CTA Case No. 5677 (Decision)

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY ' BENGUET CORPORATION, Petitioner, -versus - C.T.A. Case No. 5677 COMMISSIONER OF INTERNAL Promulgated: REVENUE and COMMISSIONER OF CUSTOMS, SEP 17 2001 /t~/17 tJ!YA~~A- Respondents x------ - - - ---- --- ------------ - --- --- ---- - ----------- - -- - ----x DECISION Thi s Petiti on fo r Review fil ed by herein Peti tio ner on September 30, 1998 invo lves a c laim for refund or tax credit in the aggregate amount of THIRTY THREE MILLION ri VE HUNDRED N INETY T HREE THOUSAND SEVEN HUN DR ED FOURT EEN & 2 11100 PESOS (P 33,593,7 14.2 1) alltgedl y rep resenting the excess creditabl e inpu t VAT paid by Petiti oner on its domesti c purchases and importation of cap ital good s for the peri od covering .July 1 to December 3 1, 1996. Peti tioner is a domestic corporation organi zed and existing under the laws of the Republi c of the Philippines. 1 It is registered w ith the Bureau of Interna l Reven ue as a VAT taxpayer p ursuant to the requirements of Section 107 of the National Interna l Revenue Code. as shown by the Certificate of Registration No. 94-4 10-002700 where in - .)

Deci s ion- CTA Case No. 5677 Page 2 Petitioner has been issued Registration No. 41 0-000-05'1-237-VAT on its sale of goods effective June 30,1994.2 On May 4, 1988, it obtained from the BIR an approval of its application for zero-rate on its sale of goods to persons or entities, which are effectively zero-rated .3 On October 21,1996 and January 20,1997, Petitioner filed its 1996 quarterl y VAT returns for the third quarter ended September 30,1996 and fourth quarter ended December 31, 1996 (CTA records, pp.138-140), respectively, but which Petitioner simultaneously amended on January 31 ,1997 (Exhibits A & B). In its amended 1996 third quarterly VAT return (Exhibit A), Petitioner reported an amount of P630,990,265. 86 zero-rated sales, taxable sales of PI56,318,482.20 with the related output VAT of P15,631 ,848.22, total input VAT of P26,63 1,903.84 paid on domestic purchases of goods/services and importation of goods and an excess input VAT ofP11,000,055.62, computed as follows: Zero Rated Sales p 630,990 ,265. 86 Taxable Sales 156,318,482.20 Total Sales p 787,308,748 .06 Output VAT p 22,434,942.84 p 15 ,63 1,848 .22 Less: Input VAT 4,196,961.00 26,631,903.84 Domestic Purchases of Goods P II .000.055 .62 and services Importation of Goods Excess Input VAT 1 .Joint Stipulation of Facts, par. I, CTA docket p.47 2 ibid , par.2, CTA docket p.47 ' See Annex B attac hed to Pet ition for Rev iew. CTA docket p.7

Decis ion- CTA Case No. 5677 Page 3 Likewise, in its amended 1996 fourth quarterly VAT return (Exhibit 8), Petitioner reflected an amount ofP375 ,715,886.32 zero rated sales, taxable sales of Pl6, 154, 551.70 with the corresponding output VAT ofP1 ,615 ,455 .17, total input VAT of P23 ,999 ,859.49 paid on domestic purchases of goods/services and importation of goods and an excess input VAT of P22,384,404.32 computed as follows : Zero Rated Sales p 375,715,886.32 Taxable Sales 16,154,551.70 Total Sales p 391,870,438.02 Output VAT p 1;615 ,455.17 Less: Input VAT 23,999,859.49 p 22,3..81.404.32 Domestic Purchases of Goods and services p 20,782 ,444.49 Importation of Goods 3,21 7,415. 00 Excess Input VAT Accordingly, Petitioner filed with the One-Stop-Shop Inter-Agency Tax Credit and Duty Drawback Center of the Department of Finance (DOF), two separate applications for VAT tax credits/refunds in the amounts of Pll ,020,438 .09 and P22,573 ,275 .92 covering the periods July 1 to September 30,1996 and October 1 to December 3 I, 1996 (Exhibits C & D), respectively. The said amounts all egedly represent excess input VAT payments on importation of goods and domestic purchases of goods/services for the same periods. Since the aforementioned administrative claims for refund in the tota l amount of P33 , 593 ,714.01 were not acted upon by the Respondent and in order to preserve its ri ght 1 0 ' ., () Q

Decision - CTA Case No. 5677 Page 4 to judicially claim the same, Petitioner, on September 30, 1998, elevated the matter before this Court by way of Petition for Review. In answer to the allegations raised by the Petitioner, Respondent, for his part, avers the following Special and Affirmative Defenses, t0 wit: I. Respondent Commissioner of Customs replead (sic) and reproduce (sic) all their allegations in the preceding paragraphs of this Answer; 2. The alleged claim for refund is still subject to administrative routinary investigation and/or examination by the Respond ent's Bureau; 3. The taxes so claimed have been paid and collected in accordance with law and regulations, hence. not refundable; 4. Claims for refund are construed strictl y against the claimant for the same partakes of the nature of an exemption from taxation (Commissioner of Internal Revenue vs. Ledesma, 31 SCRA 95). Taxation is an inherent power of the Sta~e and taxes are considered the lifeblood of the nation. It is therefore incumbent upon Petitioner to prove by express provision of law that it is entitled thereto. Failure on the part of the Petitioner to do so, all doubts as to the regularity of the claim for refund must be resolved in favor of the Respondent. 5. Moreover, it is incumbent upon Petitioner to prove that it has compi ied with the provisions of Section 230 of the Tax Code. The pivotal issue in the case at bar is focused on the question of WHETHER OR NOT PETITIONER IS ENTITLED TO THE REFUND OR TO THE ISSUANCE OF A TAX CREDIT CERTIFICATE IN THE TOTAL AMOUNT OF P33 ,593,714 .01 REPRESENTING THE EXCESS INPUT VAT PAID FOR THE PERIOD COVER IN G JULY 1 TO DECEMB ER 31 , 1996. J<(.! . 0.. (') ' ., I -J

Dec is ion- CTA Case No. 5677 Page 5 T he case at bar is not one of first impression . Quoted hereunder are the pertinent provisions of the Tax Code whi ch specifically tackl es refund of excess input VAT paid from domestic purchases of good s and services and from importation of cap ital goods attributabl e to zero rated or effecti vely zero-rated sales, thus: "Section 100. Value Added Tax on sale I.Jf goods or properties.- (a) Rate and Base of Tax.- There shall be levied, assessed and coll ected on every sale, barter or exchange of goods or properti es, a value-added tax equi valent to 10% of the gross selling price or gross value in money of the goods or properties so ld, bartered or exchanged, such tax to be paid by the seller or transferor. X X X X X X (2) The fo llowing sales by VAT-registered persons shall be subj ect to 0%: (A) Ex port Sales.- The term "export sales" means (i) The sale and actual shipment of goods from the Philippines to a foreign country, irrespective of any shipping , arran gement that may be 1 agreed upon whi ch may influence or determine the transfer of ownershi p of the good s so exported and paid fo r in acceptable foreign currency or its equi valent in goods or services, and acco unted for in accordance with the rul es and regul ations of the Bangko Senlral ng Pilipinas (BSP)."4 "Section 106. Refunds or Tax credits of creditable input tax . - (a) Any VAT-registered person, whose sales are zero-rated or effectively zero- rated, may, within two (2) years after the close of the taxa bl e quarter when the sales were made, apply for the issuance of a tax credit cert ificate or refund of creditabl e input tax due or paid attributabl e to such sales, except transitional input tax, to the extent that such input tax has not been applied against output tax: Provide d, however, That in the case of zero-rated sales under Section 100(a)(2)(A)(i) , (ii) and (b) and Secti on 102 (b)(l ) and (2), the acceptable foreign currency exchange proceeds thereof had been dul y acco unted fo r in accordance w ith the regulati ons of the Bangko Sentra / ng Pilipinas (BSP): x x x ". ,~ 4 now Sectio n 106 (A)(2)(a)( 1) of th e N 1RC of 1997 ( R.A.2484)

Decision- CTA Case No. 5677 Page 6 (b) Capital Goods.- A VAT-registered person may apply for the issuance of a tax credit certificate or refund of input taxes paid on capital goods imported or locally purchased, to the extent that such input taxes have not been applied against output taxes. The application may be made only within two (2) years after the close of the ~taxable quarter when the n. nportat.wn or pureI1ase was made. " 5 In sum, the afore-quoted provisions list down the basic requisites to be complied with in order for tax refunds or credits of excess input VAT paid may be granted. Explicitly mentioned in Section 1OO(a)(2)(A)(i) are the following: 1. That there be a sale of goods; 2. That the sale be made by a VAT-registered person; 3. That the sale qualifies as export sale as defined by law; 4. That the foreign exchange proceeds of said export sales are properly accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas. On the other hand , Section 106(a) and (b) specifically provides for the following requisites before a claim for refund can be granted, thus: l. That the application of a tax credit or refund has been made within the two-year prescriptive period from the filiqg of the quarterly VAT return as provided under Section 4.106-2 (c) ofRevenue Regulations No. 2-95; 5 now Section 11 2 (A) and 11 2 (B) ofthe NIRC of 1997 ( R.A . 2484)

Decision- CTA Case No. 5677 Page 7 2. That the claimed input taxes on domestic purchases of taxable goods and services are directly attributable to its zero-rated sales; 3. That the claimed input taxes were not offset/applied against any output tax nor carried over to the succeeding months/quarter. There is no doubt with regard to Petitioner' s compliance with the aforementioned requirements. The fact that Petitioner is a VAT registered entity is undisputed (par. 2, Joint Stipulation of Facts, CTA records, p. 50). Records would reveal that for the period July 1 to December 31, 1996, Petitioner actually generated export sales and the foreign currency exchange proceeds thereof were inwardly remitted in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas (BSP). This is evidenced by the various export sales invoices, export declarations, airway bills, bills of lading, bank credit advices/memo(s) and official receipts (Exhibits G & G-1) submitted by Petitioner. Since Petitioner's export sales qualify as zero-rated , Petitioner is not liable to pay output tax thereon. This is true as Petitioner's right to refund or credit the input VAT paid on its purchases of goods, properties or services related to such zero-rated sal es is very well provided under Section 4.102 of Revenue Regulations No.7-95 in relation to Section 106(a) of the Tax Code. Such right to refund or credit input tax paid is likewi se applicable on its importation of capital goods as sanctioned by Section I06(b) of the Tax Code. With regard to the timeliness of Petitioner's action both in the administrati ve and judicial levels, this Court finds that prescription has not yet set in . A perusal o f th e ~ l l (J' U~, ..l

Decision- CTA Case No. 5677 Page 8 records shows that Petitioner filed its 1996 original third and fourth quarterly VAT returns on October 21, 1996 and January 20,1997, respectively. Counting from these dates, Petitioner's administrative claims filed on March 5, 1998 and September 18, 1998 as well as the Petition for Review filed on September 30,1998 fall within the two-year prescriptive period provided under Section 4.1 06-2(c) of Revenue Regulations No. 7-95. Said regulation provides that the application for the refund or credit of input taxes paid on capital goods imported or locally purchased shall be made within two (2) years after the close of the taxable quarter when the importation or purchase was made. It must likewise be pointed out that upon examination of Petitioner's 1996 amended third and fourth quarterly VAT returns (Exhibits A & B), this Court found that the claimed input taxes were already net of Petitioner's output tax liabilities for the same quarters. It follows then that the claimed input taxes on its purchases of taxable goods and services are directly attributable to its zero-rated sales. Also, Petitioner was able to prove that it did not apply nor carry-over the claimed input taxes to the succeeding first quarter of 1997. As can be gleaned from the Petitioner's first quarterly VAT return (Exhibit B-1, CTA docket p. 211 ), no amou nt was indicated as "Carried over from the previous quarter"(See Exhibit B-2, CTA docket, p. 211 ). With the req uirements substantially complied with by the Petitioner_ we will now proceed to examine if the claimed input taxes were sufficiently substantiated by supplier's invoices and/or official receipts (with respect to domestic purchases of taxable goods and services) and Bureau of Customs official receipts/import entry declarations

Dec ision- CTA Case No. 5677 Page 9 (with res pect to importation of capital goods) pursuant to Section 4 .104-5 of R evenue Regul a ti o ns No. 7-95 in re lati o n to Secti o ns 108 and 238 of the Tax Code.6 A thorough examin ation of the reco rd s submitt~d to thi s Co urt wo uld reveal that indeed Pe titi o ner substanti a ll y m et the subs tantiati on requirements . In o rd er to s up po rt its c la imed input taxes, Petition er submitted vario us suppli ers' invo ices/officia l rece ipts, Bureau of Custo ms (BOC) offici a l receipts and impo rt entry declarati ons (Ex h ibits H- 1 to H-3 0 ; 1-1 to 1-23 ; .J-1 , inclusive) which were summari zed in Exhibits K-1 and K -2. It must be noted that du e to th e vo lumino us documents invo lved in thi s case, the se rvices of an independ ent accounting firm was engaged to conduct a n audit and evaluati o n of the docum ents pertine nt to th e input VAT c la imed fo r the pe ri od covered . T hi s Co urt find s th e ir report adequ ate save fro m so�n e other no tabl e disallowances, which will be di scussed later. In its final report dated November 16,1999 (Ex hibit E-1 ), th e commi ssio ned auditing firm , SGV & Co ., noted the fo ll owing exceptio ns as we ll as th e reaso n fo r the ir di sallowance (Exhibi ts E-2 & E-3), thus: Input Taxes Claimed 3rd Otr 4th Otr A. p 332,574 .39 p 647,202.80 p 979,777 . 19 I. Purchases of goods and/or services without supportin g 11 7,62 8.44 87,4 16.68 205,045. 12 Doc um ents 869,056.94 930,437 .72 I,799,494.66 2. Purchases o f goods and/or services supporied by doc um ents oth er than VAT in vo ices/Ors 3. Purchases of goods and/or se rvices supported by Non- VAT in vo ices/Ors 6 Now, Secti o n I 13 and 237, respecti ve ly o f th e NIRC o f 1997 ( R.A. No .24 84) ."l_l I''J' \�..../' .' I I-.;

Decision- CTA Case No. 5677 Page 10 4. Purchases of goods and/or 142,324.45 5,412.89 147,737.34 services supported by documents not issued in the name of the Company 5. Purchases of goods and/o r 15 ,643.93 15 ,643. 93 se rvi ces supported by 1n voices/0 Rs stamped with "TIN -Y" , "TIN- VAT" , "TIN#V AT#" printed after Jul y31, 1991 6. Purchases of goods and 134,2 86.49 157,685.66 291,972.15 serv ices supported by ln vo ices/O Rs with "TAN-VAT" or "TAN-V" on ly printed before July31 , 1991 7. Purchases of goods and 1,2 02.01 I,202.0 I services supported by in voices/ Ors w ith "TAN-VAT" or "TAN- V" only printed after July 3 1, 1991 8. Purchases of goods and/o r 571.00 57 1.00 se rvi ces supported by invoi ces/ Ors without BIR permit l?. l,�5 13.,J _8J.�_j p l.&~~_ljj ~ P_l,4il,4_43,40 B. Input taxes paid on importation of goods which are supported only by Import Entry Declarations and Bureau of Customs (BOC) ORs with stamped "Certified True Xerox Copy" and signed by the BOC. Input Taxes C laimed 3rcl Otr. 4th Otr 366,143 .00 300,687.00 65,456.00

Deci s ion- CTA Case No. 5677 Page II C. Input taxes paid on importation of goods and local purchases of goods/services which are supported only by photocopies of Import Entry Declarations/BOC ORs and VAT invoices/Ors. 3rd Otr. 4th Otr Input Taxes Claimed 849,202 .86 I,500.850.2 1 2,350,053 .07 A thorough scrutiny of the SGV & Co. final report and Petitioner's documents revea ls that the amounts of P3,441 ,443.40 and P2 ,3 50,053.07 as summarized in letters A and C represent proper disallowances from Petitioner's total claim. As regards the input taxes of P366 ,143.00 in letter B above, only a portion thereof shall be disallowed on the basis that the BOC official receipts supporting the same were dated outside of the period covered by the subject claim for refund . The said disallowed input taxes covered by BOC official receipts were included in the total additional disallowed input taxes of P2 ,614,756.96 (see Annex A) and P2,2 16,087.82 (see Annex B) for the third and fourth quarters of 1996, respectively, which were also found by thi s Court as not properly substantiated. l-Ienee, aside from the exceptions of P3 ,441 ,443.40 and P2,350,053.07 noted by SGV & Co., the input taxes of P2 ,614,756.96 and P2,2 16,087.82 shall also be deducted from Petitioner' s total claim. All told , this Court found that Petitioner's claim for refund or issuance or a tax credit certificate representing its unutilized input VAT nayments on domestic purchases of taxable goods/services and importation of capital goods for the third and rourth

Decision- CTA Case No. 5677 Page 12 quarters of 1996 be granted but in a red uced amo unt of P22,971 ,372. 76 computed as follows: 3rd Qtr I996 Total (Exhibit C) 41' Qtr (Ex hi bit D) C laim ed Excess In put Taxes P II ,020,438 .09 P 22,573 ,275.92 P 33,593 ,714.0 I Less: Disallowances p I, 6 1 3,287.6 ~ p I,828, 155 .75 p 3,44 1,443.40 1.) Per SGV Report (Exhibits E-2 & E-3) 849,202 .86 I,500,850.2 1 2,350.053.07 � those summ ar ized in letter A 2,614,756.96 2,2 16,087 .82 4 830 844.78 those summarized in letter C p 5 077 247.47 p 5,545,093 .78 P I0,622,3 41. 25 2.) Per this Cou rt's Furth er Veritication(Annexes A & B) p 5 243 ,120_,_62 �...11,Q28 , 182 . 14 ,t,.W1LJ'Z2 .7_� Total Disallowances Refundab le Excess In put Taxes WHEREFORE , in view of the fo rego in g, the instant Petiti on for Review is PARTIALLY GRANTED. Respondent is hereby ORDERED TO REFU ND OR CREDIT in favor of the Petitioner the red uced amo unt of TWENTY TWO MILLION NINE HUNDRED SEVENTY ONE THOUSAND THREE HUNDRED SEVENTY TWO & 76/100 PESOS (P22,971,372.76) representing the excess creditable input VAT paid by Petitioner covering the period Jul y 1, 1996 to December 3 1, 1996. SO ORDERED. l CONCUR: ~~C4 ERNESTO D. ACOSTA Presiding Judge

Deci sion- CT A Case No . 56 77 Page 13 CERTIFICATION J here by certify that the above decision was rea~hed after due consultation w ith the members of the Court of Tax Appeals in accordance w ith Section 13 , Article V[)J of the Co nstituti on. ~Q._ Q~ ERNESTO D. ACOSTA Presiding Judge

ANNEXA BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amount Input VAT 1.) Invoices &lor Official Receipts not under the name of Benguet Corporation 02 6 1 Pilipino Telephone Corp H-30-3 3222246 p 1,267 .20 p 115.20 0452 Franville General Mdse H-9-116 15481 550 .00 50 .00 0452 Goodyear Hardware H-9-155 271094 0452 Garbes Dizon Service H-9-156 15560 3,67 1.00 333 .72 0452 JCL '26 Auto Supply H-9-170 92506 4,700 .00 427 .27 0452 JCL '26 Auto Supply H-9-170 92521 0452 Mercury Drug Corporation H-10-2 495470 570 .00 51 .81 0452 Max's Restaurant H-10-3 15346 2,240 .00 203 .63 0452 Standard Blue Auto Supply H-10-117 15867 3,754 .30 341 .30 1705 Autopro Enterprises H-13-14 21835 1705 Ben Chua Grocery H-13-26 199079 537 .35 48.85 1705 Ben Chua Grocery H-13 -2 8 199078 1,200 .00 109.09 1705 Ben Chua Grocery H-13-30 199077 1705 Benso Winner Corporation H-13-32 16453 190.00 17.27 1705 By the Sea Restaurant H-13-38 140810 6,916 .90 628.81 1705 Coca-Cola Bottlers, Phils, Inc. H-13-86 581380 24 ,654 .50 2,241 .32 1705 Dagupan Honeybee Mfg., Inc. H-13-123 9628 15 ,445 .65 1,404 .15 1705 Dagupan Honeybee Mfg., Inc. H- 13-125 9627 1705 Dan's Petron Services Station H-13- 127 7146 129.50 11 .77 1705 Double Happiness Restaurant H-13- 137 16005 350.00 31 .82 1705 ESC Petron Service Station H-13-21 0 15790 1,320 .00 120.00 1705 Everybody's Cafe H-13-212 118685 1705 Everybody's Cafe H-13-214 119053 98 .00 8.91 1705 Farmacia Castillo & Gift Shop H- 13-293 49610 187.00 17.00 1705 Farmacia Castillo & Gift Shop H-13-295 50916 1705 Farmacia Castillo & Gift Shop H-13-301 46392 60.00 5.45 1705 Farmacia Sta. Cruz & Store H-13-303 9597 370 .00 33 .64 1705 Felicidad Chua Ying Go H-13-305 19917 531 .00 48 .27 1705 Frenzel's Hardware H- 13-327 39147 433 .50 39.41 1705 Hardware Workshop H-13-391 136785 372.00 33 .82 1705 Hardware Workshop H-13-393 142127 185.00 16.82 1705 Heidy's Carinde ria H-13-394 698 1705 JVS Auto Supply H-13-418 6429 40 .00 3.64 1705 JVS Auto Supply H-13-419 200 .00 18.18 1705 Mac-Ber Auto Supply H-13-425 1206750 450. 00 40 .91 1705 Saisaki Japanese Rest H-13-618 24306 4,950 .00 450 .00 1705 Saisaki Japanese Rest H- 13-620 28159 1705 TM Motorist Haven H-13-648 142822 60 .00 5.45 176526 "199.75 18.16 199 .7 5 18.16 93 .00 8.45 100.00 9 09 2.59 28 .50 4 . 18 46 .00 3.86 42 .51 246 .04 2,706.47 56 .36 620 .00 7 224.41 subtotal p 2.) Invoices &/or Official Receipts not within the period of claim 0251 New Baguio Offset Press H-29-70 1238 p 2,500 .00 p 227.27 0251 New Baguio Offset Press H-29-71 0252 5 Cents Up Textile Mart H- 14-1 1188 8 ,500 .00 772 .73 0252 AC Industria l Sales H- 14 - 2 0252 AC Industrial Sales H- 14-3 5865 1,327 .50 120.68 0252 AC Industrial Sa les H-14 -4 2536 18,500.00 1,681 .82 2539 825.00 75 .00 2543 1,950 .00 177. 27

AN NEX A BENGUET CORPORATION - versus - COMMISSIONER OF INTERNAL REVENU E and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTH ER V ERI FICATION Supplier Exhibit Refe r e n ce Purchase Disallowed Number Amount Input VAT 0252 AC Industria l Sales H- 14-5 0252 AC Industrial Sales H- 14 -6 2544 150 .00 13.64 0252 AC Industrial Sales H- 14- 7 2548 72 0 .00 65.45 0252 AC Industrial Sales H- 14-8 2554 1,250.00 113.64 0252 Allied Hos. Supply lnt'l H- 14-9 2557 1,1 80.00 107 .27 0252 Allied Hos. Supply lnt'l H- 14- 10 29497 18.000 00 1.636 36 0252 Alloy lnd'l Supply Corp. H-14- 16 30836 38 0 .00 34 .55 0252 Archill es Manufacturing H-14- 17 72449 10,98 0 .00 998 .18 0252 Archilles Manufacturing H-14 - 19 1723 19,32 0.00 1,756 .36 0252 Archilles Manufacturing H-14-20 1812 6 ,00 0 .00 545.45 0252 Archilles Manufacturing H- 14-22 1813 10,47 0.00 95 1.82 0252 Arcman Industrial Enterprises H-14 -23 1838 12,000 .00 1,09 0 .9 1 0252 Arcman Industrial Enterprises H-14 -2 4 0690 3,442 .50 3 12 .95 0252 Arcman Industrial Enterprises H- 14-2 5 06 93 2,075.00 188.64 0252 Arcman Industrial Enterprises H- 14-26 0697 15,080.00 1,370 .91 0252 Arcman Industrial Enterprises H- 14-27 06 98 0252 Arcman Industrial Enterprises H- 14-28 0699 63 .90 5.81 0252 Arcman Industrial Enterprises H-14 - 29 0700 6,885 .00 625 .91 0252 Baguio Rational Auto Supp H-14 -40 0 7 15 2. 754.00 250.36 0252 Baguio Rational Auto Supp H-14 -41 64427 2, 075 .00 188.64 0252 Baguio Rational Auto Supp H-14 -42 64478 1,53 0 .00 139 .09 0252 Bagulo Rational Auto Supp H-14 -43 67597 0252 Baguio Rational Auto Supp H-14 -44 67636 480. 00 43 .64 0252 Baguio Rational Auto Supp H- 14-45 67 637 170 .00 15.45 0252 Baguio Rational Auto Supp H- 14-46 676 52 1,160.00 105.45 0252 Baguio Rational Auto Supp H-1 4-47 67660 605 .00 55 .00 0252 Baguio Rational Auto Supp H- 14-48 6 76 7 2 1,088 .00 98.91 0252 Baguio Rational Auto Supp H- 14-49 67674 630 .00 57 .27 0252 Bag uio Rational Auto Supp H- 14-50 67679 300 .00 27 .27 0252 Baguio Rational Auto Supp H- 14-5 1 67680 32 0 .00 29 .09 0252 Baguio Rational Auto Supp H-1 4-52 676 84 130.00 11.82 0252 Baguio Ra tiona l Auto Supp H- 14-53 67692 6,400.00 581 .82 . 0252 Baguio Rational Auto Supp H-14 - 54 67693 400 .00 36.36 Baguio Rational Auto Supp H- 14-55 67694 0252 Bagu io Ra tional Auto Supp H- 14-56 67695 49 .00 4.45 0252 Baguio Rational Auto Supp H-14 -5 7 67696 3,550 00 322. 73 0252 Baguio Rati onal Auto Supp H- 14-5 8 67697 0252 Baguio Rati onal Auto Supp H-14 -59 67698 450 .00 40.9 1 0252 Benguet Management Corp H- 14 -6 0 67703 2,740 .00 249 09 025 2 C IG I H- 14-61 6002 4,0 30 .00 366 .36 02 52 CIGI-SP Taband a, Inc. H-14 -62 2288 1 0 25 2 CI GI-S P Tabanda , Inc. H- 14-63 00 1 850 .00 77 .27 0252 CIG I-SP Taband a, Inc. H- 14-64 0 13 3,036.00 276 .00 0252 CIGI-SP Tabanda , Inc. H- 14-65 027 0252 CIGI-S P Tabanda , Inc. H-14 -66 043 530 .00 48. 18 0252 CIG I-S P Tabanda , Inc. H- 14-67 06 1 260.100 00 23,6454 5 0252 CMC Machineries H-14-68 085 0252 H- 14-69 06 59 9, 105.00 827.73 CMC Machineries H- 14- 70 0691 6,61 0.00 600.9 1 025 2 H-14-7 1 0705 9,400 .00 854.55 CMC Machineries H-14-72 62547 9,300 .00 845 .45 0252 Europa Parts & Accessories H- 14-72 6 25 81 9,590. 00 87 1.82 0252 Europa Parts & Accessories H- 14-73 62583 10,52 5.00 956.82 0252 Europa Parts & Acce ssories 62623 11 ,745 .00 1,067 .73 0252 Europa Parts & Acce ss ories 1,4 50 00 131 .82 0252 10,450 .00 950 00 2,340 03 212 .73 408 .00 37 09 145 00 13 18 1.285 00 11G .U2 495 .00 45 .00

ANN EX A BENGUET CORPORATION - versus- COMMISSIONER OF INTERNAL REVENU E and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERI FICATION Supplier Exhibit Referen ce Purchase Disallowed Number Amount Input VAT 0252 Europa Parts & Accessories H-14-73 0252 Europa Parts & Accessories H-14-74 62624 220 .00 20 .00 0252 Europa Parts & Accessories H- 14-74 62663 804 .00 73 .09 0252 Europa Parts & Accessories H-14-75 62664 1,520 .00 138 . 18 0252 Europa Parts & Accessories H-14-75 62682 265 .00 24 .09 0252 Europa Parts & Accessories H- 14- 76 62775 900 .00 81 .82 0252 Europa Parts & Accessories H-14-76 62814 320 .00 29 .09 0252 Europa Parts & Accessories H-14 - 77 62841 850 .00 77 .27 0252 Europa Parts & Accessories H-14 -77 62843 190.00 17 .27 0252 Europa Parts & Accessories H-14-78 62895 240 .00 2 1.82 0252 Europa Parts & Accessories H-14-78 62896 960 .00 87 .27 0252 Greenland Sales H-14 -80 62900 247 .00 22.45 0252 Greenland Sales H-14 -81 28895 220 .00 20 .00 0252 Greenland Sales H- 14 -82 28932 100.00 0252 Greenland Sales H-14-83 28933 600 .00 9.09 0252 Greenland Sales H-14-84 29000 1,040 .00 54 .55 0252 Greenland Sales H-14 -85 29001 480 .00 94 .55 0252 Greenland Sales H-14-86 29002 1,025 .00 43 .64 0252 Greenland Sales H-14 - 87 29023 3,510 .00 93 .18 0252 Harvey Industries Corp. H-14-88 29024 630 .00 319 .09 0252 J . C Commercial Center H-14-89 3222 31 ,380 .00 57 .27 0252 J . C Commercial Center H-14-90 59992 1,004 .00 2,852 .73 0252 J . C Commercial Center H- 14-91 60611 260 .00 91 .27 0252 J . C Commercial Center H-14-92 61210 112 .00 23 .64 0252 J . C Commercial Center H-14 - 93 61239 200 .00 10 . 18 0252 J . C Commercial Center H-14-94 61341 18 . 18 0252 J . C Commercial Center H-14-95 61356 55 .50 0252 Laser Marketing H-14-96 61357 685 .00 5.05 0252 Laser Ma rketing H-14-97 20892 5,700 .00 62 .27 0252 Laser Marketing H-14-97 21001 750 .00 518 . 18 0252 Laser Marketing H-14 -98 21004 950 .00 68 . 18 0252 Laser Marketing H-14-98 21005 1,485.00 86 .36 0252 Laser Marketing H- 14-99 21007 148.00 135.00 0252 Laser Marketing H-14-99 21124 145.00 13.45 0252 Laser Marketing H- 14-100 21650 2 ,120 .00 13.18 0252 Laser Marketing H-14- 100 21755 1,450.00 192 .73 0252 Laser Marketing H-14-101 21756 720.00 13 1.8 2 0252 Laser Marketing H-14 - 101 21757 2. 040 00 65.45 0252 LCR Marketing H-14- 102 21788 125.00 185 .45 0252 LCR Marketing H-14- 102 1363 180.00 11 .36 0252 MAC Machine Shop H-14-105 1364 16,500 .00 16.36 0252 MAC Machine Shop H-14 - 106 14035 16,500.00 1,500 00 0252 MAC Machine Shop H-14-107 14036 2,35 0 .00 1,500.00 0252 Northlander Gen. Mercantile H-14-112 24770 1,400 .00 2 13.6 4 0252 Northlander Gen . Mercantile H-14-113 79321 300. 00 127 .27 0252 Northlander Gen . Mercantile H-14 - 113 79359 225 .00 27 .27 0252 Northlander Gen. Mercantile H-14-114 79360 20.4 5 0252 Northlander Gen. Mercantile H-14-114 79361 62. 50 0252 Northlander Gen . Mercantile H-14 - 115 79362 120.00 5.68 0252 Northlander Gen . Mercantile H-14-115 79363 283. 00 10.9 1 0252 Northlander Gen . Mercantile H-14-116 79366 360 00 25 .73 0252 Northlander Gen . Mercantile H-14-116 79476 340 00 32.73 0252 Northlander Gen . Mercantile H-14-117 79477 30 91 79478 53 .00 1 ,.J . � 400 .00 4 .82 390 .00 36.36 ...il �. �-� ,.) 720 .00 35 45 65.45 page 3 or??

ANNEXA BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amount Input VAT 0252 Northlander Gen . Mercantile H-14 - 117 0252 Northlander Gen . Mercantile H- 14-118 79479 1,300.00 118 . 18 0252 Northlander Gen. Mercantile H- 14-118 79492 3,84 0.00 349 .09 0252 Northlander Gen. Mercantile H-14-119 79601 0252 Northlander Gen . Mercantile H-14-119 79602 505 .00 45.9 1 0252 Northlander Gen. Mercantile H- 14-120 79655 215. 00 19.55 0252 Northlander Gen . Mercantile H-14-120 79656 5,570.0 0 506 .36 0252 Northlander Gen. Mercantile H- 14-121 79687 4,845 .00 440.45 0252 Ong King Auto Supply, Inc. H-14-121 79688 636. 00 57.82 0252 Ong King Auto Supply, Inc. H-14 - 122 46666 2,950. 00 268 .18 0252 Ong King Auto Supply, Inc. H-14 -122 46823 2,760 .00 250 .9 1 0252 Ong King Auto Supply, Inc. H-14-123 46825 1,130.00 102.73 0252 Ong King Auto Supply, Inc. H-14-123 46880 1,800 .00 163 .64 . 0252 Ong King Auto Supply, Inc. H- 14-124 46959 2, 420.00 220.00 0252 Ong King Auto Supply, Inc. H-14-124 46970 2,100 .00 190.91 0252 Ong King Auto Supply, Inc. H-14-125 47027 2,200 .00 200 .00 0252 Ong King Auto Supply, Inc. H-14-125 47029 2,000.00 181 .82 0252 Ong King Auto Supply, Inc. H-14-126 47140 1,450 .00 131 .82 0252 Ong King Auto Supply, Inc. H-14 - 126 47141 2,300.00 209 09 0252 Ong King Auto Supply, Inc. H- 14-127 47193 22,500 .00 2,045.45 0252 Ong King Auto Supply, Inc. H- 14-127 47194 1,000 00 90.91 0252 Ong King Auto Supply, Inc. H-14-128 47195 170.00 15.45 0252 Ong King Auto Supply, Inc. H- 14-128 47200 25 0.00 22 .73 0252 Ong King Auto Supply, Inc. H-14-129 47352 120 .00 10.9 1 0252 Ong King Auto Supply, Inc. H-14-129 47353 240 .00 21 .82 0252 Orion Drugs H-14-130 47354 630 .00 57 .27 0252 Orion Drugs H-14-131 10487 0252 PAN PISCO H- 14-134 9423 60.00 5.45 0252 PAN PISCO H-14- 135 43143 258 .75 23 .52 0252 PAN PISCO H-14-136 43154 155.50 14 .14 0252 PAN PISCO H-14 -137 43155 2,65 0 .00 240 .91 0252 PAN PISCO H- 14-138 43156 120.00 10.91 0252 Pines Royal Enterprises H-14-139 43157 792 .00 72.00 0252 Pines Royal Enterprises H-14-140 11129 1,365 .00 124 09 0252 Pyramid Hardware & Cons!. H-14 - 141 11143 3,610 .00 328 .18 0252 Pyramid Hardware & Cons!. H- 14-142 12649 440 .00 40 .00 0252 Pyramid Hardware & Cons!. H-14- 142 12677 1, 200.00 109 09 0252 Pyramid Hardware & Cons!. H- 14-143 13462 1,250.00 11 3.64 0252 Pyramid Hardware & Cons!. H- 14-143 13466 1,680 .00 152.73 0252 Pyramid Hardware & Cons!. H- 14-144 13565 2,880.00 26 1.82 0252 Pyramid Hardware & Cons!. H-14-144 13566 9,000 .00 818 .18 0252 Pyramid Hardware & Cons!. H- 14-145 13568 1,744 .00 158.55 0252 Pyramid Hardware & Cons!. H- 14-145 13597 1,04 9.50 95.41 0252 Pyramid Hardware & Cons!. H-14 -146 13599 150.00 13.64 0252 Pyramid Hardware & Cons!. H- 14-146 13600 900.00 81 .82 0252 Pyramid Hardware & Cons!. H-1 4-147 13619 1,25 0 .00 113.64 0252 Pyramid Hardware & Cons!. H-14-147 13620 1,250 .00 113.64 0252 Pyramid Hardware & Cons!. H-14-148 13625 1,620.00 147.27 0252 Pyramid Hardware & Cons!. H-14- 148 13626 500 .00 45.45 0252 Pyramid Hardware & Cons!. H-14-149 13647 800 .00 72 .73 0252 Pyramid Hardware & Cons!. H- 14-149 13650 1.240 .00 112 73 0252 Pyramid Hardware & Cons!. H-14 - 150 13697 150 .00 13 64 0252 Pyramid Hardware & Cons!. H- 14-150 13698 19,200.00 1, 74545 13699 1,422 00 129 27 260 .00 23 64 520 .00 47 27 11UCi

ANNEX A BENGUET CORPORATION - versus - ~ COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS ~ CTA CASE NO. 5677 j SCHEDULE OF ADDITIONAL DISALLOWANCES l ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amount Input VAT 0252 Pyramid Hardware & Canst. H- 14- 151 02 52 Pyramid Hardware & Canst. H-14- 151 13700 3,600.00 327 27 0252 Pyramid Hardware & Canst. H- 14- 152 13703 77 0 .00 70 .00 0252 Pyramid Hardware & Canst. H- 14- 152 13724 0252 Pyramid Hardware & Canst. H- 14 - 153 13725 1,500 .00 136 .36 0252 Pyramid Hardware & Canst. H- 14- 153 13727 1,500 .00 136 .36 0252 Pyramid Hardware & Canst. H - 14 - 154 13749 2,762.50 25 1.14 0252 Pyramid Hardware & Canst. H- 14- 154 13750 0252 Pyramid Hardware & Canst. H- 14- 155 13752 542 .00 49 .27 0252 Superior Concrete Produ ct H-14- 157 13757 520.00 47 .27 0 25 2 T & J Custombuilt Shoes H- 14-158 6655 2,7 40 .00 249 .09 0252 T & J Custombuilt Shoes H- 14- 158 32553 3,5 00 .00 3 18 . 18 0252 T & J Custombuilt Shoes H-14- 158 33446 9,85 0 .00 895.45 0252 Top Ace Motor Works Corp. H- 14- 159 33469 3, 480.00 3 16 .36 0252 Top Ace Motor Works Corp. H- 14- 160 3319 1,740 .00 158 . 18 0252 Top Ace Motor W orks Corp. H-14- 161 3468 2,900. 00 263 .64 0252 Top Ace Motor Works Corp. H- 14-162 3470 6,750.00 6 13 .64 0252 Union Canst. Supply H-14- 163 3471 120 .00 10.91 0252 Union Canst. Supply H-14- 163 53839 3,98 0 .00 36 1.82 0252 Un ion Canst. Supply H- 14- 164 55552 5 10 .00 46 .36 0252 Union Canst. Supply H-14- 164 55819 27 5.00 25.00 0252 AC Industrial Sales H-14- 167 55864 8,200 .00 745 .4 5 0252 AC Industrial Sales H-14- 168 2550 240 .00 21 .82 0252 AC Industrial Sales H-14- 169 2562 1, 18 0 .00 107 .27 0252 AC Industrial Sales H - 14 - 170 2563 0252 AC Industrial Sales H- 14 - 171 2565 20 .00 1.82 0252 AC Industrial Sales H-14- 172 2566 100.00 9. 09 0252 AC Industrial Sales H- 14 - 17 3 2567 8,595.00 78 1.36 0252 AC Industrial Sales H-14- 174 2568 2,27 0 .00 206 . 36 0252 AC Industrial Sales H-14- 175 2569 585 .00 53 . 18 0252 AC Industrial Sales H-14- 176 2574 32 0 .00 29 09 0252 AC Industrial Sales H- 14- 177 2576 19 1.20 17.38 0252 AC Industrial Sales H- 14- 178 2578 2,460 .00 223 .64 0 25 2 AC Industrial Sales H- 14-180 258 1 3.64 0252 AC Industrial Sales H- 14- 181 2582 40 .00 97.27 0252 AC Industrial Sales H- 14- 182 2588 1,070.00 218 .18 0252 AC Industrial Sales H-14- 183 2 589 2,400 .00 523 .64 0252 AC Industrial Sales H-14- 184 2590 5,760 .00 218 .18 0252 Archilles Manufacturing H- 14 - 188 2594 2,400 .00 78 1.36 0252 Arcman Industrial Enterprises H- 14-193 1817 8,595 .00 80.45 0252 Arcman Industrial Enterprises H- 14- 194 0706 86.36 0252 Arcman Industrial Enterprises H-14 - 195 07 14 885 .00 227 .27 02 52 Baguio Rational Auto Supply H- 14-198 0728 950 .00 4,400 .00 0252 Baguio Rati onal Auto Supply H-14 - 198 64473 2,500 .00 182 .45 025 2 Baguio Rational Auto Supply H- 14- 199 67648 48 ,400 .00 4,985 .73 0252 Baguio Rational Auto Supply H-14-199 67706 2,007.00 685.45 0252 Baguio Rational Auto Supply H- 14-200 67707 54,843 .00 32 .73 02 52 Baguio Rational Auto Supply H- 14-200 67719 7,540.00 545 .45 0252 Baguio Rational Auto Supply H-14-201 677 20 36 0 .00 463 .64 0252 Baguio Rational Auto Supply H-14-201 67721 6.000 .00 40.9 1 0252 Baguio Rational Auto Supply H-14-202 67722 5, 100.00 40 .91 0252 Baguio Rational Auto Supply H- 14-202 67723 450 .00 486 36 0252 Baguio Rational Auto Supply H-14 -203 67727 450 .00 3 18 67728 5,350.00 5.4 5 24 .55 35 .00 37"1 .2 7 60 .00 151 27 270 00 4,150 .00 1. 664 00 11 Ui.

ANNEX A BENGU ET CORPORATION - versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWAN CES ON CLAIMED INPUT VAT- 3rd QT R 1996 PER THIS COU RT'S FURT HER VERIFICATION Supplier Exhibit Refe r e n ce Purchase Disallowed Number Amount Input VAT 0252 Baguio Rational Auto Supply H- 14-203 0252 Baguio Rational Auto Supply H- 14-2 04 67729 200. 00 18 . 18 0252 Baguio Rational Auto Supply H-14-204 67731 1 , 7 7 0 .0 0 160 .91 0252 Baguio Rational Auto Supply H-14-205 67734 0252 Baguio Rational Auto Supply H- 14-205 67741 446 .00 40 .55 0252 Baguio Rational Auto Supply H-14-206 67742 600.00 54.55 0252 Baguio Rational Auto Supply H-1 4-206 67744 476 .00 43 .27 0252 Baguio Rational Auto Supply H- 14-207 67748 450.00 4 0 .91 0252 Baguio Ra tional Auto Supply H-14-2 07 67750 1,6 0 0 .00 145.45 0252 Baguio Rational Auto Supply H- 14-208 67751 855 .00 77 .73 0252 Baguio Rational Auto Supply H-14-208 67752 1,4 90. 00 135.45 0252 Baguio Rational Auto Supply H-14-209 67761 1,725.0 0 156.82 0252 Baguio Rational Auto Supply H-14-2 09 67765 0252 Baguio Rational Auto Supply H-14-210 67768 60 .00 5.45 0252 Baguio Rational Auto Supply H-14-210 67769 540 .00 49 09 0252 Baguio Rational Auto Supply H-14-211 67770 600.00 54 .55 0252 Baguio Rational Auto Supply H-14-211 67786 1,1 58.00 105.27 0252 Baguio Rational Auto Supply H- 14-2 12 67787 1,640 .00 149.09 0252 Baguio Rational Auto Supply H- 14-212 67788 260.00 23.64 0252 Baguio Rational Auto Supply H-14-2 13 67801 380.00 34 .55 0252 Baguio Rational Auto Supply H-14-213 67805 320.00 29.09 0252 CMC Machineries 67806 920 .00 83.64 0252 Coli's Diesel Service H-14-215 0707 622 .00 56 .55 0252 Coli's Diesel Service H- 14-215 8460 820 .00 74 .55 0252 Coli's Diesel Service H-14-2 16 8482 31 ,610 .00 2,873 .64 0252 Europa Parts & Accessories H- 14-2 16 8602 3,940 .00 358 .18 0252 Europa Parts & Accessories H- 14-2 17 62582 6,190 .00 562 .73 0252 Europa Parts & Accessories H- 14-217 62626 7,770.00 706 .36 0252 Europa Parts & Accessories H- 14-218 62627 130 .0 0 11.82 0252 Europa Parts & Accessories H-14-218 62878 174.00 15.82 0252 Europa Parts & Accessories H-14-219 62897 0252 Europa Parts & Accessories H- 14-219 62899 32 .00 2 .91 0252 Europa Parts & Accessories H- 14-220 62923 290.00 26 .36 0252 Europa Parts & Accessories H-14-220 62958 460 .00 41 .82 0252 Europa Parts & Accessories H-14-22 1 62959 568.00 51 .64 0252 Europa Parts & Accessories H-14-221 62991 360.00 32 .73 0252 Europa Parts & Accessories H-14-222 62992 900.00 8 1.82 0252 Europa Parts & Accessories H-14-222 62994 1,880 .00 170 .91 0252 Europa Parts & Accessories H-1 4-223 62995 2,950 .00 268. 18 0252 Europa Parts & Accessories H- 14-223 62996 1,4 1 0 .00 128 . 18 0252 Europa Parts & Accessories H-14-224 63021 660 .00 60 .00 0252 Europa Parts & Accessories H-14-224 63098 990.00 90.00 0252 Europa Parts & Accessories H- 14-225 63145 1,76 0 .00 160.00 0252 Europa Parts & Accessories H-14-225 63224 655.00 59 .55 0252 Europa Parts & Accessories H-14-226 63225 320 .00 29 09 0252 Europa Parts & Accessories H-14-226 63256 768. 00 69 . 82 0252 Europa Parts & Accessories H-14-227 63263 624 .00 56 .73 Europa Parts & Accessories H-14-227 63264 500 .00 45.45 0252 Europa Parts & Accessories H- 14-228 63269 220.00 20 .00 0252 Europa Parts & Accessories H-14-228 63270 2,784 .00 25309 0252 Europa Parts & Accessories H-14-229 63271 440 .00 40 .00 0252 Europa Parts & Accessories H-14-229 63272 960 .00 87 .27 0252 Greenland Sales H-14-230 63273 1, 812 .00 164 .7 3 0252 29095 505.00 45 91 1,050 00 95 45 2.280 00 207 27 280 00 25 45 1 1 ' \ -~ page 6 of /.? .l. ~~

ANNEX A BENGUET CORPORATION - versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purc hase Disallowed Number Amount Input VAT 0252 Greenland Sales H- 14-231 0252 Greenland Sales H- 14-232 29096 120. 00 10.9 1 0252 Greenland Sales H- 14-233 29103 24 0.00 2 1.8 2 0252 Greenland Sa les H- 14-234 29144 135.00 12.27 0252 Greenland Sales H- 14 -235 29265 55 0 .00 50.00 025 2 Greenland Sales H- 14 -236 29266 390.00 35 .4 5 0252 Greenland Sales H- 14- 237 29318 1,350. 00 122 .73 025 2 Industrial Chemicals Phils . H- 14-242 29319 376 .00 34 . 18 0252 J.C. Commercial Center H- 14 - 243 52453 4.240 50 385 .50 0252 J.C. Commercial Center H- 14- 244 60643 025 2 J.C. Cominercial Center H- 14-245 61495 28. 00 2.55 0252 J.C. Commercial Center H- 14- 24 6 61496 1,98 0 .00 180.00 0252 J.C. Commercial Center H-14-247 61587 0252 J.C. Commercial Center H-14-248 61609 220.00 20. 00 0252 Laser Marketing H-14 -249 61610 2, 185 .00 198 .64 0252 Laser Marketing H-14-2 50 21100 0252 Laser Marketing H-14 - 250 21287 74 5.00 67.73 0252 Laser Marketing H- 14-251 21288 9,5 00 .00 863.64 0252 Laser Marketing H- 14-251 21289 1,260 .00 114.55 0252 Laser Marketing H-14 - 252 21341 2,45 0 .00 222 .73 0252 Laser Marketing H- 14-252 21342 0252 Laser Marketing H-14-253 21930 540 .00 49 .09 0252 Laser Marketing H- 14-253 21955 1,800 .00 163.64 0252 MAC Machine Shop H- 14-254 21969 0252 MAC Machine Shop H- 14-255 14031 570 .00 51 .82 0252 M.R Robles Eng'g & Cons!. H- 14- 258 14037 4,2 0 0 .00 38 1.82 0252 .M.R Robles Eng'g & Cons!. H- 14-258 4825 0252 New Baguio Johnny Auto Sup H- 14 - 259 4826 135.00 12.27 0252 New Baguio Johnny Auto Sup H- 14-260 7993 250.00 22.73 0252 New Baguio Johnny Auto Sup H-14-260 8011 1,5 40 .00 140.00 0252 New Baguio Johnny Auto Sup H- 14-261 8012 1,250 .00 113.64 025 2 New Baguio Johnny Auto Sup H-14-2 61 8032 17,58 4 .00 1,598 .55 0252 New Baguio Johnny Auto Sup H- 14-262 8036 700 .00 6 3 .6 4 0252 New Baguio Johnny Auto Sup H-14 -262 8037 3,355 .00 30 5 .00 0252 New Baguio Johnny Auto Sup H-14-263 8055 950 .00 86 . 36 0252 New Baguio Johnny Auto Sup H- 14-263 8056 13 ,05 0 .00 1,186 .36 0252 New Baguio Johnny Auto Sup H- 14-264 805 7 14,400 .00 1,309 .09 02 5 2 New Baguio Johnny Auto Sup H- 14 -264 8058 1,360.00 123 .64 0252 New Baguio Johnny Auto Sup H- 14 - 265 8076 3,700.00 336 .36 0252 New Baguio Johnny Auto Sup H- 14-265 8086 14,800 .00 1,345 .45 0252 New Baguio Johnny Auto Sup H- 14- 266 8166 900 .00 81 .82 025 2 Northlander Gen. Mercantile H- 14- 266 8184 7,400.00 672 .73 0252 Northlander Gen. Mercantile H-14-267 79299 170 .00 15.45 025 2 Northlander Gen . Mercantile H-14-267 79819 0252 Northlander Gen. Mercantile H-14-268 79820 50.00 4 .55 0252 Northlander Gen. Mercantile H-14-268 798 2 1 220 .00 20 .00 0252 Northlander Gen. Mercantile H- 14-269 79822 360 .00 32 .73 0252 Northlander Gen. Mercantile H- 14-269 79846 14,800.00 1,345.45 0252 Northlander Gen . Mercantile H-14-270 79849 275 .00 25 .00 02 52 Northlander Gen . Mercantile H- 14 -270 79946 530 .00 48 . 18 0252 Northlander Gen. Mercantile H-14 -271 79947 140 .00 12.73 025 2 Northlander Gen. Mercantile H-14-271 79948 200 .00 18. 18 0252 Northlander Gen. Mercantile H-14-272 79949 620 .00 56 .36 79950 1,440.00 130.91 5,760 .00 523 .64 6 40 .00 58 .18 30 00 2.73 95 .00 8 .61\ 2.500 00 227 .27 GOO.O O 54 55 382 00 31\ 73 page 7 or 72

ANNEXA BENGUET CORPORATION - versus - COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference P urc hase Disall owed Number Amou nt Inp ut VAT 0252 North lander Gen . Mercantile H- 14-272 0252 Northlander Gen. Mercantile H-14-273 79955 4 ,000 .00 363 .64 0252 Northlander Gen . Mercanti le H-14-273 79956 425 .00 38 .64 0252 North lander Gen . Mercantile H-14-274 80032 125.00 11 .36 0252 Northlander Gen. Mercantile H-14-274 80033 800 .00 72 .73 0252 Northlander Gen. Mercantile H-14-275 80040 0252 Northlander Gen . Mercanti le H-14 -275 80080 1,280.00 116.36 0252 Northlander Gen . Mercanti le H-14-276 80081 395 .00 35 .91 0252 T & J Custombuilt Shoes H-14-322 80145 660 .00 60 .00 0252 Top Ace Motor Works Corp. H- 14-323 32578 0252 Top Ace Motor W orks Corp. H-14-324 3469 2,500.00 227 .27 0252 Top Ace Motor Works Corp. H-14-325 3473 1' 160.00 105.45 0252 Top Ace Motor W orks Corp. H-14-326 3474 0252 Top Ace Motor W orks Corp. H- 14-327 3475 504 .00 45 .82 0252 Top Ace Motor Works Corp. H-14-328 3476 370 .00 33 .64 0252 Top Ace Motor Works Corp . H-14-329 3477 4,034 .00 366 .73 0252 Top Ace Motor W orks Corp . H-14-330 3479 8,600 .00 781 .82 0252 Top Ace Motor W orks Corp. H-14-331 3480 2,330 .00 211 .82 0252 Top Ace Motor Works Corp . H-14-332 3481 0252 Top Ace Motor W orks Corp. H-14-333 3483 48.00 4 .36 0252 Top A ce Motor W orks Corp . H-14-334 3485 1.600 .00 145.45 0252 Top Ace Motor W orks Corp . H- 14-335 3488 0252 Top Ace Motor W orks Corp . H-14-336 3490 180.00 16.36 0252 Transducer Phils. H-14-337 3491 3,560 .00 323 .64 0252 Union Cons!. Supply H-14-339 1028 2 ,200 .00 200.00 0252 Union Cons!. Supply H-14-340 54778 0252 Union Con s!. Supply H-14-341 56070 620 .00 56 . 36 0252 Union Cons!. Suppl y H- 14-341 56110 1,020.00 92 .73 0252 Union Cons!. Supply H- 14- 342 56205 21 .82 0252 Union Cons!. Supply H- 14-342 56310 240.00 490 .91 0252 Harvey Industries Corp. H-15-96 56312 5,400 .00 1,363 .64 0252 Ha rvey Industries Corp. H-15-97 3206 15,000.00 345.45 0252 Harvey Industries Corp. H-15-98 3208 3,800.00 32 .73 0261 Phil Skylanders Inc. H-30-60 3221 13.64 0261 Phil Sky landers Inc. H-30-61 228381 360 .00 54 .55 0261 Faircargo H-30-105 230349 150.00 12.36 0261 Faircargo H-30-106 12525 600 .00 145.45 0261 Faircargo H-30-107 12754 136.00 1,036 .36 0261 Faircargo H-30-108 13270 1.600 00 2 ,2 7 8. 18 0261 AsiaTrans International H-30-199; H-30-200 13271 11 ,400 00 662 .73 0261 Orient Freight lnt'l H-30-202 16280 25,060. 00 14 .13 0262 Severo Sy Ling, Inc. H-16-196 10526 7.290 00 30.04 0262 Shorr Marketing, Inc. H-16-201 to H-16-202 8789 155.43 0263 10154 1330 330 .43 3.38 0263 10154 H-3-1 62116896 13.19 0263 10154 H-3-50 62116871 37 .13 0263 10154 H-3-54 62116862 145.13 6 . 15 0450 Phi l Skylanders Inc. H-3-89 62116887 3.38 0450 Phi l Skylanders Inc. H-23-112 209405 6 7 .6 5 136.00 0450 Phil Skylanders Inc. H-23-113 214479 37 . 13 45.00 0450 Phil Skylanders Inc. H-23-113 227425 1,496.00 2 9 8 . 18 0450 Phil Skylanders Inc. H-23-114 227475 495.00 1,72 7 .27 0450 Faircargo H-23-114 228382 3,28 0 .00 10,307 .00 H -23 - 178 12753 19, 000 .00 5,006 .00 11 3, 377 .00 4,747 .00 55 ,066. 00 5 ,57 1.00 52,2 17.00 115.83 61 ,28 1.00 11\ .29 1,27 4 . 13 2 14 .30 157 .19 21\4.21 2,3 57.30 29 57 2,686.3 1 119 81 325 .27 1,3 17 89 P<lrJC H of 72

ANNEX A ~ BENGUET CORPORATION -versus- 1: COMMISSIONER OF INTERNAL REVENUE ~ d and COMMISSIONER OF CUSTOMS �I CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purc hase Disallowed Number Amount Input VAT 0450 Cargohaus. Inc . H-23-252 0450 141 54 H-23-329 0324075 7,145 .30 649 .57 0452 Abenson, Inc. 0000081 1,155.00 105.00 0452 BO CCI H-8-27 11 9755 1,335.00 121 .36 0452 BOCC I H-8- 141 SA2055 2,145.00 195.00 0452 BOCCI H-8-153 to H-8-154 SA2101 2,343 .95 213 .09 04 52 BOCC I H-8- 155 to H-8-159 SA2102 3,382 .45 307 .50 0452 BOCC I H-8-159 to H-8-161 SA2104 2,361 .10 214 .65 0452 BOCCI H-8-162 SA2103 1,048 .68 0452 BOCCI H-8- 164 to H-8-167 SA2105 3 ,347 .05 95.33 0452 BOCCI H-8-168 to H-8-173 SA2106 12,764 .00 304 .28 0452 BOCC I H-8-17 4 SA2107 1,160.36 0452 BOCCI H-8-175 SA2109 537 .30 0452 BOCCI H-8- 176 to H-8-1 7.7 SA2110 1,29 1.00 48.85 0452 BOCC I H-8- 177 to H-8-17 8 SA21 12 117 .36 0452 BOCCI H-8-178 to H-8- 180 SA2113 213 .60 0452 BOCCI H-8- 180 to H-8-181 SA2114 1.165 00 19.42 0452 BOCCI H-8-182 to H-8-18 5 SA2115 105 .91 0452 BOCCI H-8-186 SA2116 375 .15 0452 BOCCI H-8- 187 to H-8-188 SA2117 845 .20 34 .10 0452 BOCCI H-8-189 to H-8- 190 SA2118 4,133.85 76 .84 0452 BOCCI H-8-191 to H-8-193 SA2119 375.80 0452 BOC CI H-8-193 to H-8-195 SA2120 6 5 . 95 0452 BOCCI H-8- 196 to H-8-197 SA2121 3,078 .60 6 .00 0452 BOCCI H-8-198 SA2123 4,838.75 279 .87 0452 BOCCI H-8-200 to H-8-2 02 SA2126 4,838 .10 439 .89 0452 BOCCI H-8-2 03 SA2127 439.83 0452 BOCCI H-8-205 to H-8-2 06 SA2129 972 .25 045 2 BOCCI H-8-21 0 SA2130 2,6 46 .75 88.39 0452 BOCCI H-8-238 SA2227 240 .61 0452 BOCCI H-8-23 9 SA2232 600 .00 0452 BOCC I H-8-240 to H-8-241 SA2235 2,999 .30 54 .55 0452 BOCCI H-8-242 to H-8-243 SA2237 272 .66 0452 BOCCI H-8-2 44 to H-8-247 SA2238 993 .45 0452 BOCCI H-8-248 to H-8-2SJ SA2239 93 1.80 90 .31 0452 BOCCI H-8-251 SA2240 150 .35 84 .71 0452 BOCCI H-8-252 to H-8-257 SA2241 5,399 .79 13 .67 0452 BOCCI H-8-258 to H-8-263 SA2242 3,957 .90 490 .89 0452 BOCCI H-8-264 to H-8-265 SA2243 1.93 7.45 359 .81 0452 BOCCI H-8-266 to H-8-27 0 SA2244 3, 000 00 176 . 13 0452 BOCCI H-8-271 to H-8-279 SA2245 1,872 .70 272 .73 0452 BOCCI H-8-280 to H-8-282 SA2246 1.984 05 170 25 0452 BOCCI H-8-283 to H-8-285 SA2247 756 .00 18 0 .37 0452 Brain Compu ter Corporation H-8-286 SA2248 9,760 .55 68 .73 0452 Brain Computer Corpora tion H-8-287 3,013 05 887 .32 0452 CIGI H-8-288 4335 797 .00 273 .91 0452 Cruz Trading & Equipment H-8-295 4442 3 ,9 5 8 . 4 5 72.45 0452 Cruz Trading & Equipment H-8-298 1241 19.243 70 359 .86 0452 Cruz Trading & Equipment H-8-299 151 2 .486 00 1,749.43 0452 Cruz Trading & Equipment H-8-300 505 699 05 226 .00 0452 Chia's Emporium H-8-301 506 455 .00 63. 55 0452 Divine Mercy Apostol H-8-308 522 27 ,500 .00 41 .36 0452 Divine Mercy Apostol 5032 1 3,300 .00 2, 500 .00 H-9- 1 11 21 1 3 , 6 5 0 .0 0 300.00 H-9-1 1122 73 .550 00 1, 240.91 40,590 .00 6 .686 36 11 ,440 00 3,690 00 54.4 55 00 1,040 00 1,400.00 4,950.45 1,136 00 127 27 3,536 50 103 27 32 1 50 , ' l �:� page 9 of 2? 1 ..... _; <..)

I� ANN EX A BENGUET CORPORATION -versus - COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Su pp lier Exhibit Referen ce Purchase Disa ll owed Number Amount Input VAT 0452 Divine Mercy Apostol H-9-2 0452 Divine Mercy Apostol H-9-2 1123 1,542 .00 140 . 18 0452 Divine Mercy Apostol H-9-3 1124 841 .50 76.50 0452 Divine Mercy Apostol H-9-3 1125 0452 Divine Mercy Apostol H-9-4 1127 2 ,2 0 8 .00 200.72 0452 Divine Mercy Apostol H-9-4 1128 888 .00 80 .72 0452 Divine Mercy Apostol H-9-5 1129 0452 Divine Mercy Apostol H-9-5 1130 3.797 50 345 .22 0452 Divine Mercy Apostol H-9-6 1132 2,1 63.00 196 .63 0452 Divine Mercy Apostol H-9-6 1134 1,970 .00 17 9 .0 9 0452 Divine Mercy Apostol H-9-7 1135 1.7 55.00 159 .54 0452 Divine Mercy Apostol H-9-7 1136 3,870 .50 35 1.86 0452 Divine Mercy Apostol H-9-8 1139 2, 146.50 19 5 . 13 0452 Divine Mercy Apostol H-9-8 1140 1, 6 5 3 .00 0452 Divine Mercy Apostol H-9-9 1141 3 ,097.00 49. 09 0452 Divine Mercy Apostol H-9-9 1142 1,788 .00 2 8 1.54 0452 D.M. Au to Supply H-9-61 1144 1,359.00 162 .54 0452 Endrino Motor Parts H-9-75 188041 1,2 4 8 .00 123 .54 0452 Farmacia Esperanza H-9-76 1048 1,125.00 11 3.45 0452 Farmacia Esperanza H-9-77 5992 21,500 .00 102.2 7 0452 Farmacia Esperanza H-9-77 6746 1,954 .54 0452 Farmacia Esperanza H-9-77 6749 630 .00 0452 Fa rmacia Esperanza H-9-77 6751 2, 150.00 57 .27 0452 Farmacia Esperanza H-9-78 6752 195.46 0452 Farmacia Esperanza H-9-79 6805 621 .10 0452 Farmacia Esperanza H-9-80 6753 469.00 56 .47 0452 Farmacia Esperanza H-9-80 6809 4 2 .64 0452 Fa rmacia Esperanza H-9-80 6811 98.45 0452 Farmacia Esperanza H-9-80 6812 165.00 8.95 0452 Farmacia Esperanza H-9-80 6816 14 .083 .10 15 .00 0452 Farmacia Esperanza H-9-81 6819 22 0 .00 1,280 .29 0452 Farmacia Esperanza H-9-81 6823 87 ,559.96 2 0 .0 0 0452 Farmacia Esperanza H-9-81 6838 7,029.65 7.960 00 0452 Farmacia Esperanza H-9-81 6842 1,389 .0 0 639 06 0452 Farmacia Esperanza H-9-82 6844 11 ,586 .25 126 .28 0452 Farmacia Esperanza H-9-83 6846 183 .00 1,053 .30 0452 Farmacia Esperanza H-9-83 7145 855 .00 16 .64 0452 Farmacia Esperanza H-9-83 7146 6,626 .35 77 .73 0452 Farmacia Esperanza H-9-83 7147 61 ,5;J9 .25 602 40 0452 Farmacia Esperanza H-9-84 7148 2,872. 00 5.593 57 0452 Farmacia Esperanza H-9-84 7149 11,620 .00 26 1 09 0452 Farmacia Esperanza H-9-85 7150 2 17 .50 1,056 .37 0452 Farmacia Esperanza H-9-86 7301 7,11 7.60 19 .78 0452 Farmacia Esperanza H-9-86 7302 444 .90 647 06 0452 Farmacia Esperanza H-9-87 7304 4.262 .50 40.45 0452 Farmacia Esperanza H-9-87 7305 49.25 387 .50 0452 Farmacia Esperanza H-9-87 7307 72 70 4.4 8 0452 H-9-87 7308 7,220 .00 6 .6 1 0452 Farmacia Esperanza H-9-88 7311 495 .00 656.37 0452 Farmacia Esperanza H-9-88 7314 11 ,750.00 45.00 0452 Farmacia Esperanza H-9-88 7316 703 .00 1,06 8 . 19 0452 Farmacia Esperanza H-9-88 7317 2,32 1.10 6 3.9 1 0452 Farmacia Esperanza H-9-89 7321 1,22 0 .00 21101 Farmacia Esperanza 7327 1, 10 0 .00 110 .91 12,346 .10 100.00 1,240 .0 0 1,122 38 1,830 .00 11 2. 73 10,756. 00 16 6 . 37 94 ,352 86 977 82 8,577 54

ANNEXA BENGUET CORPORATION - versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amount Input VAT 0452 Farmacia Esperanza H-9-90 04 52 Farmacia Esperanza H-9-90 7323 1,62 0 .00 147 .28 0452 Fa rmacia Esperanza H-9-91 7334 16,93 1.90 1,539 .27 0452 Farmacia Esperanza H-9 -91 7341 0452 Farmacia Esperanza H-9-91 7343 1.850 00 168. 19 0452 Farmacia Esperanza H-9-91 7344 2 00 .00 18.19 0452 Farmacia Esperanza H-9-92 7345 0452 Farmacia Esperanza H-9-92 7346 17 ,829.60 1.620 88 0452 Farmacia Esperanza H-9-93 7347 264.40 24 04 0452 Farmacia Esperanza H-9-93 7552 0452 Farmacia Esperanza H-9-93 7555 2, 340.00 2 12 .73 0452 Farmacia Esperanza H-9-93 7557 774 .00 70 .37 0452 Farmacia Esperanza H-9-94 7559 7 18.00 65 .28 0452 Farmacia Esperanza H-9-94 7566 0452 Farmacia Esperanza H-9-94 7571 2, 283.40 207.59 0452 Farmacia Esperanza H-9-94 7573 6,36 8 .90 578 .99 0452 Farmacia Esperanza H-9-95 7576 2,665 .00 242 .28 0452 Farmacia Esperanza H-9-95 7577 3, 186.00 289. 64 0452 Farmacia Esperanza H-9-95 757 8 9. 18000 834 .55 0452 Farmacia Esperanza H-9-96 7583 3,471 .00 315 .55 0452 Farmacia Esperanza H-9-96 7595 1,23 9 .00 11 2.64 0452 Farmacia Esperanza H-9-97 7598 7, 965 .30 724 . 12 0452 Farmacia Esperanza H-9-98 7600 8,123.50 738 .50 0452 Farmacia Esperanza H-9-98 7651 16,572. 00 1,506 .55 04 52 Farmacia Esperanza H-9-98 7652 6 ,3 24 .00 574 .91 0452 Farmacia Esperanza H-9-99 7653 10,818.60 983 . 51 0452 Farmacia Esperanza H-9-99 7663 0452 Farmacia Esperanza H-9-99 7664 129.60 11 .78 0452 Farmacia Esperanza H-9-99 7668 1,776 .00 161.46 0452 Farmacia Esperanza H-9-100 7669 4,059 .20 369 .02 0452 Fa rmacia Esperanza H-9-1 01 7670 1,455.04 132.28 0452 Farmacia Esperanza H-9-101 7671 0452 Farmacia Esperanza H-9- 101 76 7 2 672 .00 61 09 0452 Farmacia Esperanza H-9 -101 76 7 3 2, 291 .25 208 .30 0452 Farmacia Esperanza H-9- 110 7674 100,714 .37 9, 15 5.85 0452 Farmacia Esperanza H-9-110 7874 1,875. 00 170.46 0452 Farmacia Esperanza H-9- 110 7877 2, 707 .50 246 . 14 0452 Farmacia Esperanza H-9 - 110 7879 10.027 70 911.6 1 0452 Farmacia Esperanza H-9- 111 7881 5,500 .00 500 .00 0452 Farmacia Esperanza H-9-111 7883 1,346 .15 122.38 0452 Farmacia Esperanza H-9- 111 7884 0452 Farmacia Esperanza H-9- 111 7885 428 .00 38 .91 0452 Farmacia Esperanza H-9-112 7886 294 .00 26 .73 0452 Farmacia Esperanza H-9-112 7887 0452 Farmacia Esperanza H-9-112 7889 97 .20 8.84 0452 Farmacia Esperanza H-9-112 7890 92 .50 8.4 1 0452 Farmacia Esperanza H-9- 113 7891 98 .45 8.95 0452 Farmacia Esperanza H-9-113 7893 10,324 .00 938 .55 0452 Farmacia Esperanza H-9-113 7894 46 .70 4.25 0452 Farma cia Esperanza H-9-114 78 96 75 .50 6.87 0452 Farmacia Esperanza H-9-115 7899 180 05 16.37 0452 Farmacia Esperanza H-9-115 7898 94 .75 8.62 0452 Frigid Zone Aircon H-9-117 7900 232 .87 2 1. 17 824 150.00 13.6 4 9.482 00 862 .00 185 00 16.82 265 70 24 16 265 70 24 16 766 .00 69.64 21.916 45 1.992 41 13,54500 1,23 1 37 2,620 00 238 .18 1 1 ' �,�J paq e 11 of 22 )I

A NN E X A BENGUET CORPORATION - versus - COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Su pplier Exhibit Reference Purc h ase Disa llowed Number Amo u nt Input VAT 0452 JCL '26 Auto Supply H-9-168 7508 640 .00 58 .18 0452 JCL '26 Auto Supply H-9-169 7510 9,880 .00 898 .00 0452 Mother & Chi ld Pharmacy H-9- 190 0978 23 ,748 .50 2. 15896 0452 Mother & Child Pharmacy H-9-194 0979 30, 11 2.75 2,737 .53 0452 Mother & Child Pharmacy H-9-198 0980 23,6 17 .50 2.147 .05 0452 Mother & Chi ld Pharmacy H-9 -201 0981 44 ,076.50 4 ,0 06 .96 0452 Mother & Chi ld Pharmacy H-9-206 0982 22,824 .50 2.074 .96 0452 Mother & Child Pharmacy H-9-21 0 0983 25,640.75 2.330 98 0452 Mother & Chi ld Pharmacy H-9-2 14 0984 30, 114.50 2.737 .68 0452 Mother & Child Pharmacy H-9-2 18 0985 21,086. 75 1,916.98 0452 New Arc Drug H-10-10 52703 2 ,6 6 8 .87 242 .63 0452 New Arc Drug H-10- 10 540282 1, 150 .00 104 .54 0452 New Arc Drug H-10- 11 52704 1,084.45 0452 New Arc Drug H-10-11 52706 98 .59 0452 New Arc Drug H-10- 12 52707 96 .00 8.73 0452 New Arc Drug H-10 - 12 52708 2,230 .70 0452 New Arc Drug H-10-13 54592 202 .79 0452 New Arc Drug H-10-13 54593 709.40 64.49 0452 New Arc Drug H-10- 14 54594 1,492 .60 0452 New Arc Drug H- 10-14 54595 2,055.80 135.69 0452 New Arc Drug H- 10-15 54596 2,361.10 186.8 9 0452 New Arc Drug H-10-15 54597 2 ,359 .6 0 214.65 0452 Netruma Inc. H- 10-16 20236 214.51 0452 Olongapo Gas Corp. H-10-7 3 2424 789.7 0 0452 Olongapo Gas Corp . H- 10-74 2425 132 .00 7 1.79 0452 Olongapo Gas Corp. H- 10 -75 2428 39,510 .00 12.00 0452 Rod riguez Marketing H- 10-93 387 8,750 .00 3,591 .82 0452 Tripp le JA Enterprises H- 10- 161 516 2,730 .00 795.45 0452 Tread Bu ilt Corporation H-1 0-166 3865 9,500 .00 248 .18 0452 Tread Built Corporation H- 10 - 167 3901 206,185 .98 863 .64 0452 Tread Built Corporation H- 10-171 to H-10 -~72 41 23 8,500 .00 18,744 . 18 0452 Transducer Phi ls. H-10-173 1020 62, 162.10 772 .72 0452 The Sanitary Bazaa r H-10- 178 111 619 55 ,000.00 5,651 .10 0452 Va cphil 1-t - 10- 187 11023 9,000. 00 5 ,000 .00 0452 Vacphil H- 10-188 11024 15, 01 8.00 8 18. 18 0452 Va cphil H-10-189 11026 5,983. 75 1,365 .27 0452 Vacphil H- 10-190 11027 9,06 5.25 543 .97 0452 Vision Electronics H- 10-193 185776 39,98 4 .00 82 4.11 0452 VAC -CAP Marketing H- 10-194 053 3 ,6 50 .00 3,634.9 1 0452 William Motor Sales Co. H-1 0-201 4023 23 ,431 00 3 3 1.82 0452 Philippine Explosive H- 11 - 164 6323 510 .00 2,130.09 06 15 N.S. People's Cargo H-19- 125 AAB-009-96 2, 550 .00 46. 36 0615 Mercury Drug Corporation H-20-1 to 1-1-20-146 SA043096 3,83 0 .00 23 1 82 0615 Mercury Drug Corporation 1-t-2 1-292 to H-2 1-402 71 .979 60 348 .18 0645 Allied Hasp Supply lnt'l Corp 31177 1,259. 38 6,51\ 3 60 0645 Allied Hasp Supply lnt'l Corp H-6 - 7 31178 74,593 02 114.4 9 H-6-8 0732 6 1,124.05 6,78 1.18 0645 Arcman lnd' l Enterprises H-6-9 0738 150.00 5, 556.73 0645 Arcman lnd'l Enterprises 0741 13 .6 4 0645 Arcman lnd'l Enterprises H-6-10 0742 75 .00 0645 Arcman lnd'l Enterprises H-6-11 0739 22 5 .30 6 .8 2 0645 Arcman lnd'l Enterprises H-6-12 0746 3,539 60 20.4 8 0645 Arcman lnd'l Enterprises H-6- 13 0748 620 00 32 1 78 0645 Arcman lnd'l Enterprises H-6- 14 3 10 00 56.36 H-6-15 222 .80 28 . 18 89 1.20 2,673 GO 20. 2~i 81 02 71\3 05 pacw 12 of /7

ANNEX A BENGUET CORPORATION - versus - COMMISSIONER OF INTERNAL REVENU E and COMMISSIONER OF CUSTOMS CTA CASE NO . 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchas e Disallowed Number Amount Input VAT 0645 Arcman lnd' l Enterprises H-6- 16 0645 Arcman lnd'l Enterprises H-6-17 0750 222 .80 20.25 0645 Baguio Rational Auto Supply H-6-22 0747 89 1.20 81 .02 0645 Bagui o Rational Auto Suppl y H-6-23 67792 0645 Baguio Rational Auto Supply H-6-24 67804 67 .00 6 09 0645 Baguio Rational Auto Supply H-6-25 67818 6 4 0 .0 0 58 .18 0645 Baguio Rational Auto Supply H-6-26 67848 1,895.00 172 .27 0645 Baguio Rational Auto Supply H-6-27 67857 286 .00 26 .00 0645 Baguio Rational Auto Supply H-6-28 67815 840 .00 76 .36 06 45 Baguio Rational Auto Supply H-6-29 678 17 0645 Baguio Rational Auto Supply H-6-30 67824 45 .00 4 09 0645 Baguio Rational Auto Supply H-6- 3 1 67825 940.00 85.45 0645 Baguio Rational Auto Supply H-6-32 67838 525 .00 47 .73 0645 Baguio Rati onal Auto Supply H-6-33 67807 3, 985 .00 36 2.27 0645 Bagu io Rati onal Auto Supply H-6-34 67809 133.00 12 09 0645 Baguio Rational Auto Supply H-6-35 67839 9 15.00 8 3 . 18 0645 Baguio Rational Auto Supply H-6-36 67840 968 .00 88.00 0645 Baguio Rational Auto Supply H-6-37 67868 7 ,9 7 0 .00 724 .55 0645 Baguio Rational Aut o Supply H-6-42 67869 590.00 53 .64 0645 Coli-s Diesel Service & Auto H-6-50 67826 1,780.00 161 .82 0645 Dispo Philippines , Inc. H-6-59 8670 236.00 21.45 0645 Dispo Philippines, Inc. H-6-60 134259 0645 Greenland Sales H-6-62 134252 25.00 2 .27 0645 Greenland Sales H-6-63 29322 7 ,6 0 0 .00 690 .91 0645 Greenland Sales H-6-64 29505 2,142 .00 194 .73 0645 Greenland Sales H-6-65 29504 3, 900 .00 354 .55 0645 Greenland Sales H-6-66 29502 0645 Greenland Sales H-6-67 29510 84 .00 7 .6 4 0645 Greenland Sales H-6-68 295 12 135.00 12 .27 0645 Greenland Sales H-6-69 29397 135.00 12 .27 0645 Greenland Sales 29572 180.00 16 .36 0645 Greenland Sales H-6 ~ 70 29514 4 ,530 .00 411 .82 0645 Greenland Sales 29524 820.00 74.55 0645 Greenland Sales H-6-71 29619 275 .00 25.00 0645 Greenland Sales H-6-72 29621 2, 400 .00 218 .18 0645 Greenland Sales H-6-73 29623 0645 J.C. Commercial Center H-6-74 29513 22 .00 2 .0 0 0645 J.C. Commercial Center H-6-89 61572 1,200 .00 109 .09 0645 J .C . Commercial Cente r H-6-94 6'1753 0645 J .C . Commercial Center H-6-95 61757 340 .00 30.91 0645 J .C . Commercial Cen ter H-6-96 61760 600 .00 54 .55 0645 J .C . Commercia l Center H-6-97 61762 300 .00 27 .27 0645 J .C . Commercial Center H-6-98 61737 0645 J .C . Commercia l Cen ter H-6-99 61739 70 .00 6 .36 0645 J.C. Commercia l Center H-6-100 61751 16 .50 1.50 0645 J .C . Commercia l Center H-6-101 61780 18 .50 1.68 0645 J.C. Commercial Center H-6- 102 61701 28 .50 2.59 0645 J .C . Commercia l Center H-6- 103 61763 2 10.00 19 09 064 5 J.C. Commercial Center H-6-1 04 6 1732 18 .5 0 1.68 0645 J .C . Commercia l Center H-6- 105 61741 378 .00 34 .36 0645 J.C. Commercial Center H-6-106 6 1754 623 .00 56 .6 4 0645 J .C . Commercial Center H-6- 107 61778 18 . 50 1.68 0645 J.C. Commercial Center H-6-108 61784 1,360.00 123 .64 H-6-109 61789 92 .50 8.41 H-6- 110 11 1.0 0 10 .09 1, 100 .00 100 00 11�, '; 551 00 50 09 256 00 23 . 27 J '-� 255 00 23 18 697 50 G3 4 1 390 00 35 tJ5 pilgt: 13 of 22

ANNEX A BENGUET CORPORATION -versus- COMMISSIONER OF INTE RNAL REVEN UE and COMMISSIONER OF CUSTOMS CTA CAS E NO. 5677 SCH EDULE OF ADDITIONAL DISALLOWANC ES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERI FICATION Su p pli er Exhibit Reference Purchase Disa llowed Number Amount Input VAT 0645 J.C. Commercial Center H-6-111 0645 J.C. Commercial Center H-6- 112 61786 802.00 72 .91 0645 J.C. Commercial Center H-6-113 61787 544 .50 49 .50 0645 J.C. Commercial Cen ter H-6-114 61842 222 .00 20.18 0645 J.C. Commercia l Center H-6-115 61788 222 .00 20 . 18 0645 J.C . Commercial Center H-6 -116 61779 855 .00 77 .73 0645 J.C. Commercial Center H-6 - 117 61734 320 .00 29 09 0645 J.C. Commercial Center H-6-118 61863 1,570 .00 14 2 .73 0645 J.C. Commercial Center H-6 - 119 61865 790 .00 71 .82 0645 J.C. Commercia l Center H-6 - 120 61867 416 .00 37 .82 0645 J.C. Commercial Center H-6-121 61735 285 .50 25 .95 0645 J.C. Commercial Center H-6-122 61864 850 .00 77 .27 0645 J.C. Commercial Center H-6-123 61868 0645 J.C. Commercial Center H-6-124 61880 45 .00 4 09 0645 J.C. Commercial Center H-6 - 125 61881 915 .00 83 .18 0645 J.C. Commercial Center H-6- 126 61761 0645 J.C. Commercial Center H-6-139 61866 37 .00 3.36 0645 J .C. Commercial Center H-6- 140 61755 134 .00 12.18 0645 J.C. Commercia l Center H-6-141 61759 0645 J.C. Commercial Center H-6- 142 61843 97 .00 8.82 06 4 5 J.C. Commercial Center H-6- 143 61844 32 .00 2.91 0645 JP Printhaus H-6-147 61845 128.00 11 .64 06 4 5 Laser Marketing H-6- 148 1061 32 .00 2 .91 0645 Laser Marketing H-6-149 22107 28 .50 2.59 0645 Laser Marketing H-6-149 22204 89 .00 8.09 0645 Laser Marketing H-6-150 22205 1,250.00 113.64 0645 Laser Marketing H-6- 150 22106 750 .00 68 . 18 0645 Laser Marketing H-6 - 151 22159 750 .00 68 . 18 0645 Laser Marke ting H-6- 151 22162 160 .00 14.55 06 4 5 Laser Marketing H-6 - 152 22206 11 2.50 10.23 0645 Laser Marketing H-6- 152 22200 645 .00 58 .64 0645 Laser Marketing H-6- 153 22202 6.800 00 618 .18 0645 Laser Marketing H-6-153 22201 231 .00 21 .00 0645 Laser Marketing H-6- 154 22208 63 .50 5.77 0645 Laser Marketing H-6-154 22209 883 .00 80.27 0645 Mac Machine Shop H-6-158 22210 179.00 16.27 0645 Mac Ma chine Shop H-6-159 26163 45 .00 4 09 0645 Northlander Gen . Mercantile H-6-160 26152 2 16.0 0 19.64 0645 North lander Gen . Mercantile H-6 - 161 80388 216 .00 19.64 0645 Northlander Gen. Mercantile H-6 - 161 80241 500 .00 45.45 0645 Northlander Gen. Mercantile H-6- 162 80375 4,700 .00 427.27 0645 Northlander Gen. Mercantile H-6-162 80237 4,985. 00 453 .18 0645 North lander Gen . Mercantile H-6-163 80239 676 .00 61.45 0645 Northlander Gen . Mercantile H-6-163 80240 56 .00 5 09 0645 Northlander Gen . Mercantile H-6-164 80299 3 10 .00 28 .18 0645 Northlander Gen. Mercantile H-6-164 80419 60. 00 5.45 0645 Northlander Gen . Mercantile H-6- 165 80532 450. 00 40 .91 0645 Northlander Gen. Mercantile H-6-165 80436 724 .00 65 .82 0645 Northlander Gen. Mercantile H-6-166 80526 1,360. 00 123 64 0645 Northlander Gen . Mercantile H-6- 166 80529 53. 00 4 .82 0645 Northlander Gen. Mercantile H-6-167 80420 216 00 19 64 0645 Northlander Gen. Mercantile H-6-167 80457 22 .50 2 05 0645 Northlander Gen. Mercantile H-6 - 168 80525 1,130.00 102 73 80528 1,578 .5 0 143 .50 111 0 500 .00 45 45 750 00 68. 18 173.50 15 77 paqe 14 of 77

A NN EX A BENGUET CORPORATION - vers us - COMMISSIONER OF INT ERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANC ES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FU RTH ER VERI FICATION Sup pli er Exhibit Reference Purchase Disallowed Number Amount Input VAT 0645 Northlander Gen. Mercantile H-6-168 0645 Northlander Gen. Mercantile H-6- 169 80500 1,367 .00 124 .27 0645 Northlander Gen . Mercantile H-6 - 169 80549 3 ,400 .00 309 09 0645 Northlander Gen. Mercantile H-6-170 80600 0645 Northlander Gen. Mercantile H-6- 170 80607 385 .00 35 .00 0645 Northlander Gen . Mercantile H-6-171 80596 90 .00 8.18 0645 Northlander Gen. Mercantile H-6-171 80594 0645 Northlander Gen. Mercantile H-6-174 80599 280 .00 25.45 0645 Northlander Gen. Mercantile H-6-175 80499 680 .00 6 1.82 0645 Northlander Gen. Mercantile H-6- 175 80384 360.00 32.73 0645 Northlander Gen. Mercantile H-6-176 80534 0645 Northlander Gen . Mercantile H-6-176 80590 30 .00 2.73 0645 Northlander Gen . Mercantile H-6-177 80597 73 .00 6.64 0645 Ong King Auto Supply H-6-190 80598 120.00 10.91 0645 Ong King Auto Supply H-6- 190 47578 96 .00 8.73 0645 Ong King Auto Supply H-6-191 48083 670 .00 60 .91 0645 Ong King Auto Supply H-6- 191 48086 655 .00 59 .55 0645 Ong King Auto Supply H-6-192 48097 4,000 .00 363 .64 0645 Ong King Auto Supply H-6-192 48075 34 .00 3 09 0645 Ong King Auto Supply H-6 - 193 48076 1,2 4 0 .00 112.73 0645 Ong King Auto Supply H-6 - 193 48084 360 .00 32 .73 0645 Ong King Auto Supply H-6-194 48078 5 ,9 1 0 .00 537 .27 0645 Ong King Auto Supply H-6- 194 48088 1,495 .00 135.91 0645 Ong King Auto Supply H-6- 195 48072 130.00 11 .82 0645 Ong King A uto Supply H-6 - 195 48073 525.00 47 .73 0645 Ong King Auto Supply H-6-196 48096 1.640 00 149 09 0645 Ong King Auto Supply H-6-196 48129 5,380. 00 489 09 0645 Ong King Auto Supply H-6-197 48080 250.00 22. 73 0645 Ong King A uto Supply H-6-197 48081 3,780. 00 343.64 0645 Ong King Auto Supply H-6-198 48087 3 ,0 0 0 .00 272 .73 0645 Ong King Auto Supply H-6-198 48099 7 2 0 .00 65.45 0645 Ong King Auto Supply H-6-199 48233 2,200.00 200 .0 0 0645 Ong King Auto Supply H-6-199 48234 1,080 .0 0 98.18 0645 Ong King Auto Supply H-6-200 48276 3,280 .00 298 .18 0645 Ong King Auto Supply H-6-200 48 227 400.00 36 .36 0645 Ong King Auto Supply H-6-201 48230 280 .00 25 .45 0645 Ong King Auto Supply H-6-201 48266 350 .00 3 1.82 0645 Ong King Auto Supply H-6 -202 48235 3,360.00 305 .45 0645 Ong King Auto Supply H-6-202 48237 150.00 13 64 0645 Ong King Auto Supply H-6-203 48130 6,500 00 590.9 1 0645 Ong King Auto Supply H-6-203 482 22 87 4 00 79 .45 0645 Ong King Auto Supply H-6-204 48 278 41 0.00 37 .27 0645 Ong King Auto Supply H-6-204 48232 620.00 56.36 0645 Ong King Auto Supply H-6-205 48257 4 ,88 0 .0 0 443.64 0645 Ong King Auto Supply H-6-205 48223 7 ,880.00 7 16.36 0645 Ong King Auto Supply H-6-206 48228 2,520 .00 229 09 0645 Ong King Auto Supply H-6-206 48229 980.00 89 09 0645 Ong King Auto Supply H-6-207 48239 1,468 .00 133.45 0645 Ong King Auto Supply H-6-207 48324 350 .00 3 1.82 0645 Ong King Auto Supply H-6-222 48323 885 .00 8045 0645 Ong King Auto Supply H-6-225 48231 6 ,39 0 .00 580 9 1 0645 Pines Royal Enterprises H-6-226 44514 380 00 34 .55 0645 Pines Royal Enterprises H-6-227 11231 1,600 .00 145 45 11237 52 .00 4.73 1 11 .1. 10.700 00 972 73 9. 948 00 904 3G 320 .00 29 OD p<1 ge 15 o f 7?.

ANNEX A BENGUET CORPORATION -versus - COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- Jrd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purch ase Disallowed Number Amount Input VAT 0645 Pines Royal Enterprises H-6-2 28 064 5 Pines Royal Enterprises H-6-229 11227 4 0 0 .0 0 36 .36 0645 Pines Royal Enterprises H-6-230 11178 480.00 43 .64 0645 Pines Royal Enterprises H-6-2 31 11175 63 0 .00 57 .27 0645 Pines Royal Enterprises H-6-232 11174 174 .00 15.82 0645 Pines Royal Enterprises H-6-233 11181 1, 200 .00 109 09 0645 Pines Royal Enterprises H-6-234 11188 1,735 .00 157 .73 0645 Pines Royal Enterprises H-6-2 35 11183 1, 560.00 14 1.82 0645 Pines Royal Enterprises H-6-236 11177 15,240 .00 1,385. 45 0645 Pines Royal Enterprises H-6-2 37 11186 2,078 .00 188 .9 1 0645 Pines Royal Enterprises H-6-238 11180 3,820 .00 347.27 0645 Pines Royal Enterprises H-6-2 39 11176 10,880 .00 989 09 0645 Pines Royal Enterprises H-6-2 41 11189 1, 180.00 107 .27 0645 Pines Royal Enterprises H-6-243 11190 4,500 .00 409 09 0645 Pines Roya l Enterprises H-6-2 44 11 236 0645 Pyramid Hardware & Canst. H-6-2 58 11238 72 .00 6.55 0645 Pyramid Hardware & Canst. H-6-259 13780 480.00 43 .64 0645 Pyramid Hardware & Cons!. H-6-259 14073 2,356 .00 2 14 . 18 0645 Pyramid Hardware & Canst. H-6-260 14074 2,875 .00 26 1.36 0645 Pyramid Hardware & Canst. H-6-260 14087 6, 192 .00 562.91 0645 Pyramid Hardware & Canst. H-6-261 14169 16 5.00 15.00 0645 Ricmar Diesel Center H-6-264 14170 7, 169.00 6 5 1.7 3 0645 Ricmar Diesel Center H-6 -2 65 0940 37 5 .00 34 09 0645 Ricmar Diesel Center H-6-266 0948 4, 795.00 435 .91 0645 Ricmar Diesel Center H-6-267 0949 5 ,850 .0 0 5 3 1.82 0645 Ricmar Diesel Center H-6-268 0938 5 ,850 .00 531 .82 0645 Ricmar Diesel Center H-6-269 0939 12 ,3 00 .00 1,118.18 0645 Ricmar Diesel Center H-6-270 0941 16,0 16.00 1,456 .00 0645 Silahis Marketing Corporation H-6-277 0945 60 0 .00 54 .55 0648 Collector of Customs - Subic H- 1-1 2 50695 950 .00 86 .36 0648 Col lector of Customs - Subic H- 1-17 63970557 10,3 15.50 937 .77 0648 Collector of Customs - Subic H-1-22 63970532 167,904 .00 15, 26 4 00 0648 Collector of Customs - Subic H-1 -27 6244 6045 6 12,007 .00 55,637 .00 0648 Collector of Customs - Subic H-1 -31 62446072 443 ,421 .00 40 ,3 11 00 0648 Collector of Customs - Subic H-1-36 62446054 47, 179.00 4 ,289 .00 0648 Collector of Customs - Subic H- 1-117 62446036 58 ,685 .00 5,335 .00 0648 Collector of Customs - Subic H-1-124 639 70602 51,579 .00 4 ,689 .00 0648 Collector of Customs - Subic H-1 -133 6390584 81 ,52 1.00 7,41 1 00 06 48 Collector of Customs - Subic H-1-1 38 639 70 59 3 299,178 .00 27 ,198.00 1702 Monark Equipment Corp H-12- 156 63970575 957,176 .00 87.0 16.00 1702 Oriental Canst. & El H- 12- 180 160285 50,567 00 4,597. 00 1702 Oriental Canst. & El H- 12-181 161097 190 .30 17 .30 1702 Up-Town Industrial H- 12-312 161094 6,966 .00 633 .27 1702 Up-Town Industrial H-12-3 15 40 62 5 72, 714.25 6,6 10 39 1702 Up-Town Industrial H-12-3 16 40709 1, 277 .30 1 16 . 12 1702 Up-Town Industrial H-12-3 18 417 94 2,805 00 255 .00 1702 Up-Town Industrial H- 12-319 40840 5,354 00 48 6 .73 1703 Wintra , Inc. H-2- 14 42048 86 ,9 10 00 7.900 9 1 170 3 Draeger Southeast Asia H-2- 19 63970541 4 ,930 .00 448 .18 1703 Tam rock Far East Ltd . H-2-21 63970566 426,734 .00 38,794 00 1703 Tam rock Far East Ltd . H-2-25 62727594 179,1 13 00 16,283 00 1703 Tamrock Far East Ltd . H-2-29 62446115 64,812 00 5.892 00 1703 Tam rock Far East Ltd . H-2-32 62446063 257,499 .00 23,409 00 62727612 118,184 00 10,744 00 161 .359 00 14.669 00 pe1qe 16 of 22

ANNEXA BENGUET CORPORATION - versus - COMMISSIONER OF INTERNAL REVENUE \, and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amount Input VAT H- 2-3 5 1703 Tamrock Far East Ltd . H-2-37 62727603 284,680.00 25,880 .00 1703 EIDA, Inc. H-2-51 62446081 54,593 .00 4,963 .00 1703 TNW Pte , Ltd . H-13-220 63970627 9,778.00 1705 Farmacia Castillo & Gift Shop H- 13-249 107,558. 00 125. 18 1705 Farmacia Castillo & Gift Shop H- 13-249 49326 1,377. 00 104 .36 1705 Farmacia Castillo & Gift Shop H- 13-265 49322 1, 148 .00 233 .74 1705 Farmacia Castillo & Gift Shop H-13 -2 67 49330 2,57 1.00 118.77 1705 Farmacia Castillo & Gift Shop H- 13-271 49321 1,306 .50 66 .14 1705 Farmacia Castillo & Gift Shop H-13-386 49314 727 .50 105.9 1 1705 Geometric.Const & Supply 49313 2 ,363 .6 4 1274 1' 165.00 26 ,000.00 subtotal p 786 ,533 .89 3.) Without supporting documents 0252 Flormas Marketing 3858 p 22 3.50 p 20.32 0252 Baguio Metropolitan Drug 3036 0261 In!' Container Terminal Serv 409635 96 ,244.13 8 ,7 49.4 7 0451 Piltel 0174156 353 .81 32 .16 0452 23029 051 0452 Philippine Allied Enter 54583 841 .72 76 .52 0615 Filipinas Allied 6109 0615 Filipinas Allied 6110 3, 61 6. 00 328 .7 3 0615 Filipinas Allied 6111 0615 SM-Keppel Straits LA SOA0424 508, 000.00 46 ,181.82 0615 14186 3039 0633 Lep International 96-273465 16, 639.75 1,5 12 .70 0642 RTP & Sons, Inc. 286 0645 Arcman lnd'l Enterprises 0740 8,3 14.7 1 75 5 .88 0645 Scientific Industries, Inc. 37311 0648 479 .36 43 .58 0648 AO. Beltran Enterprises 72 8 1702 New Process lmpex Co . 1,01 2,240.70 92, 021.88 1702 Powerlock Industrial 58232 1702 5,2 36.00 476 .00 1, 3 26 .93 12 0 .6 3 2 ,75 0 .00 250 .00 930 .0 0 84 .55 16,574 .80 1,506 .80 1, 584,891 .00 144,081 .00 5,348,805 .00 486,255 .00 15.900 .00 1,445 .45 2,880 .00 26 1.82 1,350 .0 0 122 .73 subtotal p 784,327.04 4.) Supported by documents other than Invoices &/or Official Receipts such as statement of accounts, provisional receipts, tape receipt, repair order, etc. 0261 Arrow Freight Corp. H-30-12; H-30-13 15646 p 23,100 .00 p 2,100 .00 0261 Arrow Freight Corp. H-30-12; H-30-14 15631 0261 Arrow Freight Corp. H-30-12; H-30-15 15630 38,740 .00 3,52 1.82 0261 Arrow Freight Corp. H-30-12; H-30-16 15649 0261 Arrow Freight Corp. H-30-12; H-30-17 15650 14,57 4.00 1,32 4 .9 1 0261 Arrow Freight Corp. H-30-12; H-30-18 15626 0261 Arrow Freight Corp. H-30-12; H-30-19 15668 1 16 ,220 .00 10 ,565 .45 0261 Arrow Freight Corp. H-30-12; H-30-20 15627 0261 Arrow Freight Corp. H-30-12; H-30-21 15686 17 ,070 .00 1,55 1.82 026 1 Arrow Freight Corp. H-30- 12; H-30-22 15685 9,750.40 886.40 26,400 00 2 ,400 .0 0 21,93840 1,994.40 135,590 00 12 ,3 2 6 3 6 7.312 00 664.73 paqe 17 of ?2

ANNEX A BENGUET CORPORATION �versus� COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT� 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchas e Disallowed Number Amount Input VAT H-30-12; H-30-23 0261 Arrow Freight Corp. H-30- 12; H-30-24 15684 34.12000 3.101 .82 0261 Arrow Freight Corp. H-30-12 ; H-30-26 15682 57 ,764 .00 5,251 .27 0261 Arrow Freight Corp. H-30-12; H-30-27 15692 0261 Arrow Freight Corp. H-30-12; H-30-28 15696 1,922.76 174.80 0261 Arrow Freight Corp. H-30-12; H-30-29 15693 4,875 .2 0 443 .2 0 0261 Arrow Freight Corp. 15697 26,400.00 2 ,400 .00 1705 Cindy's H-13-72 5652 10 ,953. 00 995 .73 1705 Citimotors, Inc. H- 13-79 180341 1705 Citimotors, Inc. H-13-80 18692 161.00 14.64 0644 EGB Securjty Agency H-22-82 3952 1,475 00 134.09 0633 Richville Mansion H-18-60 0001014 0633 Richville Mansion H-18-61 0001094 865 .75 78 .70 0633 Richville Mansion H-18-62 0001095 39 ,000.00 3,545.45 0633 Richville Mansion H- 18-63 0001124 0452 BOCCI H-8-1 38 SA2053 2,422.42 220 .22 0452 BOCCI H-8-204 SA2128 2,387.94 217 09 0452 BOCCI H-8-215 SA2133 4 ,375. 13 397 .74 0452 Carworld, Inc. H-8-305 101403 2,253 .14 204.83 3,388 .50 308 05 2,626 .40 238. 76 16,999 .80 1,545.44 35,109 .00 3,191 .72 subtotal p 59,799.43 5.) Invoices &/or Official receipts printed before July 31 , 1991 with only TAN#-VAT# 170 5 CVR Motorworks H-1 3-40 128 p 1,000 00 p 90.9 1 1705 Philgerma Manufacturing, Inc. H- 13-557 976 1705 Philgerma Manufacturing , Inc. H- 13-559 973 13,68 0 .00 1,243.64 1705 Philgerma Manufacturing , Inc. H-13-56 1 974 1705 Philgerma Manufacturing, Inc. H- 13- 563 975 41, 862. 12 3,805 .65 1705 Philgerma Manufacturing , Inc. H-13-565 971 1705 Philgerma Manufacturing , Inc. H- 13-567 977 39 ,050.00 3,550.00 1705 Ph ilgerma Manufacturing , Inc. H- 13-569 978 1705 Philgerma Manufacturing, Inc. H- 13-571 979 4,440.00 403.64 1705 Philgerma Manufacturing, Inc. H- 13-575 980 1705 Philgerma Manufacturing, Inc. H-13-577 981 64,000 .00 5,818.18 1705 Philgerma Manufacturing, Inc. H- 13-579 982 1705 Philgerma Manufacturing, Inc. H-13-581 983 129,918.00 11 ,8 10.73 1705 Philgerma Manufacturing, Inc. H-13-589 966 1705 Philgerma Manufacturing, Inc. H-13-591 965 14 ,976 .00 1,361 .45 1705 Philgerma Manu facturing, Inc. H-13-593 964 1705 Philgerma Manufacturing, Inc. H-13-595 972 2,778 .00 252.55 0452 Philippine Pack ings 58236 0451 FXR Enterprises H-11 -6 242 11,480.00 1,043.64 0451 FXR Enterprises H-24-287; H-24-288 243 0451 FXR Enterprises H-24-290; H-24-291 244 63 ,080.00 5,73 4 .55 0451 FXR Enterprises H-24-294 ; H-24-295 245 0451 FXR Enterprises H-24-298; H-24-299 246 80,000 .00 7,272 .73 0451 FXR Enterprises H-24-302 ; H-24-3l.3 247 0451 FXR Enterprises H-24-305; H-24-306 248 18,720. 00 1,701 .82 0451 FXR Enterprises H-24-309; H-24-3 10 249 0451 FXR Enterprises H-24-313; H-24-314 250 21,750 .00 1,977.27 H-24-317; H-24-31 8 15,925 .00 1,447 .73 2,64 0 .00 240.00 1,050.00 95.45 130,152. 00 11 ,832.00 54,232 .58 4,930.23 395 ,956.52 35,996 .05 43 ,995.17 3,999 .56 464 ,073.70 42,188 .52 51,563 .75 4,6 8 7.61 396,254.49 36,023 14 44,028 . 28 4,002 .57 480 ,200.24 43,654 .57 374,294 .54 34.026 78 111 L; P3!'Je 18 of 22 ~�

ANNEXA BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amount In put VAT H-24-321 ; H-24-322 0451 FXR Enterprises H-24-325; H-24-326 251 53,355 .58 4,850 .51 0451 FXR Enterprises H-24-329 ; H-24-330 252 458 ,899 .97 41,7 18.18 0451 FXR Enterprises 253 0645 Mendoza Bros Radiator Repair H-6-157 2602 41,588.25 3,780 .75 2,300. 00 209 09 subtotal p 319 749.47 6.) Invoices &/or Official Receipts printed after July 31, 1991 with.handwritten or typewritten VI VAT after TIN; without VI VAT after TIN; with handwritten VAT number; without TIN-V/ TIN-VAT 0252 New Baguio Johnny Auto Sup H- 14-111 7903 p 2 18.00 p 19.82 0252 New Baguio Johnny Auto Sup H- 14-111 0252 New Baguio Johnny Auto Sup H-1 4-112 7937 1,360.00 123.64 0252 New Baguio Johnny Auto Sup 1705 Aristotle Mango Culture H- 13- 8 8007 3,700 .00 336 .36 1705 GED Tire Supply H-13-333 1705 Huang Construction Corp H-13-401 7875 2,60 0 .00 236 .36 1705 Huang Construction Corp H-13-402 1705 Huang Construction Corp H-13-403 376 380 .00 34 .55 0452 Pilipinas Shell Petroleum 0452 Pilipinas Shell Petroleum H- 11-7 0085 2,060 .00 187.27 0452 Pilipinas Shell Petroleum H-11-8 0452 Pilipinas Shell Petroleum H- 11-9 72 11 8,934 .29 10 ,8 12 .21 0452 Pilipinas Shell Petroleum H-11 - 10 0452 Pilipinas Shell Petroleum H-11 - 12 70 7 1,021 .60 6.456 51 0452 Pilipinas Shell Petroleum H-11 -13 0452 Pilipinas Shell Petroleum H-11 -14 67 104,970.45 9,542.77 0452 Pilipinas Shell Petroleum H-11 -15 0452 Pilipinas Shell Petroleum H- 11-16 15384 88 ,662. 00 8,060.18 0452 Pilipinas Shell Petroleum H-11 -17 0452 Pilipinas Shell Petroleum H-1 1-18 32558 59,335.65 5,394 .15 0452 Pilipinas Shell Petroleum H- 11-19 0452 Pilipinas Shell Petroleum H-11 -20 32745 71,540 . 15 6,503 .65 0452 Pilipinas Shell Petroleum H-11 -21 0452 Pilipinas She ll Petroleum H-11 -22 32746 99,137 .50 9,012 .50 0452 Pilipinas Shell Petroleum H-11 -23 0452 Pilipinas Shell Petroleum H-11 -24 32834 29,291 .79 2,662 .89 0452 Pilipinas Shell Petroleum H-11 -25 0452 Pil ipinas Shell Petroleum H-11 -26 32922 46,525 .38 4,229 .58 0452 Pilipinas Shell Petroleum H-1 1-27 0452 Pilipinas Shell Petroleum H- 11-28 32926 43 ,89 1.98 3,990 .18 0452 Pilipinas Shell Petroleum H-11 -29 045 2 Pilipinas Shell Petroleum H-11 -30 32937 71, 202 .78 6,472 .98 0452 Pilipinas Shell Petroleum H-11 -31 0452 Pilipinas Shell Petro leum H-11 -32 32938 46, 663 .98 4,242 .18 0452 Pilipinas Shell Petroleum H-11 -33 0452 Pilipinas Shell Petroleum H-11 -34 32939 4 7 ,63 4 . 18 4,330 .38 0452 Pilipinas Shell Petroleum H-1 1-35 0452 Pilipinas Shell Petroleum H- 11 -36 33038 46 ,663 .98 4,242 .18 H-11-37 33058 38,309 15 3,482 .65 33059 38,309 .15 3.482 .65 33081 48 ,819.65 4,438 .15 33086 77,542 .30 7,049 .30 33137 48,819 .65 4.438 .15 33222 13.983.86 1,271 26 33289 76,618 .30 6 ,965 .30 33290 56,128 .05 5,102 .55 33292 53, 187.42 4,835 .22 33311 28,616 .06 2,601.46 33389 77 ,542 .30 7,049 30 33397 38,886 .65 3,535 15 33421 54 ,441 .31 4 ,9 49 .2 1 33463 76 ,6 1830 6,96 5.30 33466 48, 819. 65 4, 438 .15 33490 38,886 .65 3,535 .15 33571 59 ,335.65 5.394 15 33582 48 ,81 9.65 4 ,438 15 33583 38. 886 6 5 3,5 35 15 .. page 19 of 22 J1il l l_ d"

ANNEXA BENGUET CORPORATION � versus� COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT� 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purc ha se Disa llowed Number Amount Input VAT H-11-38 0452 Pilipinas She ll Petroleum H- 11-39 33589 15,323.66 1,393.06 0452 Pilipinas Shell Petroleum H-1 1-40 33681 58,522.64 5,320 .24 0452 Pilipinas Shell Petroleum H- 11 -41 33682 77,542 .30 7,049 .30 0452 Pilipinas Shell Petroleum H-11-42 33740 38,309 .15 3,482 .65 0452 Pilipin as Shell Petroleum H-11 -43 33741 38,309 .15 3,482 .65 0452 Pilipinas Shell Petroleum H- 11 -45 33748 29 ,954.32 2 ,723 . 12 0452 Pilipinas She ll Petroleum H-11 -46 43533 349,156 .50 31,741 .50 0452 Pilipinas She ll Petroleum H-11 -47 43558 218.256 50 19,841 .50 0452 Pilipinas She ll Petroleum H-11 -48 43763 451 ,456.50 41 .041 50 0452 Pilipinas Shell Petroleum H- 11-49 43996 163,429 .86 14 ,857 .26 0452 Pilipinas Shell Petroleum H-12-188 ; H- 12-189 43997 185,738 .74 16 ,885.34 1702 Pilipinas Shell Petroleum H-12-188 ; H-12-190 32451 52 ,947 .18 4,8 13.38 1702 Pilipinas She ll Petroleum H-12-188; H- 12-191 32453 58,306.38 5,3 00 . 58 1702 Pilipinas Shell Petroleum H-12-188; H-12-192 32454 85,289 .16 7,753 .56 1702 Pilipinas Shell Petroleum H- 12- 188; H-12- 193 32464 56 ,859.44 5,169 .04 1702 Pilipinas Shell Petroleum H- 12-188; H- 12-194 32465 4 4 , 1 4 0 . 18 4,012.74 1702 Pilipinas Shell Petroleum H- 12-188; H- 12-195 32466 46,201 .98 4,200 . 18 1702 Pilipinas Shell Petroleum H-12-188; H-12- H 6 32480 68,024 .11 6 ,184 .01 1702 Pilipinas Shell Petroleum H-12-188; H-12-197 32481 20,435.10 1,857 .74 1702 Pilipinas Shell Petroleum H-12-188; H-12-198 32494 22,361 .79 2,032 .89 1702 Pilipinas Shell Petroleum H-12-210 325 43 1702 Pilipinas Shell Petroleum H-12-2 15 33 102 7,453.93 677 .63 1702 Pilipinas Shell Petroleum H-12-213 33112 34,759 .67 3,159 .97 1702 Pilipinas Shell Petroleum H- 12-214 33 116 51,894 .35 4 ,717 .67 1702 Pilipinas Shell Petroleum H- 12-211 331 17 54,286 .98 4,935 .18 1702 Pilipinas Shell Petroleum H- 12-2 12 33118 11 6.612 .76 10,601 .16 1702 Pilipinas Shell Petroleum H-12-216 33 138 55,118 .58 5 ,0 1 0 .78 1702 Pilipinas Shell Petroleum H-12-217 33 139 35,537 .15 3,230 .65 1702 Pilipina s Shell Petroleum H-12-200; H- 12-208 33140 71 ,074 .31 6,461 .30 1702 Pilipinas Shell Petroleum H-12-200; H-12-2 03 33494 46 ,628.85 4 ,2 38 .99 1702 Pilipinas Shell Petroleum H-12-200; H-12-2 04 3358 1 97 .177 30 8.834 30 1702 Pilipinas Shell Petroleum H-12-200; H-1 2-205 33591 71,0 74 .30 6, 46 1.30 1702 Pilipinas Shell Petroleum H-12-200; H-12-206 33596 38,309 .15 3,482 .65 1702 Pilipinas Shell Petroleum H-12-2 00; H-12-202 33597 54,51 2 02 4.955 64 1702 Pilipinas Shell Petroleum H-12-200; H- 12-207 33604 77,688 .27 7,062 .57 1702 Pilipinas Shell Petroleum H-12-200; H- 12-201 33605 48,588.65 4,417 .15 1702 Pi li pinas Shell Petroleum H-16-128; H- 16-129 33650 75 ,960. 15 6,905.47 0262 Pilipinas Shell Petroleum H-16- 131 ; H-16-1:'2 32921 0262 Pilipinas Shell Petroleum H-22-60 to H-22-6 1 43312 9,625 .88 875 08 0644 Nationwide Sec. & Alli ed Serv. H-22-63 to H-22-64 71 ,074 .30 6,46 1.30 0644 Nationwide Sec. & Allied Serv. 125 224 ,326 74 20 ,393 .34 128 42 ,386.47 3,853 .32 42,937 .86 3,903 .44 subtotal p 484 177.86 7.) Non-VAT Invoices &/or Official Receipts 0645 Comp lex Computer Center H-6-53 1057 p 15,000 00 p 1.363 64 1705 CAFE NFD H- 13-42 4,229.60 384 05 0450 The Manila Times H-23-182 16277 0450 Gordo Aviation . Inc. H-23-327 44 ,104 50 4 ,009.50 GMD30-871 34 ,166 .00 3,106 00 SA0017 subtotal p 8 863.19 p;1cw ?0 of :'2

ANNEX A BENGUET CORPORATION - versus- Reference Purchase Disallowed COMMISSIONER OF INTERNAL REVENUE Number Amount Input VAT and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier 8.) Invoices &/or Official Receipts without printers' BIR Permit 0452 H-9-159 103 p 34,000 .00 p 3,090 .91 0633 H-18-33 5,905. 19 536.84 0633 Faircargo H- 18-34 14916 248 09 22 .55 1705 Faircargo H- 13-68 Certification International 15044 1 1,0 0 0 .0 0 1,000 00 1144 subtotal p 4 650.30 .,I 9.) Overstated claimed input taxes Purchase Amount Exh./Ref# Per Claim Per lnv/OR Overs t ate m e nt 0633 Intern ational Communication H- 18-49/6208A p 107,599.80 p 100,638.80 p 6,96 1.00 p 632 .82 1705 Dy Auto Supply & Hardware H- 13-143/41902 14,816.40 4 ,032 .00 10.784.40 980.40 1705 Dy Auto Supply & Hardware H- 13- 145/41901 20,466 .00 4 7 1.87 0251 Arcman Corporation 15 ,2 7 5 . 4 0 5, 190.60 2,601 .20 0251 Begonsa Construction H-29-7/0462 3 ,227,896 . 18 3,199,283.00 28,6 13.18 285 .09 0251 L. Cruz Enterprises H-29-22/0681 875,487 .19 822 .7 1 0251 SR Sugay Construction H-29-59/6427 434 ,975.16 872,351 .24 3,135.95 310 .79 0251 SR Sugay Construction H-29-95/0396 19,246.''10 425,925 .30 9, 049.86 50, 686 .01 0251 Arcman Corporation H-29-98/0397 3,418 .68 2 ,122 .3 8 0251 Begonsa Construction H-29-119/0464 1,571,037 .14 15,827 .32 5 57,5 4 6 . 15 26,768 .5 1 0251 Begonsa Construction H-29-158/0682 2,486,502 .11 1,013 ,4 9 0 .9 9 23,346.2 1 2 1,58 9 .30 0251 Greaco Gen. Construction H-29-176/0684 1,497,331 .94 2,463, 155.90 294,453. 59 689.44 0251 Greaco Gen. Construction H- 29 - 196/0022 1,202,878 .35 237, 482. 29 227.27 0251 Greaco Gen. Construction H-29- 199/0023 726 ,881 .98 7,583.80 345.99 0251 L. Cruz Enterprises H-29-202/0024 74 ,257 .25 4 8 9 , 3 9 9 .6 9 2,500.00 0251 L. Cruz Enterprises H-29-2 12/6430 96,567 .94 66 ,673.45 3,805.90 3 1.4 4 0251 SR Sugay Construction H-29-21 0/6431 90,338.65 94 ,067 .94 643 .64 0251 SR Sugay Construction H-29-253/0399 45 ,628 .88 86 ,532 .7 5 345.87 0251 SR Sugay Construction H-29-261/0400 45,283. 01 7,079 99 7 61 0251 SR Sugay Constru ction H-29-267/0408 708,481 ' 10 318 .28 0251 Arcman Corporation H-29-271/0409 34,372. 70 701 ,401 .11 83.75 0251 Begonsa Construction H-29-281/0465 34,288 .95 3,501 11 33 .82 0251 EGB Sec. lnv. & Gen . Serv H-29-304/0687 1,824 ,357 .51 27.71959 0251 L. Cruz Enterprises H-29-321/0970 20.661 .73 1,8 20 .856.4 0 372 .00 0251 SR Sugay Construction H-29-337/6437 20 ,289 73 304,9 15.5 1 987 .52 0251 SR Sugay Construction H-29-35 1/041 1 574 ,319 .33 22 1.00 H-29-356/0412 2,126,400 .33 269,403 .82 10.862 73 2,115,537 .60 2,430 .97 23. 84 916,829 .19 262 .20 30 1.52 31 ,200 00 914,398 .22 3,3 16 .68 204 . 15 30,937 .80 2,245 .62 140,489 .53 250 .00 22.73 182,541 .35 137 , 172 .85 180,295.73 69,489 .31 69,239 .31 s ubtotal p 139 043 .91 pClqe 21 of 22

ANNEX A BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 3rd QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Reference Purchase Disallowed Number Amount Input VAT 10) Discrepancy between the claimed excess input taxes and the excess (Exh C) 11 ,020,438 .09 input ta xes declared in the return (Exh A) 11 000 055 .62 Excess Input Taxes per Claim 20 382.47 p 20 ,382.47 Excess Input Taxes per Return Differen ce subtotal ..:.P_ _..=2.=-0L=:Jc..::8..=2.:....4'-'7- Total Additional Disallowed Input VAT - Jrd Qtr 1996 p 2,614,756 .96 111 ~ p <~qe 77 of 7?

ANNEX B BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 4th QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amount Input VAT 1.) Invoices and/or Official Rec eipts not under the name of Benguet Corporation 0452 Manila Pest Control 1-10-20 6349 p 17,879.40 p 1,625.40 0452 Manila Pest Control 1-10-21 6350 1,329 .87 1705 Ray's Educational Center 1- 12-168 36395 14,628.60 1705 SST Photo Supply 1-12-284 4843 35 .0 0 1705 Mercury Drug 1-12-302 422648 385 .0 0 169.09 1705 Mercury Drug 1-12-566 13071 1705 Pangasinan Medical Center 1-12-568 090461 1,860 .0 0 19.09 Bobokllrisan Pyramid Hardware & Canst Supply 1-15-1 15698 43 .61 Bobok/lrisan Top Ace Motor Work Corp Inc 1-15-2 39688 210.00 16.36 Bobokllrisan Baguio Metropolitan Drug 1- 15-4 9766 59 .09 Bobokllrisan Baguio Metropolitan Drug 1-15-5 9767 479 .70 290 .91 Bobokllrisan Baguio Metropolitan Drug 1-15-6 9768 1,574.50 Bobok/lrisan Baguio Metropolitan Drug 1-15-7 9830 180.00 1,678.70 Bobokllrisan Baguio Metropolitan Drug 1-15-8 1170 132.75 Bobokllrisan Baguio Metropolitan Drug 1-15-9 1171 650.00 426.77 Bobokllrlsan Baguio Metropolitan Drug 1-15- 10 1172 318 .18 Bobok!lrisan Baguio Metropolitan Drug 1-15-11 1173 3,200.00 1,272.73 Bobok!lrisan Baguio Metropolitan Drug 1178 4,550 .00 Bobok/lrisan Baguio Metropolitan Drug 1-15-1 :z 1183 17,319.50 172.73 Bobok/lrisan Baguio Metropolitan Drug 1184 630 .91 Bobokllrlsan Baguio Metropolitan Drug 1-15- 13 1189 18,465.75 563.64 Bobokllrlsan Easter School Printing Press 1-1 5-14 0239 1,069 .09 Bobokllrisan Easter School Printing Press 1-15-15 0256 1,460.25 545.45 Bobok!lrisan Europa Parts & Accessories 1-15-26 64716 193.18 Bobok/lrisan Europa Parts & Accessories 1- 15-26 64730 4,694.50 136 .36 Bobokllrisan Europa Parts & Accessories 1-15-27 64751 22 .73 Bobok/lrlsan Laser Marketing 1- 15-28 23837 3,500 .00 68 .18 Bobokllrisan Laser Marketing 1-15-29 23547 113.91 Bobok/lrlsan Laser Marketing 1-15-30 24412 14,000.00 45 .64 Bobok/lrisan Laser Marketing 1- 15-30 24419 Bobok/lrisan P-S quare Trading 1-15-3 1 530 50,050.00 9 .09 Bobok/ lri sa n P-Square Trading 1-15-31 535 64.09 Bobokl lri sa n Pyramid Hardware & Canst Supply 1-15-33 15155 1,900.00 Bobokllrisan Pyramid Hardware & Const Supply 1-15-34 15154 6.55 Bobok!lrisan Pyramid Hardware & Const Supply 1-15-35 15332 6,940.00 95 ,323.35 Bobokllrisan Pyramid Hardware & Canst Supply 1-15-36 15507 Bobok/lrisan Pyramid Hardware & Const Supply 1-15-37 15542 6,200.00 9,454 .55 Bobok/lrisan Pyramid Hardware & Canst Supply 15662 189.09 Bobokllrisan Pyramid Hardware & Cons! Supply 1-38 15738 11,760 .00 139.32 Bobok/lrisan Pyramid Hardware & Canst Supply 1-39 15930 126 .14 Bobokllri san R.M. Enterprises 1-40 116 6,000 .00 660 .55 Bobokllrisan Rosj Marketing, Inc . 1-41 2070 390.45 Bobok/lrisan TCY Machiner Works 1-42. 0670 2, 125.00 94 .09 Bobok/lrisan TCY Machiner Works 1-43 0684 195.91 Bob ok! lrisan TCY Machiner Works 1-44 0698 1,500.00 140 .91 Bobok/lrisan TCY Machiner Works 1-45 0706 Bobokllrisan TCY Machiner Works 1-46 0716 250. 00 4 ,117.82 Bobok/lri sa n TCY Machiner Works 1-46 0723 41.45 Bobokllrisan TC Y Machiner Works 1-47 0724 750 .0 0 Bobokllrisan TCY Machiner Works 1-47 0727 418 .18 Bobok!lrisan TCY Machiner Works 1-48 0735 1,253.00 209 .09 Bobok/lrisan TC Y Machiner Works 1-48 0753 690 .91 Bobokllrisan TCY Machiner Works 1-49 0763 502 .0 0 2 ,052 .73 Bob o k l lrisan Top Ace Motor Work Corp Inc 1-49 14297 1-5 0 100.00 24.73 1-50 656 .82 1-51 705 .00 155 .4 5 11 8. 18 1 Jt. _1 J' 72 .00 69.09 1,04 8,556.8 0 276 .36 2, 11 3 64 104,000 .00 16 .36 2 ,0 80.00 1,532 .50 1,387 .50 7, 266 .00 4 ,295.00 1,035 .00 2, 155.00 1 ,5 50 .00 45 ,29 6.00 456 .00 4,600 .00 2 ,300 .00 7,600 .00 22 ,580 .00 272. 0 0 7,225.00 1,710.00 1, 300.0 0 760. 00 3, 040.00 23,250. 00 180 .00 paqe 1 of fi

ANNEX B BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 4th QTR 1996 PER THIS COURT"S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disallowed Number Amoun t In put VAT 1-52 Bobok/lrisan VCP lnterrned Pharmaceuticals, Inc. 1-53 230243 3,056 .00 277 .82 Bobok/lrisan VCP lntermed Pharmaceuticals. Inc. 1-54 230289 7,350 .00 668. 18 Bobok/lrisan Wi-AI Construction Builders 11797 4,200.00 381 .82 Bobok/lrisan Top Ace Motor Work Corp Inc 39755 1,96 0 .0 0 178.18 subtotal p 136 364.77 2.) Invoices/Officia l Receipts not within the period of claim 0252 Pittsburgh Trade Center 1-13-20 6264 p 15,750.00 p 1,431 .82 0252 Harvey Industries Corp 1-13-90 3,154 .55 0263 10154 2897 34,700 .00 18,568 .0 0 0263 10154 1-4-1 37,172 .00 045 2 C IGI 1-4-4 AF-138-96 204,268 .00 0452 Fidela's Auto Supply 1-8-277 36 .36 0452 FOB Gen Upholstery 1-9-54 AF-139-96 408,892. 00 636 .37 0452 FOB Gen Upholstery 1-9-55; 1-9-56 1.236.47 0452 JCL '26 Auto Supply 1-9-57; 1-9-58 17823 400 .00 1,545.46 0452 LC Hardware & Lumber 1-9-76 254 .55 0644 EGB Security Agency 1-9-96 5637 7,000 .00 0644 EGB Security Agency 1-18-12 67 .00 0644 EGB Security Agency 1-18-14 0704 13,600.00 4,592 .79 0644 EGB Security Agency 1-18-19 4 ,726. 69 0644 EGB Security Agency 1-18-20 0705 17 ,0 0 0 .0 0 4 ,490.40 0644 EGB Security Agency 1- 18-6 4,569. 16 0645 JC Commercial Center 1-1 8-9 7504 2 ,800 .0 0 4 ,72 7 .05 0645 JC Commercial Center 1-7-3 41 4,522. 27 0645 JC Commercial Center 1-7-312 45962 737 .0 0 0648 Collector of Customs- Subic 1- 7-3 43 103 .18 0648 Collector of Customs - Subic 1-2- 108 424 50.520.72 210.45 0648 Collector of Customs - Subic 1-2- 169 0648 Collector of Customs- Subic 1-2-178 428 51,993 60 6 .73 0648 Collector of Customs - Subic 1-2-279 44 ,738.00 0648 Collector of Customs - Subic 1- 2-29 4 162 49,394.40 12, 25 4 .00 0648 Collector of Customs- Subic 1-2-297 94 ,916.00 0648 Collector of Customs- Subic 1-2-305 163 50,260 .80 38 ,357 .00 0648 Collector of Customs - Subic 1-2-308 27,099 .00 0648 Collector of Custom s - Subic 1-2- 313 4666 51,997 .60 62 ,756.00 1703 Collector of Customs- Subic 1-2-322 104,544.00 1703 Collector of Customs- Subic 1-3-1 4677 49,744.96 157.11 500 1703 Collector of Customs - Subic 1-3-5 25,996 .00 1703 Collector of Customs - Subic 1-3-9 54111 1,135.00 96.397 00 1703 Co ll ector of Customs - Subic 1-3- 14 26 ,150.00 1705 Gramm Computer System Inc. 1-3-48 54337 2,315.00 1705 Gramm Computer System Inc. 1-12-71 2 5,634 .00 Bobok/lri san BMC Forestry 1-12-714 55165 74 .00 23,032 .0 0 0261 Arrow Freight Corporation 1-15-3 0261 Arrow Freight Corporati on 1-23-79 AF-107-96 ' 492, 118.00 8,049 .00 026 1 Arrow Freight Corporation 1-23-79 38,437 .0 0 0 450 lnt'l Communication 1-23-79 AF-152-96 134,794 .00 0450 lnt'l Communication 1-19-1 23 1,009 .94 1- 19-304 AF-160-96 1,044,076 .00 1,009 .94 42,393 .80 P-1 24-96 421 ,927 00 2,968.55 PR0-078-96 298,089 00 2.75 5.30 PR0-090-96 690,3 16 00 9,7fl 1.80 9.78 1.80 PR0-096-96 1.149.984 00 924.47().20 PR0-110-96 1 ,728.265 .00 PR0-113-96 285,956 .00 PR0 - 114 -96 1,060,367.00 65490135 287,650 .00 65490047 61,974 00 65490092 253,352.00 65490065 88,539 .00 6397 0611 422,807.00 083 11 ,109.37 084 11,109.37 921/10518 466,331 .81 15972 32 ,654.00 15990 30.28 16002 58 34 6448 107,599 .80 6698 107.599 80 s ubt ot al p

ANNEX B BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 4th QTR 1996 PER THIS COURT"S FURTHER VERIFICATION Supplier Exhibit Referen ce Purcha se Di sallowed Number Amount In put VAT 3.) Without supporting documents 0261 Arrow Freight Corporation 16091 p 8,182.00 p 743 .82 5 ,362 .75 487 .52 0261 Arrow Freight Corporation 16 109 0261 Arrow Freigh t Corporation 1611 8 16,334 .00 1,484.9 1 0261 Arrow Freight Corporation 16120 19 ,128 .00 1.738.91 0261 Arrow Freight Corporation 16133 15 ,547.80 1,413 .44 026 1 Arrow Freight Corporation 16 145 66,953 .00 6,086 .64 0261 Phil Skyla nders, Inc. 258780 258 .39 23.49 026 1 Skyland Brokerage 19777 4,633.70 421 .25 026 1 Skyland Brokerage 19808 3,898. 13 354 .38 0261 Pasig Petron Service Station 26348 1.043 .00 94.82 026 1 Pasig Petron Service Station 26350 93 1.00 84 .64 0261 Union Gas Hauling 608 55,207.42 5,018.86 �: lnt'l Communication 6448A 6 1,600.00 5 ,600 .0 0 II, 026 1 6698 60,65 1 .61 5,5 13 .78 0261 lnt'l Communication 109.04 0261 The Legend Hotels, Inc. SA112596 1,199 .41 0261 The Legend Hotels, Inc . STATEMENTG 3 ,419 .22 3 10.84 0261 The Legend Hotels, Inc. STATEM ENTJ 2 ,046.08 186 .01 0261 The Legend Hotels , Inc. STATEMENTN 1,800.00 163.64 0261 The Legend Hotels, Inc . STATEMENT2 1,610 .61 146.42 0261 Ocean- Link Container 7889 1,553. 13 141 .19 0261 Manila Galleria Suites STATEMENT9 14,884 .29 1,353. 12 0261 Richville Mansion 0001408 2,240.00 203 .64 0261 Richville Mansion 0001509 1,125.00 102.27 0261 Richville Mansion 0001522 4,571 .86 415 62 0261 Richville Mansion 0001527A 2. 082 .58 189 .33 0261 Richville Mansion 0001546 1, 271 .85 11 5.62 0261 Richville Mansion 0001563 1,344 .00 122 .18 0261 Richville Mansion 0001595 4 .43 1.90 402 .90 0261 Motorists' Haven 3987 12 455 .00 41 .36 0261 Motorists' Haven 421271 210.9 1 19 . 17 026 1 Union-Transport, Inc . 10574 605 .00 55 .00 0261 Admiral Hotel - Manila SA20968 7,257 .32 659 .76 0261 Adm iral Hotel - Manila SA20969 4,008 .55 364. 41 0261 Skyfreight Brokerage 43050 1.946 14 176.92 0261 Skyfreight Brokerage 43080 4 ,353. 60 395 .78 0261 Skyfreight Brokerage 4310 2 2,404 55 2 18 .60 0261 Skyfreight Brokerage 43252 4,047 54 367 96 0261 Skyfreight Brokerage 43 2 53 4,026.67 36606 0261 Skyfreight Brokerage 43254 2.923 .60 265.78 026 1 Pa sig Petron Service Station 08531 1,706 .00 155 .09 0262 VF Industrial Sales 3218 77,885 .0 0 7 ,080.45 0452 AB Rubber Hose & Ace 4529 14 ,988 .00 1.362 .55 0452 New Alp ha Auto Parts 41313 3,150 .00 286 .37 0452 Integrity Tire Center 1806 11,695 .00 1,063 .18 0615 Phil. Long Distance 182,53 4 .65 27,768 .00 0615 St. Patrick's Health 68,120 .8 1 8,6 13.00 0615 Frontiers Sec & 0 A SA2306 38,298 .90 3.48 1 .72 SA2307 0615 Frontiers Sec & 0 A 34, 203 .20 3,109 38 0615 Pasig Petron Service Station 26,725 .49 2.429 59 0615 lnt'l Communication 57,1 29 98 5.193 .63 06 15 Filipinas Allied Dec '96 26, 150 .63 2,377.33 SOA0519 0615 SM-Keppe l Straits LA 1,0 12.240 70 92,021 88 1946 1702 Archi lles Manufacturing 60580 28,872.00 2,624 73 1702 Powerlock Industrial 16.400 .00 1~09 1 l 'q..i h.. ..l subtotil l E____:1_9_�"Q_U'_:_~ p:uw J nf�;

ANNEX B BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 4th QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Di sa llowed Number Amount In put VAT 4.) Supported by documents other than Invoices &/or Official Receipts such as statement of accounts, provisional receipts, tape receipt, repair order, etc. 0251 Skyhawk Sec . & Force Alii 1-22-2 44 7420 p 391,632.24 p 35 ,602.93 0261 Ayala Corporation 1-23-77 391669 68,011 .27 6 ,182 .8 4 less : SGV disallowance (728 .30) subtotal p 41 057.47 5.) Invoices &/or Official Receipts printed before July 31 , 1991 with only TAN#-VAT# 0451 FXR Enterprises 1-20-217 to 1-20-218 263 p 38.532 .25 p 3,502 .93 0451 FXR Enterprises 1-20-220 to 1-20-221 264 3,43 1.98 0451 FXR Enterprises 1-20-223 to 1-20-224 254 37 ,751.82 36,322 .22 0451 FXR Enterprises 1-20-227 to ;-20- 228 255 4 ,635 .35 0451 FXR Enterprises 1-20-230 to 1-20-231 256 399 ,544.41 38,233 .33 0451 FXR Enterprises 1-20-234 to 1-20-235 257 4,035 .80 0451 FXR Enterprises 1-20-238 to 1-20-239 258 50 ,988.89 4,248 .11 0451 FXR Enterprises 1-20-241 to 1-20-242 259 33 ,380.28 0451 FXR Enterprises 1-20-244 to 1-20-246 260 420,566 .61 31,5 26 .39 0451 FXR Enterprises 26 1 3 ,708 .92 0451 FXR Enterprises 1-20-249 262 44,393 .8 2 30,887 .86 0451 FXR Enterprises 1-20-252 to 1-20-253 265 31,585 .17 0451 FXR Enterprises 1-20-256 to 1-20-257 266 46,729 .23 3,509.46 0451 FXR Enterpri ses 1-20-260 to 1-20-261 267 20,077 .15 0645 Mendoza Bros . Radiator Repair 1-20-263 to 1-20-264 2608 367 ,183.05 45.45 1-7-385 346,790 .27 40,798. 12 339,766.42 347,436 .83 38,604.09 220 .848 .64 500 .00 su!Jtotill p 249,130.40 6.) In vo ices &/or o fli c ial receipts printed after July 31, 1991 w ith handwritten or typewritten VI VAT aft er TIN; without VI VAT after TIN ; with handw ritt en VAT number; without TIN -Vi TIN -VAT 0452 Pilipinas Shell Petroleum 1-10-8 4 3423 1 p 45,69 1.25 p 4,153.75 0452 Pilipinas Shell Petroleum 1-1 0-85 7 ,070 .30 0452 Pilipinas Shell Petroleum 1-10-86 34232 77 ,773. 30 3,990. 18 04 52 Pilipina s Shell Petroleum 1- 10-8 7 3, 524.65 0452 Pilipinas Shell Petro leum 1-10-88 68009 43,8 91 .98 8 ,876 .30 045 2 Pilipinas Shell Petroleum 1-10-89 3 ,524 .65 0452 Pilipinas Shell Petroleum 1-10-90 68020 38, 77 1.15 3,990 .18 0452 Pilipinas Shell Petrole um 1-10-9 1 6, 965.30 0452 Pilipinas Shell Petroleum 1-10-92 68021 97 ,639.30 3.524 65 0452 Pilipinas Shell Petroleum 1-10-93 7,070 30 0452 Pilipina s Shell Petroleum 1-10-9 4 68049 38 ,771 .15 3,52 4 .65 0452 Pilipinas Shell Petroleum 1-10-95 5,404.24 0452 Pilipina s Shell Petroleum 1-10-96 68051 43,891 98 1.393 06 0452 Pilipinas Shell Petroleum 1-10-97 3.482 65 045 2 Pilipinas Shell Petroleum 1-10-98 68080 76 ,618.30 3,432 65 0452 Pilipinas Shell Petroleum 1-10-99 8.358 36 0452 Pilipinas Shell Petroleum 1-10-100 68183 38.77 1.15 8,459 16 68 184 77,773 30 68185 38.77 1.15 68201 59.446 .64 68202 15,323.66 68203 38 ,309.15 68209 38,309. 15 68210 9 1.9!J1 96 68304 93,050.76 1 1')., p.HJP !J of' _L tw~ t-.J

ANNEX B BENGUET CORPORATION -versus- COMMISSIONER OF INTERNAL REVENUE and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT - 4th QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier Exhibit Reference Purchase Disall owed Number Amount Input VAT Pilipinas Shell Petroleum 1- 10- 101 0452 Pilipina s Shell Petroleum 1- 10-102 68305 43.891 .98 3,990 18 0452 Pilipinas Shell Petroleum 1- 10- 1 "3 68306 59 ,335 .65 5.394. 15 0452 Pilipinas Shell Petroleum 1-10- 104 68313 76.6 18.30 6,965 30 045 2 Pilipinas Shell Petroleum 1- 10- 105 683 14 46,663 .9 8 4,242 .18 0452 Pilipinas Shell Petroleum 1-10 - 106 683 15 42,698. 15 3.88 1.65 0452 Pilipinas Shell Petroleum 1- 10- 107 68410 25,6 18.89 2,328 .99 0452 Pilipinas Shell Petroleum 1- 10-108 68464 97.639 30 8,876 .30 0452 Pilipinas Shell Petroleum 1- 10-109 68465 43 ,89 1 .98 3,990 .18 0452 Pilipinas Shell Petroleum 1- 10- 110 68513 51,237.78 4, 657.98 0452 Pilipinas Shell Petroleum 1- 10- 111 68521 38,886.65 3,535 .15 0452 Pilipinas Shell Petroleum 1-10-11 2 68522 38,886.65 3,535. 15 0452 Pilipinas Shell Petroleum 1-10-11 3 68666 48 ,8 19.65 4,438 .15 0452 Pilipinas Shell Petrol eum 1-10- 114 68673 103,896.10 9,445 .10 0452 Pilipinas Shell Petroleum 1- 10-115 68676 42,790.55 3.890 .05 0452 Pilipinas Shell Petroleum 1-10- 11 6 68 67 8 95,483 .63 8,680 .33 0452 Pilipinas Shell Petroleum 1- 10- 117 68679 45,970 .98 4,179 .18 0452 Pilipinas Shell Petroleum 1-10-118 68680 42,162 .12 3,832.92 0452 Plllplnas Sheil Petroleum 1- 11-134 68682 77,542.30 7,049 .30 1702 Pilipinas Shell Petrol eum 1-1 1-135 68466 50,267.58 4,569 .78 1702 Pilipinas Shell Petroleum 1-11 -136 68467 45,970 .98 4,179 .18 1702 Pilipinas Shell Petroleum 1-11 -137 68468 58,306 .38 5,300 58 1702 Pilipinas Shell Petroleum 1-11 -138 68470 55,1 18.58 5,010 .78 1702 Pilipinas Shell Petroleum 1-11-1 39 68474 58,306.38 5,300 .58 1702 Pilipinas Shell Petroleum 1-11 -140 68475 42,644 58 3,876 78 1702 Pilipinas Shell Petroleum 1-11-141 68476 77.741 .84 7,067 .44 1702 Pilipinas Shell Petroleum 1-11 -142 68477 25.528.3 1 2.320 .76 1702 Pilipinas Shell Petroleum 1-11 - 143 68506 35,537 .15 3.230 65 1702 Pilipinas Shell Petroleum 1-11 -144 68507 63,966 .87 5.81517 1702 Pilipinas Shell Petroleum 1-11-145 68520 1702 Pilipinas Shell Petroleum 1-14 -86 68677 5 ,325 .85 484 .17 0262 Pilipinas Shell Petroleum 1-14 -85 68231 4,621 .54 420 . 14 0262 A.L. Pocais Gen . Const. 1-13- 185 68232 41,889 .65 3,808 .15 0252 Huang Construction Corp. 1-12-266 0001 41 ,889.65 3,808 15 1705 Huang Construction Corp. 1- 12-662 0074 10,800. 00 98 1.82 1705 0076 135, 467 .36 12,3 15 21 15,tl l 0 90 1,.137 35 sulJioti1 1 p 249 63 3.96 7.) Non-VAT Offic ial Receipt 0 450 Gordo Avialion. Inc. 1-19-280 to 1-19-28 1 SA1 11 996 p 34 ,532 69 p 3,139.34 sublol <1 l p 3 139.34 8.) Invoices &/o r Official Receipts w ithout printer's SIR permit 1705 Certification International 1- 12-380 12 10 p 39.600 00 p 3,600 00 1705 Certifi cation International 1-1 2-474 1209 900 rJo 9, 900 00 , ,, ,~Q.Q_,_Q.Q_ subtotal p p.~rlP 1 1 (� 1 1'

ANNEX B BENGUET CORPORATION -versus - Refer en ce Purc h ase Di sa ll owed COMMISSIONER OF INTERNAL REVENUE Number Amount !rmut VAT and COMMISSIONER OF CUSTOMS CTA CASE NO. 5677 SCHEDULE OF ADDITIONAL DISALLOWANCES ON CLAIMED INPUT VAT- 4th QTR 1996 PER THIS COURT'S FURTHER VERIFICATION Supplier 9.) With alteration/erasure 011 date of OR 025 1 Skyhawk Sec. & Force Alii 1-22- 170 3033 p 397,864.30 p 36. 169.48 su b t o taI ..P:._ _...::J-"6.1-1'-6'-9".:..4.'-8" '- 10. BOC import entry declaration not machine validated for claimed Input Vat payment 0643 10 154 P- 136 -96 p 102,6 96.00 subtotal p 10 2,696 .00 11 Overstated claimed input taxes Purchase Amount ~x h/ Re f # Per Claim Per lnvLOR P ve rsta,!?rnent 0 251 Arcman Corporation 1- 22 - 2/0 468 1.78 7 ,696 .93 1,7 87 ,2 47 .93 449 .00 p 40 .8 2 0251 Arcman Corporati on 1-22 -6 /04 69 281 ,644 .86 263 ,2 8 3 .82 18, 361 .04 1.669.19 0 251 Arcman Corporation 1-22- 11 /0470 0251 Begonsa Construction 1-22-23/0673 1,261,266 .99 1,254,737 .77 6 ,5 29 .2 2 593 .57 0 251 Begonsa Construction 1- 22-2 8/0 688 51,401 .53 51 ,172.53 229 .00 20 .8 2 0251 Begonsa Construction 1-22-37/0 69 0 0 251 Skyhawk Sec . Force & Allied 1-22-78/4577 705, 747 .06 703 ,287 .19 2 ,459 .87 2 23 .62 0 251 Skyhawk Sec . Force & Allied Serv 1-22-8 4/ 47 18 520 ,097 .57 192,777 .37 3 27,320 .20 29,7 5 6 .38 0 251 SR Sugay Constructi on 1-22-92 /0 4 14 340,63 1.15 323,956 .99 0 251 SR Sugay Construction 1- 22-95/0415 240 ,46 2.29 16,67 4.16 1,515 .83 025 1 4J Construction 1-22- 11 /05 1 72 ,717.33 167, 7 4 4 .96 15 ,2 49 .54 0251 Arcman Corporation 1-22- 11 8/0473 94,378 .63 90 ,124 .28 025 1 Arcman Corporation 1-22- 129/0477 535, 520.82 239, 982.82 4 ,2 54 .35 386 .76 10.,47702 54,197 .02 295,538 .00 26,867 09 2,256 ,609.26 2,232,045 .48 1 ,553 , 10 1.66 1,529 ,189.43 47,280 00 4,298. 18 24,563 .78 2,233 07 23.9 12 23 2,1 7384 subtol il l p 85 028 .7 1 12 Discrepancy b etween th e claimed (Exhibit D) 22 ,573 ,275 .92 excess input taxes and the excess (Exhibit B) 22 384 404.32 input taxes declared in the return 188 87 1. 60 p 188,87 1.60 Excess Input Taxes per Claim Excess Input Taxes per Return Difference sub lol aI ..P:._ _1'-8'-8"'.LB:..:7.-1',;.,6;.'-0'- Total Additional Disallowed Input VAT -4th Qtr 1996 p 2, 21 6.0 87.82 1 1 '�, . _t :.. ...:.1