Issuance of Sales Receipt or Invoice in a Candy Stand

May 6, 1959 BIR RULING NO. 221-59 Mr. Federico Tong Ideal Theater M a n i l a S i r : In your letter dated April 23, 1959, you requested exemption from the requirement of issuing sales receipts or invoice for your sales of candies, biscuits, chewing gums and other confectioneries in your candy stand. You also requested that instead of issuing sales receipts or invoices you be allowed to continue recording your sales of said articles in your record of petty sales. In reply, I have the honor to inform you as follows: It appears that most of the sales you make in your candy stand range from ten centavos to twenty centavos. In other words, the bulk of your sales of confectioneries, taken singly, do not exceed P2.00. For each sale of the aforementioned confectioneries not exceeding P2.00, no receipt or invoice need be issued. But, such sale must, upon receipt of the purchase price, be recorded immediately in your petty sales book the entries of which shall be summarized at the end of each day and the total thereof shall be entered in your journal or internal revenue sales or receipts book not later than five o'clock in the afternoon of the day following the date the sale was made. (Secs. 6 & 14, Rev. Regs. No. V-1, as amended). You should however, always issue a sales receipt for each sale you make valued at P2.00 or more. cdll Your requests are, therefore, granted subject to the foregoing conditions. Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue