BIR Ruling No. 479-2020

REPUBLIC OF TH PHILIPPINES

DEPARTMENT OF FINANCE

BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No:

Poi- op - 0479-2020

HRTUFUO

ALIIWMHOM HMAY TONCEL

his certifies thatt ABSOLUT|DISTILLERS VB Tax Identi on Number

Executive Order No. 226, otherwise known as the "Omnibus Investments Code of 1987" and Section 2.57.5 (B)(2) of Revenue Regulations No. 2-98, as amended. Distillers, Inc, Piant Compound, Brgy. Malaruhatan, Lian, Batangas, a project duly registered with the Board of Investments (BOI) under Registration No.: for a period of 7 years beginning from April 19,2016 to January 3,2023, pursuant to received directly from the sale of Bio-ethanol (Fuel Grade) from the registered project, Renewable Energy Developer of Biomass Resources with capacity of 30 Million Liters per Year Bio-Ethanol Plant with Plant Cane Molasses as Feedstock, located at Absolut is exempt from income tax and creditable withholding tax on its income dated April 19, 2016,

Grade) from the registered project. alcohol. It shall be limited only to the revenues generated from the sales of Bio-ethanol (Fuel The Income Tax Holiday (ITH) does not cover revenues from the sale of potable

The grant of tax exemption herein is,subject toithe compliance with the provisions of

ns andt ermsan ton stDt0G ack hereof

ateof Tax Exemption WE acts and nted and submitted. A

rent,then this Certifi UEEH

Issued this day of l AUG 202020

iaaw

CAESAR R.DULAY Commissioner of Internal Revenue

K-1-JAC 036328