BIR Ruling No. 320-2022

REPUBLICOFTHE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENTF.INANCE

Quezon City

Certificate of Tax Exemption No:

NSH- 320 -2 022

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

entity engaged by the National Housing Authority (NHA)1, is exempt from project-related delivery of 313 socialized lotsin the project: Dologon Paglaum Village Phase II located at income taxes and creditable withholding tax pursuant to Section 20 d(1) of Republic Act Amendments dated July 17,2016,on its income received directly in connection with the (RA) No. 7279,as amended by RA No.10884 (Balanced Housing Development Program This certifies that Zi 9 BUILDERS AND SUPPLIES (TIN: , an

P3,199,200.003. those qu lified for relocation under RA No. 7279. Moreover, the delivery of the said 313 does n exceed P1,919,500.00 per lot or P3,199,200.00 per house a:1 lot package; provided house and lot and other residential dwelli with selling price of not more than socialized lots shall be exempt from value-added tax (VAT) pursuant to Section 109 (1)(P) of the National Internal Revenue Code of 1997,as amended,provided that the elling price thereof further, that beginning January 01,2021, the exemption from VAT shall only apply to sale of Dologon, Maramag, Bukidnon, intended fe the informal settlers living in danger zones and

be understood that Zi 9 BUILDERS AND SUPPLIES must issue VAT Exempt official receipts on its gross receipts from the said socialized housing project. be subject to VAT,even if the said purchases are to be used for the socialized housing project since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall However,the purchases of goods/articles by Zi 9 BUILDERS AND SUPPLIES, shall

that the facts are different, then this Certificate shall be considered null and void. documents as represented and submitted. However if upon invstigation, the BIR ascertains This Certificate of Tax Exemption is being issued on the basis of the facts and

Issued this day of JUN 2 9 2022

K-1-JAC Commissioner of Internal Revenue ESAR R. DULAY 0 S 052156

1 Per Contract Agreement dated December 9,2019 (date acknowledged by Zi 9 Builders and Supplies) and December 12, 2 Sale of lot only, regardless of the price, shall be subject to VA st.:, ting January 01, 2021 pursuant to RA No. 10963 3 As adjusted using the 2010 Consumer Price Index values per Revenue Regulations (RR) No. 8-2021 dated June 11, 2021 2019(date acknowledged by NHA