BIR RELIEF

Summary List of Sales and Purchases

WHAT IS RELIEF?
Reconciliation of Listings for Enforcement.
created by BIR to capture the monthly summary
of sales, purchases and importations required to
be submitted by VAT-registered taxpayers on a
quarterly basis in magnetic form based on a
prescribed electronic format.
The consolidation and matching of information
with other externally sourced data will detect
underdeclaration of revenues/overdeclaration of
expenses resulting in greater tax potential.

MAIN FEATURES
Data maintenance of Sales, Purchases and
Importations
Data import / export capability across multiple
PCs
Purging and Archiving facility
Database back-up and recovery facility
Reports generation

Who are required to submit

Summary List of Sales?
All VAT taxpayers are required to submit the
quarterly summary list of sales (SLS).

The requirement previously applies to VATregistered taxpayers with total quarterly

sales/ receipts (net of VAT) exceeding P2.5
M

Who are required to submit

Summary List of Purchases?
All VAT taxpayers are required to submit the
quarterly summary list of purchases (SLP).

The requirement previously applies to VATregistered taxpayers with total quarterly

total purchases (net of VAT) exceeding
P1M.

What are the Summary Lists

required to be submitted?
a) Quarterly Summary List of Sales to Regular
Buyers/Customers and Casual Buyers/Customers
and Output Tax;
b) Quarterly Summary List of Local Purchases and
Input tax; and
c) Quarterly Summary List of Importation

Who are "Casual

Buyers/Customers?
buyers/customers who are engaged in business/
exercise of profession
but did not qualify as regular buyers/customers,
the amount of individual transaction is P 100,000
or more but did not qualify as regular

Who are "Regular

Buyers/Customers?
buyers/customers who are engaged in business or
exercise of profession
with whom the taxpayer has transacted at least
six (6) transactions in the previous year or current
year, regardless of the amount of sale per
transaction.

What are the contents of the

Quarterly Summary List of Sales?
a) BIR Registered Name of the Buyer who is
engaged in business/exercise of profession
b) TIN of the Buyer for sales subject to VAT
c) Exempt Sales
d) Zero-Rated Sales
e) Sales Subject to VAT (exclusive of VAT)
f) Output Tax (VAT on Sales)

What are the contents of the Quarterly

Summary List of Local Purchases?
a) BIR Registered Name of the Seller/Supplier/Service
Provider
b) Address of Seller/Supplier/Service Provider
c) Taxpayer Identification Number (TIN) of the Seller
d) Exempt Purchases
e) Zero-Rated Purchases
f) Purchases Subject to VAT (Exclusive of VAT) -
On Services
On Capital Goods
On Goods and Other than Capital Goods
g) Creditable Input Tax
h) Non-Creditable Input Tax

What are the contents of the Quarterly

Summary List of Importations?
a)
b)
c)
d)
e)
f)
g)
h)

Import Entry Declaration Number

Assessment /Release Date
Date of importation
Name of Seller
Country of Origin
Dutiable Value
All Charges Before release from the Customs' Custody
Landed Cost:
Exempt
Taxable (Subject to VAT)
i) VAT Paid
j) Official Receipt (OR) No. of the Official Receipt Evidencing
Payment of the Tax
k) Date of VAT Payment

What are the contents of the Quarterly

Summary List of Importations?
a)
b)
c)
d)
e)
f)
g)
h)

Import Entry Declaration Number

Assessment /Release Date
Date of importation
Name of Seller
Country of Origin
Dutiable Value
All Charges Before release from the Customs' Custody
Landed Cost:
Exempt
Taxable (Subject to VAT)
i) VAT Paid
j) Official Receipt (OR) No. of the Official Receipt Evidencing
Payment of the Tax
k) Date of VAT Payment

When and where will taxpayers file/submit

SLSP?
to the RDO or LTDO or LTAD having jurisdiction
over the taxpayer on or before the twenty-fifth
(25th) day of the month following the close of
each taxable quarter.

How to file/submit the

SLSP?
can be submitted manually to BIR office in
magnetic form using 3.5 inch floppy diskette, CD
or USB following the format provided under
Section 4.114 of RR No.16-2005 together with the
accomplishedVAT RELIEF transmittal form.
Through electronic filing facility for taxpayers
under the jurisdiction of Large Taxpayers Service
(LTS) and those enrolled under the EFPS. The VAT
relief dat files can be emailed
toesubmission@bir.gov.phsubject for verification
and approval of BIR.

PENALTY
(RR 16-2005)
Administrative Penalty
P 1,000 - For each failure to file, keep or supply the required
documents
Aggregate amount not to exceed P 25,000 for the taxable year
Criminal Penalty
Willful failure to keep any record or to supply the information at
the time or times required shall be subject to the criminal
penalty under the Tax Code of 1997.
*Compromise on such violation SHALL NOT relieve the violating
taxpayer from the obligation to submit the required documents.