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 Q uest i on: O n e o f t h e f ol l ow i n g i s requ i red t o i ssu e recei p t s o r sal esi n voi ce Sel l er of mer chan di sew hosesales amou n t edt oP 25 or mor e Market vend ors excl u si vel y sel l i n g d omest i c meat, veget ab l es, f ru i ts, p ou l t ry , sh an d ot h er f oo d p rodu cts Sell er w h oi sexem pt edb yt h ecommi ssi onof I n t erna l R evenuei n meritori ou scases S el l er of mer cha n di se w h ose sal es amou n t ed t o l ess t h anP 25

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Tax Review Question

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Question: One of the following is required to issue receipts or sales invoiceSeller of merchandise whose sales amounted to P25 or moreMarket vendors exclusively selling domestic meat, vegetables, fruits, poultry, fish and other food productsSeller who is exempted by the commission of Internal Revenue in meritorious casesSeller of merchandise whose sales amounted to less than P25