revenue_memorandum_order RMO No. 56-2010RMO No. 56-2010 2010-06-16

RMO No. 56-2010 — Allows the use of updated medium for the submission of Summary List of Sales and Purchases Digest | Full Text | Annex A-1 | Annex A-2

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE June 16, 2010 REVENUE MEMORANDUM ORDER NO. 56-2010 SUBJECT Use of Updated Medium for Submitting the Summary List of Sales and Purchases (SLSP) TO All Revenue Officials, Employees and Others Concerned ______________________________________________________________________________ I. Objectives In order to facilitate taxpayers' compliance with BIR's information requirements, the use of updated Information Technology equipment and peripherals shall be allowed. This Order is being issued to amend certain provisions of RMO No. 4-2003, relative to the medium for submission of Summary List of Sales and Purchases. II. Amendatory Provisions A. Paragraph 3, Section I (Background) of RMO 4-2003, shall be amended as follows: "The RELIEF System shall cover all VAT taxpayers above threshold limits set by RR 8-2002 to submit Summary List of Sales and Purchases in a "removable storage media" based on prescribed electronic format" B. Item I, Section III (Definition of Terms) shall be amended to: " Removable Storage media refers to 3.5 inch floppy diskette, universal serial bus (USB) flash drives, compact disc (CD)/digital video disc (DVD) " C. Item A.1 (1) and A.1 (3), Section V (Procedures) shall be amended to read as follows: "A.1 The Taxpayer Service Section shall: 1. Receive SLSP diskettes/ USB flash drives/ CDs/DVDs from VAT taxpayers together with duly filled out SLSP Acknowledgement Report (Annex A-1) in two copies. In case of replacement diskette/USB flash drive/CD/DVD, the previously filled out SLSP Acknowledgement Report must be re-submitted for easy reference". xxx xxx xxx 3. Assign control number in the SLSP Acknowledgement Report and record the taxpayer's information in the SLSP Register (Annex A-2). Assigning of control number ........" D. All terms affected by the said amendment shall be replaced accordingly.

III. REPEALING CLAUSE All other issuances and/or portions thereof that are inconsistent herewith are hereby repealed/modified or amended accordingly. IV. EFFECTIVITY This Order takes effect immediately. (Original Signed) JOEL L. TAN-TORES Commissioner of Internal Revenue F3-mbe Initials: MCDG ____ LCG _____ NMA _____

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