts and invoices shall be omitted, and;

·         The validity date on existing and unused manual receipts and invoices shall be disregarded and still be used until fully exhausted.

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