PHILIPPINE MINING SERVICE CORPORATION v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY SPECIAL SECOND DIVISION PHILIPPINE MINING CTA Case No. 10494 SERVICE CORPORATION, Members: Petitioner, BACORRO-VILLENA, Acting Chairperson, and -versus- CUI-DAVID, ]]. COMMISSIONER OF INTERNAL REVENUE, Promulgated: E:B 0 4 "~25 / -A--------- -- X------------- - ------------------------- Respondent. DECIS~N AMENDED X J: ?( j-" . BACORRO-VILLENA, L: For the Court's resolution are: 1. Petitioner Philippine Mining Service Corporation's (petitioner's! PMSC's) "Motion for Partial Reconsideration (of the Decision dated o8 July 2024)"1 (MPR) filed on o6 August 2024, with "Opposition (Re: Motion for Reconsideration of the Decision t dated [o]8 July 2024)"2 (Opposition) filed by respondent Commissioner on Internal Revenue (respondent/CIR) on 13 September 2024; and, Div ision Docket, Vo lum e II, pp . 689 -71 2, inc lud ing attached An nex " A" . !d., pp . 736-74 1.

CTA Case No. 10494 ,Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x-----------------------------------------------------x 2. Respondent's "[MPR] (Re: Decision promulgated [o]8 July 2024)"3 filed on o6 August 2024, with petitioner's "Comment (Re: Respondent's [MPR dated] 01 August 2024)"4 (Comment) filed on 16 September 2024. Both MPRs contest the Decision of o8 July 2024s (assailed Decision) which partially granted petitioner's claim for value-added tax (VAT) refund for calendar year (CY) 2019. The dispositive portion reads- WHEREFORE, premises considered, the instant Petition for Review filed on 17 May 2021 by petitioner Philippine Mining Service Corporation is hereby PARTIALLY GRANTED. Accordingly, respondent Commissioner of Internal Revenue is ORDERED TO REFUND or TO ISSUE A TAX CREDIT CERTIFICATE in the amount of FORTY-SIX MILLION, SIX HUNDRED THIRTY-SEVEN THOUSAND, TWO HUNDRED FIFTY-THREE PESOS and 64/Ioo (P46,637,253.64), representing its unutilized excess input Value- Added Tax for the four (4) taxable quarters of CY 2019 which is attributable to its zero-rated sales for the same period. SO ORDERED. In petitioner's MPR, it maintains that it had zero-rated sales to companies registered with the Philippine Economic Zone Authority (PEZA), thus the Court should reconsider its previous finding in the assailed Decision. It avers that it proffered documentary evidence, particularly Exhibits "P-14"6 series (or the PEZA Certificates) and "P-4o"7 (PEZA letter dated 22 June 2021), to show that the companies were PEZA-registered and, thus, enjoy VAT-zero rating on purchases made from local suppliers. It adds that these documents were admitted without exception and qualification based on the Court's Resolution of 22 November 2022.8 However, in the assailed Decision, these documentst !d., pp. 713-732 . !d ., pp. 745-750 . Id. , pp . 570-688 . Offered as PEZA and BOI Certification of Customers, USB . Offered as PEZA Letter dated 22 June 202 1 confirming the VAT zero-rating certification of Petitioner' s PEZA-registered clients for CY 2019, Division Docket, Volume I, p. 473. Id., pp. 479-48 I.

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x-----------------------------------------------------x were ultimately not given any probative value for being scanned copies only. Disagreeing with the Court's findings, petitioner points out that Court has already previously admitted Exhibits "P-14" series and further declared "P-4o" as a duplicate, thus, it could not later on deny them of probative value. It also argues that under Section 49, Rule 130 of the Revised Rules ofEvidenceo, a duplicate is admissible to the same extent as an original when there is no genuine issue raised on its authenticity or that it is unjust or inequitable to admit the duplicate in lieu of the original. In its case, since respondent did not raise any genuine issue regarding the subject exhibits' authenticity, neither were there circumstances showing that their admission will be improper or unjust, the Court should maintain to consider the said exhibits as duplicate (equivalent to an original document). Notwithstanding petitioner's insistence that the previously admitted exhibits, particularly, Exhibits "P-14-2", "P-14-3", "P-14-5", "P-14-7", "P-14-8", "P-14-10", "P-14-12", "P-14-14", and "P-14-16"u (Exh1'b1't "P-14" series ), are the equivalent of the originals; it, nevertheless, submitted the certified true copies (CTCs) of these PEZA Certificates.. With the submission of the CTCs, petitioner asks that the relevantt 9 Sec. 4. Original ofdocument. 10 A.M . No . 19-08-15-SC. II Attached as Annex " A" in petitioner's Motion for Partial Reconsideration (of the Decision dated 08 July 2024) Exhibit Client name Description Validity Period Reference P-14-2 Coral Bay Nickel Corporation Certificate No. 2019-0474 For the year 2019 P-14-3 PEBA Tandem Manufacturing, Certificate No. 2019-2388 July I to December Inc. 31 , 2019 P-14-5 Philippine Sinter Corporation Certificate No. 2019-0963 January I to June 30, 2019 P-14-7 Philippine Sinter Corporation Certificate No. 2019-0963 July I to December (Update No. 0 147) 31,2019 P-14-8 Pioneer Float Glass Certificate No. 2019-1195 For the year 2019 P-14-10 Manufacturing Certificate No. 2019-0476 For the year 2019 P-14-12 Certificate No. 2019-0327 For the year 2019 Taganito Hpal Nickel Corporation P-14-14 Certificate No. 20 19-1447 January I to June 30, Unichamp Mineral Philippines, 2019 P-14-16 Certificate No. 2019-1447 July I to December Inc . (UodateNo.l202) 31, 2019 Visayas Slaked Lime Corporation Visayas Slaked Lime Corporation

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x----------- ----- -------------------- --------- -- --- - - - x disallowed zero-rated sales be now considered in the computation of its claim for VAT refund. Lastly, petitioner posits that the disallowed input VAT due to alleged alterations on the amounts, address and business styles should not affect the validity thereof for the claim of refund. Citing Republic Act (RA) No. 1197612 (also known as Ease of Paying Taxes Act), petitioner insists that as long as the pertinent details are present in the invoice like the amount of sales, VAT, registered name and tax identification number, description of goods or services and date of transaction, the VAT amount shall be allowed as an input tax credit. Applying the foregoing in this case, as the relevant details were indicated in the invoices, hence the VAT amount reflected therein should be considered for refund claim purposes. Petitioner also insists that the danger of admitting ghost receipts as evidence (which the Court seeks to prevent) is unlikely since all its purchase transactions are valid and accounted for. The supposed alterations on the invoices or receipts are ordinary human error and normal in the day-to-day business operation. In opposing petitioner's arguments, respondent echoes that tax refunds are in the nature of tax exemptions and are, thus, strictly construed against the claimant. Any doubt thereon must be resolved in favor of the government. In this respect, respondent does not see any error in the Court's findings that petitioner failed to submit competent evidence to support its refund claim. As regards respondent's MPR, he or she reiterates that based on the Memorandum Report of 15 February 2021, petitioner's application for refund must be denied for its failure to substantiate its claim both in fact and in law. He or she also insists that this Court should confine itself to the Bureau of Internal Revenue's (BIR's) findings of denial and only consi~ieces of evidence which were submitted in the administrative Ievel.O 12 AN ACT INTRODUC ING ADMIN ISTRATIVE TAX REFO RMS, AMEN DING SECTIONS 2 1, 22, 5 1, 56, 57, 58, 76, 77, 8 1, 90, 9 1, 103 , 106, 108, 109, 11 0, 11 2, 11 3, 11 4, 11 5, 11 6, 11 7, 11 8, 11 9, 120, 128, 200, 204, 229, 23 5, 236, 237, 238, 24 1, 242, 243 , 245 , 248, AND 269; AND REPEALING SECTION 34(K) OF THE NATIONAL REVENUE CODE OF 1997, AS AMENDE D, AN D FOR OTHER PURPOSES

CTA Case No. 10494 . Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION X-----------------------------------------------------X Lastly, respondent maintains that the law requires that only "creditable input taxes" that are "directly attributable" may be refunded. In petitioner's case, it failed to establish direct attributability between input tax on purchases vis-a-vis its zero-rated sales. With petitioner's failure to comply with the refund's documentary and evidentiary requirements, its refund claim must necessarily be denied. In the Comment to respondent's MPR, petitioner counters that in judicial refund cases, this Court may conduct trial de novo in the determination of the claim. Being a court of record, it is not precluded from appreciating evidence that were not previously presented to the BIR. We resolve. After a careful consideration and evaluation of the parties' arguments, this Court is constrained to deny respondent's MPR. On the other hand, We find partial merit in petitioner's MPR. RESPONDENT'S MOTION FOR PARTIAL RECONSIDERATION. It is noted that respondent's first two (2) arguments are merely a rehash of his or her earlier submissions which the Court has thoroughly discussed in the assailed Decision. In Licomcen Incorporated v. Foundation Specialists, Inc. 13, the Supreme Court, citing Ortigas and Company Limited Partnership v. judge Tirso Velasco, et a/. 14, held that: The filing of a motion for reconsideration, authorized by Rule 52 of the Rules of Court, does not impose on the Court the obligation to deal individually and specifically with the grounds relied upon therefor, in much the same way that the Court does in its judgment or final order as regards the issues raised and submitted for decision. U This would be a useless formality or ritual invariably involving merely� a reiteration of the reasons already set forth in the judgment or final 13 G.R. No. 167022, 31 August 2007. 14 G.R. No. I09645 (Resolution), 04 March 1996.

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x-----------------------------------------------------x order for rejecting the arguments advanced by the movant; and it would be a needless act, too, with respect to issues raised for the first time, these being, ... deemed waived because not asserted at the first opportunity. It suffices for the Court to deal generally and summarily with the motion for reconsideration, and merely state a legal ground for its denial (Sec. 14, Art. VIII, Constitution); i.e., the motion contains merely a reiteration or rehash of arguments already submitted to and pronounced without merit by the Court in its judgment, or the basic issues have already been passed upon, or the motion discloses no substantial argument or cogent reason to warrant reconsideration or modification of the judgment or final order; or the arguments in the motion are too unsubstantial to require consideration, etc. As regards respondent's argument that the law requires that only Hereditable input taxes" that are ((directly attributable" may be refunded, the Supreme Court in Republic of the Philippines, represented by the Commissioner oflnternal Revenue v. Taganito HPAL Nickel Corporation1s ruled to the contrary stating that direct attributability is not required for refund cases under Section 11216 of the National Internal Revenue Code (NIRC) of 1997, as amended- Tellingly, Section n2(A) does not require direct attributability for input tax to be creditable or refundable. In sooth, the law allows as tax credit an allocable portion of a taxpayer's input tax that is not directly and entirely attributable to their zero-rated sales. In such instance, what the law requires is for the creditable input tax to be attributable to the zero-rated or effectively zero-rated sales. At any rate, creditable input tax does not arise solely from purchases that form part of the finished goods. A plain reading of Section no of the Tax Code readily reveals that it did not limit creditable input tax to purchases or importation of goods which are to be converted into or intended to form part of a finished product for sale, or to be used in the chain of production. In particular, Section no(A) also treats as input tax all VAT due from or paid by a VAT- registered person in the course of their trade or business on the importation of goods or local purchase of goods or services, including lease or use of property, from a VAT-registered person. Corollary t ' thereto, even if the purchased goods do not find their way into the taxpayer's finished product, the input tax incurred therefrom can still . be credited against the output tax as long as it is (1) incurred or paid 15 G.R. No. 259024, 28 September 2022 (Notice of Resolution) ; Citations omitted and italics in the original text. 16 SEC. 112 . Refunds or Tax Credits ofInput Tax.

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION X--------------------------------- - -- ------- ----------X in the course of the VAT-registered taxpayer's trade or business, and (2) supported by a VAT invoice issued in accordance with the invoicing requirements of the law. Veritably, in a plethora of analogous cases involving claims for input tax refund or issuance of tax credit certificate, the CTA is steadfast in its posture that Section 112 of the Tax Code does not require direct attributability of input taxes to zero-rated sales. This posture becomes all the more significant when juxtaposed with the well-entrenched principle that the factual findings and conclusions of the CTA, as a highly specialized court, are accorded respect and deemed final and conclusive. Therefore, this Court perceives no cogent reason to diverge from the judgment reached by the CTA En Bane in this case. PETITIONER'S MOTION FOR PARTIAL RECONSIDERATION (MPR). As for petitioner's contention on the alterations, We underscore that what were previously disallowed were altered invoices that were without any countersignatures. To restate Our assailed Decision- Per respondent's VAT Refund Notice and its attachments, this pertains to alterations, erasures, or additions of amounts, addresses, or business names without the required countersignature. For this kind of disallowance, the time that the countersignature was made is of crucial importance. It is incumbent upon petitioner to show that it was already countersigned at the time of respondent's review and not after respondent rendered a decision. It bears noting that an appeal of an unsuccessful administrative claim, the taxpayer has to convince this Court that respondent had no reason to deny its claim. It is thus, important that petitioner was able to show that such disallowance has no basis. Consequently, petitioner cannot rectify the lapse by filing t 'cured' documents before this Court. After all, basic is the rule that the party producing a document which has been altered must account for ~ny alteration. 17 17 Citations omitted and emphasis supplied, supra at note 5, p. 638 .

CTA Case No . 10494 . Phi lippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x-------------- - ---- --- --- ---- - -- - - -- - ----------------x To add, the invoices are the only third-party documents which could prove the existence of petitioner's purchase transactions. If there have been alterations and that they were countersigned, it remains crucial for petitioner to similarly show that these countersignatures were made before the administrative claim for refund was filed . Absent proof that establishes the same, We have no other recourse but to maintain the disallowed input VAT. As for the CTCs of the PEZA Certificates, a second hard look on submitted CTCs of Exhibits "P-14" series and the admitted scanned copies of Exhibits "P-14" series (which documents also happen to be included in the BIR Records), compels Us to modify Our earlier declarations in the assailed Decision. We note earlier that, with petitioner's MPR, it has submitted the CTCs of Exhibit "P-14" series or the PEZA Certificates that indicate the PEZA registration of petitioner's clients and their entitlement to VAT- zero rating transactions of their local purchases. The Officer-in-Charge of PEZA's Incentive Management Division, Ms. Grethel D. Tan (OIC- IMD Tan) attested and verified the CTCs as the duplicates of the electronic files. Likewise, the CTCs reveals that the PEZA Certificates were issued and signed by PEZA's Deputy Director General for Operations, Ms. Mary Harriet 0. Adorbo (Dir. Gen. Adorbo) . On the other note, the PEZA Certificates contained in the BIR Records are considered as public records . RA 947018, also known as the National Archives of the Philippines Act of 2007, defines public records as record or classes of records, in any form, in whole or in part, created or received by a government agency in the conduct of its affairs, and have been retained by that government agency or its successors as evidence or because of the information contained therein. In the instant case, the BIR VAT Credit Audit Division (VCAD) received the subject PEZA Certificates19 in the conduct of its affairs (i.e., processing claims for refund) and retained them as evidence _ (considering that they formed part of the BIR Records elevated to thet 18 AN ACT TO STRENGTHEN THE SYSTEM OF MANAGEM ENT AND ADM INISTRATION OF ARCHl YAL RECO RDS, ESTABLI SHING FOR T HE PURPOSE THE NAT IONAL ARCH IVES OF T HE PHILIPPINES, AND FOR OTHER PURPOSES . 19 BIR Records, pp. 195-2 19.

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x----- -- ------------------ -- ---------- - ----------- - - -- x Court). Additionally, an examination of the said PEZA Certificates reveals that these were attested by Amelita A. Escober, chief of the BIR VCAD, as CTCs of the documents submitted to her office. A detailed companson of the submitted CTCs with the PEZA Certificates (in the BIR Record) and the admitted scanned copies of Exhibits "P-14" series reveals that they are the exact copies of each other. With the foregoing, while We initially had reservations assigning probative value to Exhibits "P-14" series, there really appears no genuine issue on their authenticity. As stated, even respondent's own BIR Records carry these documents. Equally, with the BIR Records being treated as public documents, entries in public records made in the performance of a duty by a public officer are prima facie evidence of the facts therein stated. Section 23 of Rule 130 of the Revised Rules of Evidence states - Sec. 23. Public documents as evidence. - Documents consisting of entries in public records made in the performance ofa duty by a public officer are prima facie evidence of the facts therein stated. All other public documents are evidence, even against a third person, of the fact which gave rise to their execution and of the date of the latter. In the assailed Decision, We have previously disallowed the sales (in the amount of P64o,2m,oo9.19) rendered to the alleged PEZA- registered entities for petitioner's failure to substantiate its claims due to the non-presentation of the originals or CTCs of the relevant PEZA Certificates (Exhibit "P-14" series) . However, with the submission of the foregoing CTCs and Our determination that these are the exact replicates of the PEZA Certificates in the BIR Records and the admitted scanned copies of Exhibits "P-14" series, We are constrained to conclude that, indeed, petitioner's sales were indeed made to PEZA-registered oft entities and that these are considered zero-rated transactions as a result of the said entities' tax benefits pursuant to Section w6(A)(2) (a)(s)'" 20 SEC. 106. Value-Added Tax on Sale ofGoods or Properties.- (A) Rate and Base of Tax.- ... ... (2) The fo llow ing sales by VAT-reg istered persons sh all be subject to zero percent (0%) rate:

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION X-----------------------------------------------------X the NIRC of 1997, as amended2\ in relation to Section 4.1o6-s(a)(5) 22 of Revenue Regulations (RR) No. 16-200523, as amended by RR No. 04-2007.24 To recall, based on the first (1st) to fourth (4th) Amended Quarterly VAT Returns for CY 201925, petitioner reported its zero-rated sales in the amount of P1,278,436,846.23, of which P640,201,009.19 is composed of indirect exports, or sales of goods to PEZA-registered and Board of Investments (BOI)-registered entities. As summarized in the amended Independent Certified Public Accountant (ICPA) Repore6: 3rd quarter of 4th quarter of CY 2019 15t quarter of CY 2nd quarter of CY CY 2019 covering 2019 covering 2019 covering covering July to October to December 2019 January to April to May 2019 September 2019 March 2019 Total a. Sale to PEZA and 801 registered customers - Schedule of Zero-rated Sales of Goods- Indirect Export Sales (Exhibit P-u-1) 165,191>491.97 193>551,067�36 172>351,722 .6 8 109,106,727.18 640,201,009.19 For an export sale to qualify for VAT zero-rating under Section 1o6(A)(2)(a)(5) of the NIRC of1997, as amended, the following essential elements must be present - t 1. The sale was made by a VAT registered person; and, (a) Export Sales . - The term ' export sales' means: (5) Those considered export sales under Executive Order No . 226 , otherwise known as the Omnibus Investment Code of 1987, and other special laws. 21 Before the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law . 22 SEC. 4.106-5 . Zero-Rated Sales ofGoods or Properties.- ... The following sales by VAT-registered persons shall be subject to zero percent (0%) rate : (a) Export sales.- ... (5) Transactions considered export sales under Executive Order No . 226, otherwise known as the Omnibus Investm ents Code of 1987, and other special laws . 23 Consolidated Value-Added Tax Regulations of2005. 24 Amending Certain Provisions of Revenue Regu lations No . 16-2005 , As Amended, Otherwise Known as the Consolidated Value-Added Tax Regulations of2005. 25 Exhibits Exhibit " P-10-4", " P-10-9", " P-10-13", and " P-10-18", USB . 26 Table lifted from amended Independent Certified Public Accountant (ICPA) Report, p. 13, Exhibit " P-39", USB .

CTA Case No. 10494 . Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x---------- - ---- -- --------- - --------------------- - ----x 2. The sale of goods must be to an entity entitled to incentives under Executive Order (EO) No. 226, otherwise known as the Omnibus Investment Code of1987, and other special laws. As determined in the assailed Decision, petitiOner is a VAT- registered entity. Hence, the first essential element was already fulfilled. As to the second essential element, the case records show that petitioner had sold goods to the following companies: 1. Philippine Sinter Corporation; 2. Visayas Slaked Lime Corporation; 3� Taganito Hpal Nickel Corporation; 4� Coral Bay Nickel Corporation; 5� Unichamp Mineral Philippines, Inc.; 6. Pioneer Float Glass Manufacturing, Inc.; 7� PEBA Tandem and Manufacturing, Inc.; and, 8. Carmen Copper Corporation. To prove that its clients are duly registered with the PEZA and the BOI, petitioner presented the following certifications (as summarized in the amended ICPA Report): Customers Proof of Zero-Rating Exhibit Covered Period Reference7 Carmen Copper Confirmation letter from January 1to December Corporation BOI dated January 28, P-14 31, 2019 Coral Bay Nickel 2019; Certificate No. 2019- P-14-1, P-14-2 Corporation 048 P-14-3 For the year 2019 Peba Tandem & PEZA certification dated July 1 to December 31, Manufacturing, Inc. January 9, 2019; Certificate P-14-4, P-14-5 2019 Nos. 2019-0440, 2019-0474 P-14-6, P-14-7 Philippine Sinter PEZA certification dated January 1 to June 30, Corporation July 12, 2019; Certificate 2019 No. 2019-2388 July 1 to December 31, PEZA certification dated 2019 January 30, 2019; Certificate No . 2019-0710, 2019-0963 PEZA certification dated May 15, 2019; Certificate 27 USB .

CTA Case No. 10494 . Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION X-------------- ----------------- ------------- - --------X Customers Proof of Zero-Rating Exhibit Covered Period Reference7 Pioneer Float Glass No. 2019-0710-0169, 2019- For the year 2019 Manufacturing Inc. P-14-8 For the year 2019 Taganito Hpal Nickel 0963 P-14-9, P-14-10 For the year 2019 Corporation P-14-11, P-14-12 January 1 to June 30, Unichamp Mineral PEZA certification dated P-14-13, P-14-14 2019 Philippines, Inc. July 1 to December 31, January 21, 2019; P-14-15, P-14-16 2019 Visayas Slaked Lime Corporation Certificate No. 2019-1195 PEZA certification dated January 9, 2019 ; Certificate No. 2019-0427, 2019-0476 PEZA certification dated January 9, 2019; Certificate No . 2019-0214, 2019-0327 PEZA certifications dated February 26, 2019; Certificate No. 2019-1295, 2019-1447 PEZA certification dated August 1, 2019; Certificate No. 2019-1295-1002, 2019- 1447 Except for Carmen Copper's BOI confirmation letter, petitioner submitted the CTCs of the PEZA Certificates (Exhibits "P-14-2", "P-14-3", "P-14-5", "P-14-7", "P-14-8", "P-14-10", "P-14-12", "P-14-14", and "P-14-16") which confirmed that the above-listed clients are with PEZA registrations valid for CY 2019. Likewise, the PEZA Certificates stated that the clients are "qualified enterprise for the purpose of VAT zero- rating of its transactions with its local suppliers of goods, properties and services needed in its registered activity and actually delivered into and used and consumed by [the relevant company] inside its PEZA registered facility in [particular ecozone] in accordance with Section 4.106-6 and 4.108-6 of [RR] No. 16-2005, the Consolidated [VAT] Regulations 2005". Moreover, petitioner presented the VAT zero-rated sales invoices28 for the sales amounting to a total of P64o,2m,oo9.19. Except t for the sales rendered to Carmen Copper, an examination of the sales . invoices reveals that they are compliant with the invoicing requirements 28 Exhibits "P-17'' series, id .

CTA Case No. 10494 Ph ilippine Mining Service Corporation v. Comm issioner of Internal Reven ue AMENDED DECISION X- - - - -- - - -- -- - --- - ------ - ---- -- ---------------- -- -- --- X prescribed under Section n 3(A) an d(B )29 of the NIRC of 1997, as amended, in relation to Section 4.113-1 (A) and (B )3� of RR No. 16-2005. Exhibit Date Name of Bu yer Address Sales in Amoun t of Sales Reference Foreign (in Php) Currency First quarter P- 17-123 01 / 03 /2019 PH ILIPPINE SINTER 23F, O ledan Square 6788 2,067,467-48 P- 17-124 01 / 03/ 2019 CORPORATION Ayala Ave ., Makati City 2,073 .930 �56 3,763,898 .6 o PHILIPPINE SINTER 23F, O ledan Sq uare 6788 CORPORATION Aya la Ave., Makati City Taganito Special Economic P- 17-125 VISA YAS SLAKED LIME Zone Brgy. Taganito, s 71,88~ . 00 01 / o6 /2019 CORPORATION Claver, Surigao del Norte 29 SEC. 11 3. Invoicing and Accounting Requirements for VAT-Registered Persons. - (A) Invoicing Requirements. - A VAT-registered person sha ll issue: (I) A VAT invoice for every sa le, barter or exchange of goods or properties ; and (B) Information Contained in the VAT Invoice or VAT Official Rece ipt. - T he fo ll owing information shall be indicated in the VAT invoice or VAT offici al receipt: (I) A statement that the se ller is a VAT-registered person , followed by his Taxpayer' s Identification Number (TIN); (2) The total amount which the purchaser pays or is obligated to pay to the seller with the indication that such amount includes the value-added tax : Provided, That: (c) If the sale is su bject to zero percent (0%) value-added tax, the term ' zero-rated sale' shall be written or printed prominently on the invoice or rece ipt; (3 ) The date of transaction, quantity, unit cost and description of the goods and properties or nature of the service; and (4) In the case of sa les in the amount of One thousand pesos (PI ,000) or more where the sale or � transfer is made to a VAT- registered person , the name, business sty le, if any, address and Tax payer Identification N umber (TIN) of the purchaser, customer or client. 30 SEC. 4.11 3-1. Invoicing Requirements. - (A) A VAT -registered perso n sha ll iss ue: - ( I) A VAT invoice for every sale, barter or exchange of goods or properties; and Only VAT-reg istered persons are requ ired to pr int their TIN follo wed by the word "VAT" in their invoice or official receipts. Said documents sha ll be considered as a ' VAT Invoice ' or VAT official receipt. All purchases covered by invoices/receipts other than VAT InvoiceN AT Official Receipt shall not give rise to any input tax . VAT invoice/official rece ipt shall be prepared at least in duplicate, the original to be given to the buyer and the dup li cate to be retained by the se ller as part of his accounti ng records . (B) Inform ation contained in VAT invo ice or VAT offici a l receipt.- The fo llowing in for mation shall be indicated in VAT invoice or VAT official recei pt: (I) A statement that the se ller is a VAT-registered person, followed by h is TIN ; (2) The total amount which the purchaser pays or is obl igated to pay to the se ller w ith the ind ication that such amount incl udes the VAT ; Provided, That: (c) If the sale is subject to zero percent (0%) VAT, the term " zero-rated sa le" shall be written or printed prominently on the invoice or receipt; (3) In the case of sales in the amo un t of One thousand pesos (PI ,OOO .OO) or more where the sale or transfer is made to a VAT-registered person, the name, busi ness sty le, if any, address and T IN of the purchaser, customer or client.

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x-- - -------- ------------------------------------------x P- 17-126 PHILIPPI NE SI NTER 23F, Oledan Square 6788 2,o58,391.32 P- 17-130 01 / 07/2019 CORPORATION Aya la Ave., Makati City P- 17-131 Taganito Special Economic 1.755,272 .4 0 P- 17-132 VISAYASSLAKED LIME Zone Brgy. Taganito, s 71,885.00 1,712, 166.oo P- 17-133 01 /12/2019 CORPORATION Claver, Surigao del Norte $ 32,775.00 626,488.12 P- 17-1 34 Taganito Special Economic 1,402,462.87 P- 17-137 TAGAN ITO HPAL Zone, Taganito, Claver, s 71,885.00 1,907,723�79 P- 17-138 01/13/ 2019 NICKEL CORPORATION Surigao del Norte 8410 s 71,88s.oo P- 17-139 $ 32,775.00 3.750,240-45 P- 17-140 01/14/2019 PHILIPPINE SINTER 23F, Oledan Square 6788 P- 17-144 01/15/ 2019 CORPORATION Ayala Ave., Makati City s 44,85o.oo 3.790.496.05 P- 17-145 1,728,225.75 PHILIPPINE SINTER 23F, Oledan Square 6788 s 71,885.00 P- 17-146 CORPORATION Ayala Ave., Makati City 2,364.940.50 P- 17-147 Taganito Special Economic $ 86,250.00 2,084,105 �44 P- 17-148 VISAYAS SLAKED LIME Zone Brgy. Taga nito, 1,913 ,867 �4 8 P- 17-149 01 / 17/2019 CORPORATION Claver, Surigao del Norte s 71,885.00 P- 17-150 Taganito Special Ec onomic 3.755 ,272 .4 0 P- 17-151 VISAYASS LAKED LIM E Zone Brgy. Taganito, $ 71,911.14 P- 17-152 01/27/ 2019 CORPORATION Claver, Surigao del Norte 4,511 ,737�50 P- 17-153 Taganito Special Economic s 43,125.00 682,494 �54 P- 17-154 TAGANITO HPAL Zone, Taganito, Claver, 1,364.989.08 P- 17-155 01 /28/ 2019 NIC KEL CORPORATION Surigao del Norte 8410 $ 45.425.00 3.738,020.00 P- 17-156 Taganito Special Economic $ 71.924.21 776.423 �4 8 P- 17-157 01/28/2019 TAGAN JTO HPAL Zone, Taganito, Claver, 2,007,900.00 P- 17-158 01 / 29 /2019 NICKEL CORPORATION Surigao del Norte 8410 847.423 .04 P- 17-159 02/04/ 2019 3.771,020.18 P- 17-160 PHILIPPI NE SINTER 23F, Ol edan Square 6788 854,806.41 CORPORATION Ayala Ave., Makati City 2,242,500.00 PHILIPPINE SINTER 23F, Ol edan Square 6788 CORPORATION Aya la Ave., Makati City 2,376,181.75 Taganito Special Economic 782,525 .15 VISAYASSLAKED LIME Zone Brgy. Taganito, 02/ 04 / 2019 CORPORATION Claver, Surigao del Norte 3.744.374�37 793.837.60 UNICHAMP MINERAL Rio Tuba Export 86oo4o6.8o 02 / 07/ 2019 PHILIPPINES, INC. Processing Zone, Rio Tuba, 873,353-36 Bataraza, Palawan, PHILIPPINE SINTER Philippines 5306 02 / 10/2019 CORPORATION 23F, Oledan Square 6788 02 /12/2019 VISAYAS SLAKED LIME Ayala Ave., Makati City 02/14/2019 CORPORATION Taganito Special Economic 02/15/2 019 Zone Brgy. Taganito, 02/17/2019 PHILIPPINE SINTER Claver, Surigao del Norte CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave., Makati City CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave., Makati City CORPORATION 23F, Oiedan Square 6788 02/17/2019 VISAYASSLAKED LIME Ayala Ave., Makati City 02/19/2019 CORPORATION Taganito Special Economic Zone Brgy. Taganito, PHILI PPINE SINTER Claver, Surigao del Norte CORPORATION 23F, Oledan Square 6788 TAGANITO HPAL Ayala Ave., Makati City 02/19/2019 NICKEL CORPORATION Taganito Special Economic Zone, Taganito, Claver, 02 / 20/ 2019 TAGANITO HPAL Surigao del Norte 8410 02/20/2019 NICKEL CORPORATION Taganito Special Economic Zone, Taganito, Claver, PHILIPPINE SINTER Surigao d el Norte 8410 CORPORATION 23F, Oledan Square 6788 02 /22/ 2019 VISAYASSLAKED LIME Ayala Ave., Makati City 02/ 23/ 2019 CORPORATION Taganito Special Economic 02/ 24/ 2019 Zon e Brgy. Taganito, 02/26/2019 PHILIPPINE SINTER Claver, Surigao del Norte CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave., Makati City CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave., Makati City CORPORATION 23F, Oledan Square 6788 Ayala Ave., Makati City

CTA Case No. 10494 Philippine Mining Service Corporation v . Commissioner of Intern al Revenue AMENDED DEC ISION X-- -- - --- --- ------ -- - -- --- - - - -- --- --- --- - - - - - -- -------X P- 17-161 PHILIPPINE SINTER 23F, Oledan Square 6788 2,062,618:~8 P- 17-162 02 /26/2.019 CORPORATION Ayala Ave., Makati City 1 ,7 0~,281 . 2~ P- 17-16J Taganito Special Economic P- 17-164 02/ 27/2019 TAGANITO HPAL Zone, Taganito, Claver, $ )2,775�00 796,lll.68 P- 17-165 02/2.8/ 2019 NICKEL CORPORATION Surigao del Norte 8410 s _}1,6:zs.oo P- 17-166 2,989,274 �75 P- 17-168 PH ILIPPINE SINTER 23F, Oledan Square 6788 $ ~/3.20.00 786,797�5~ P- 17-169 CORPORATION Ayala Ave., Makati City_ 2,21J,012.50 P- 17-170 Taganito Special Economic $ 43,125.00 P- 17-172 02/2.8/2.019 TAGANITO HPAL Zone, Taganito, Claver, 2,001,667 . ~8 P- 17-171 Oj/ 02/2.019 NICKEL CORPORATION Surigao del No rte 8410 $ 45.425.00 2,1~1,198.oo P- 17-174 P- 17-175 PHILIPPINE SINTER 23F, Oledan Square 6788 $ 71 ,98g-s6 850,140 .72 P- 17-176 CORPORATION Ayala Ave., Makati City $ 32,775�00 886,706.25 P- 17-177 Taganito Special Economic P- 17-178 03/ 02/ 2019 TAGANITO HPAL Zone, Taganito, Claver, s 44,85o.oo 3. 754.975�45 P- 17-179 OJ / 04/2.019 NICKEL CORPORATION Surigao del Norte 8410 s 43,125.00 1,709,544 �0 0 P- 17-180 P- 17-183 PH ILIPPINE SINTER 23F, Oledan Square 6788 s 44,85o.oo 7 9 9 . 4 9 0 .12 P- 17-184 CORPORATION Ayala Ave ., Makati City P- 17-185 Taganito Special Economic s 31,625.00 2,144.7~8.00 oJ/ 05/2.019 TAGANITO HPAL Zone, Taganito, Claver, 03 / 06/ 2019 NICKEL CORPORATION Surigao del Norte 8410 s ~/3.20 . 00 2 , 2~ 4 .~7~ .0 0 03 / 08/2019 PHILIPPINE SINTER 23F, Oledan Square 6788 $ 71~24 . 2 1 887,269.2~ C O R P O R A T IO N Ayala Ave., Makat i Ci!}'_ 2,086,243 .15 PHILIPPINE SINTER 23F, Oledan Square 6788 8 8 8 ,193�93 CORPORATION Aya la Ave., Makati City Taganito Special Econom ic 2.363, 1 46.~o VISAYAS SLAKED LIME Zone Brgy. Taganito, 01 / o8/2.019 CORPORATION Claver, Surigao del Norte 3,028.)57�75 Taganito Special Economic 3,]78,897�99 OJ / 08/2.019 TAGANITO HPAL Zone, Taganito, Claver, 03 / 10/2.019 NICKEL CORPORATION Surigao del Norte 8410 691,036.50 1,381.355�04 PHILI PP INE SINTER 23F, Oledan Square 6788 C O R P O R A T IO N Ayala Ave ., Makati City 4.~22,087 . ~0 Taganito Special Economic 2 , 06~ .7 1~ . 76 TAGANITO HPAL Zone, Taganito , Claver, 03/ 10/2.019 NICKEL CORPORATION Surigao del Norte 8410 639,166.50 Taganito Special Economic OJ/ 10/2.019 TAGANITO HPAL Zone, Taganito, Claver, 2;~67,181 . 00 Oj / 11 / 2019 NICKEL CORPORATION Surigao del Norte 8410 03 / 11 / 2019 3,013.510.50 03/13/2.019 PHI LI PP INE SINTER 23F, O ledan Square 6788 C O R P O R A T IO N Aya la Ave., Makat i City PHILIPPINE SINTER 23F, Oledan Square 6788 CORPORATION Ayala Ave., Makati City PHILIPP INE SINTER 23F, Oledan Sq uare 6788 C O R P O R A T IO N Ayala Ave ., Makati City Taganito Spec ial Economic TAGANITO HPAL Zone, Taganito, Claver, 03/18/ 2019 NICKEL CORPORAT ION Surigao del Norte 8410 TAGANITO HPAL Taganito Special Economic OJ/18/2.019 NICKEL CORPORATION Zone, Taganito, Claver, Surigao del Norte 8410 VISAYAS SLAKED LIME Taga n ito Special Econom ic 03/2.4/2.019 CORPORATION Zone Brgy. Tagan ito, Claver, Surigao del Norte P- 17-186 01/26/ 2019 PHILIPPINE SINTER 23F, Oledan Square 6788 $ 86,250.00 CO RPORATION Ayala Ave., Makati City P- 17-187 03/ 27/ 2019 Rio Tuba Export s 44,85o.oo P- 17-188 03 / 28/ 2019 UNICHAMP MINERAL Processing Zone, Rio Tuba, s 31,625.00 P- 17-189 03/2.9/2.019 PHILIPPINES, INC. Bataraza, Palawan , P- 17-190 o'lho/ 2019 PHILIPP INE SINTER Philippi nes 5306 s 25,85o.oo P- 17-191 03 /30/2.019 CORPORATION PHILIPPINE SINTER 23F, Oledan Sq uare 6788 CORPORAT IO N Ayala Ave ., Makati City TAGANITO HPAL 23F, O ledan Square 6788 NICKE L CORPORATION Ayala Ave., Makati City Taganito Special Economic TAGAN ITO HPAL Zone, Taganito, Claver, NICKE L CORPORAT ION Surigao del Norte 8410 Taganito Special Economic Zone, Taganito, Claver, Surigao d el Norte 8410

CTA Case No. 10494 , Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x-----------------------------------------------------x P- 17-192 03/31/2019 PHILIPPINE SINTER 23F, Oledan Square 6788 845,012.00 CORPORATION Ayala Ave ., Makati City P- 17-129 01/14/2019 Rio Tuba Export $ 74,750.00 3,904,940.00 CORAL BAY NICKEL Processing Zone, Rio Tuba, 2,600,214-40 P- 17-2 01 / 08/ 2019 CORPORATION Bataraza, Palawan, 2,618,415.88 PHILIPPINE SINTER Philippines 5306 2,635,921.oo P- 17-5 01/18/2019 CORPORATION 2,673.418.56 P- 17-7 01/18/ 2019 PHILIPPINE SINTER 23F, Oledan Square 6788 2,651,545�44 CORPORATION Ayala Ave., Makati City 2,591,544�06 P- 17-10 01 / 24/ 2019 PHILIPPINE SINTER 2,583,229.00 P- 17-13 02/ 04 /2019 CORPORATION 23F, Oledan Square 6788 2,643,056.o6 PHILIPPINE SINTER Ayala Ave., Makati City 2,595.485�79 P- 17-18 02/ 08/ 2019 CORPORATION 2,637,115.20 PHILIPPINE SINTER 23F, Oledan Square 6788 2,635,227 .28 P- 17-19 02/13/2019 CORPORATION Aya la Ave., Makati City 2,618,179 .20 PHILIPPI NE SINTER 2,648,534.60 P- 17-21 02/25/2019 CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave., Makati City 8oo,961.09 P- 17-23 03 / 04 / 2019 CORPORATION (53 ,56 6 .10} PHILIPPINE SINTER 23F, Oledan Square 6788 P- 17-25 03/13/2019 CORPORATION Ayala Ave., Makati City 6,339-44 PHILIPPINE SINTER P- 17-26 03/15/2019 CORPORATION 23F, Oledan Square 6788 1,312,620.00 PHILIPPINE SINTER Aya la Ave., Makati City 165,191 , 4 91.97 P- 17-28 03/ 20(2019 CORPORATION PHILIPPINE SINTER 23F, Oledan Square 6788 2,074.443�66 P- 17-32 03 /30/2019 CORPORATION Ayala Ave., Makati City 1,721 ,343.00 P- 17-167 03/ 04/2019 PHILIPPI NE SINTER CORPORATION 23F, Oledan Square 6788 858,107.80 PHILIPPINE SINTER Ayala Ave., Makati City CORPORATION 3,760,125 .29 PHILIPPINE SINTER 23F, Oledan Square 6788 2,)40,721.50 CORPORATION Ayala Ave., Makati City 1,710,199 �50 PHILIPPINE SINTER 3.746,896.10 CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave ., Makati City 3,875,787 .50 CORPORATION 23F, Oledan Square 6788 PIONEER FLOAT GLASS Ayala Ave., Makati City MANUFACTURING, INC. 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave., Makati City CORPORATION 23F, Oledan Square 6788 TAGANITO HPAL Aya la Ave ., Makati City NIC KE L CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Ayala Ave ., Makati City CORPORATION P- 17-14 01 /31/2019 23F, Oledan Square 6788 P- 17-141 01/ 31/2019 VISAYAS SLAKED LIME Ayala Ave., Makati City CORPORATION P- 17-35 03 /30/2019 23F, Oledan Square 6788 TAGANITO HPAL Aya la Ave. , Makati City NICKEL CORPORATION Asahi Special Economic Zone (ASEZ), 730 M.H. Del TAGANITO HPAL Pilar, Brgy. Pinagbuhatan, NICKEL CORPORATION Pasig City, Philippines 1602 VISAYAS SLAKED LIME Total Sales for First Quarter CORPORATION Second quarter 23F, Oledan Square 6788 P- 17-193 04/ 01/2019 CORAL BAY NICKE L Ayala Ave., Makati City CORPORATION Taganito Special Econom ic P- 17-194 04 / 02/ 2019 Zone, Taganito, Claver, $ 32,775�00 P- 17-195 04 / 04/ 2019 Surigao del Norte 8410 $ 71,950�35 P- 17-196 04 / 04/2019 23F, Oledan Square 6788 s 44,85o.oo Ayala Ave ., Makati City $ 32,775�00 P- 17-197 04 / 07/2019 Taganito Special Economic $ 72,041.84 Zone Brgy. Taganito, $ 74,750.00 P- 17-198 04 / 10/ 2019 Claver, Surigao del Norte Taganito Special Economic P- 17-199 04/ 11/2019 Zone, Taganito, Claver, Surigao del Norte 8410 P- 17-200 04/12/2019 Taganito Special Economic Zo ne, Taganito, Claver, Surigao del Norte 8410 Taganito Special Economic Zone Brgy. Taganito, Claver, Surigao del Norte Rio Tuba Export Processing Zo ne , Rio Tuba, Bataraza, Palawan, Philippines 5306

CTA Case No. 10494 . Ph ilippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x- -- - -- - - -- - -- - --- ---------- - --- ------ -- -- -- - -- - --- - --x P- 17-201 VISA YAS SLAKED LIME Taganito Special Economic s 71,885.00 3.717,892.20 P- 17-202 04/17/ 2019 CORPORATION Zone Brgy. Taganito, s 44.850.00 2,)23,230.00 P- 17-205 Claver, Surigao del Norte P- 17-206 TAGANITO HPAL Taganito Special Economic $ 72,015�70 3.759,219�54 P- 17-207 04/18/2019 NICKEL CORPORATION Zone, Taganito, Claver, 2,093 .937�12 P- 17-208 Surigao del Norte 8410 s 44,85o.oo 2,338,927�50 P- 17-209 04 / 25 / 2019 VISAYASSLAKED LIME Taganito Special Economic s 72,028.77 3,752,698 .92 P- 17-210 04 / 26 /2019 CORPORATION Zone Brgy. Taganito, 2,324 ,127.0 0 P- 17-211 Claver, Surigao del Norte S 44,85o.oo 2,054.563 .65 P- 17-213 PH ILIPP INE SINTER 2,035 .451.43 P- 17-214 CORPORATION 23F, Oledan Square 6788 $ 71,924.21 2,013 ,598 �4 4 Ayala Ave. , Makati City $ 86,250.00 3.758 ,039 �97 P- 17-215 TAGAN ITO HPAL Taganito Special Economic P- 17-216 04/28/2019 NICKEL CORPORATION Zone, Taganito, Claver, s 44,85o.oo 4.499.662 .50 P- 17-217 Surigao del Norte 8410 2.)39.824 .50 P- 17-218 VISAYAS SLAKED LIME Taganito Special Economic s 44,85o.oo 2,051 ,8 8 7 �50 P- 17-219 05/ 02/2019 CORPORATION Zone Brgy. Tagan ito, 1,911 ,278 .! 6 P- 17-220 Claver , Surigao del Norte s 71,989 .56 P- 17-221 05 / 03 /2019 TAGAN!TO HPAL Taganito Special Economic 2.)39,824 �50 P- 17-224 05 / 03 /2019 NICKEL CORPORATION Zone, Taganito, Claver, $ 43.700.00 1,362,124 �53 P- 17-225 05 / 03 /2019 Su rigao del Norte 84 10 s 44,85o.oo P- 17-226 05/ 09/2019 PHILIPP INE SINTER 621,401.20 P- 17-227 C O R PORAT IO N 23F, Oledan Square 6788 s 31,625.00 3.782,)31.48 P- 17-228 Ayala Ave., Makati City s 25,85o.oo 2,043.326 .0 8 P- 17-229 PH ILIPP INE SINTER 2,295,124. 00 P- 17-231 CORPORATION 23F, O ledan Sq uare 6788 s 44 .850.00 2,348.346.oo P- 17-233 Aya la Ave., Makati City 2,106 ,322 .9 0 PH ILIPPINE SINTER 2,997,)21.25 CORPORATION 23F, Oledan Sq uare 6788 2,078,78] .20 Ayala Ave ., Makati City 2,069,779 �08 VISAYASSLAKED LIME Taganito Special Economic 2,342,067 .0 0 05/ 10/2019 CORPORATION Zone Brgy. Taganito, Claver, Surigao del Norte UNICHAMP MINERAL Rio Tuba Export o5 / 10/ 2019 PHILIPPINES, INC. Processing Zone, Rio Tuba, Bataraza, Palawan, 05/ 11/2019 TAGAN!TO HPAL Phi lippines 5306 05/12 /2019 NICKE L CORPORATION Taganito Special Economic o5/I2/ 2o19 Zone, Taga ni to, Claver, PHILIPPINE SINTER Surigao del Norte 8410 CORPORAT IO N PHILIPPIN E SINTER 23F, Oledan Square 6788 CORPORATION Ayala Ave., Makati City 05 /1 4 / 2 01 9 TAGANITO HPAL 23F, Oledan Square 6788 05/18/ 2019 NICKEL CORPORATION Ayala Ave., Makati City Taganito Special Economic PH ILIPPINE SINTER Zone, Taganito, Claver, CORPORATION Surigao del Norte 8410 o5 /2o/ 2019 VISA YAS SLAKED LIME 23F, O ledan Sq uare 6788 05 / 24/ 2019 CORPORATION Ayala Ave ., Makati City Taganito Special Economic PHILIPPINE SINTER Zone Brgy . Taganito, CORPORATION Claver, Surigao del Norte TAGANITO HPAL 23F, O ledan Squa re 6788 05/24/2019 NICKE L CORPORATION Ayala Ave., Makati City Taganito Special Economic 05 / 25 / 2019 TAGAN ITO HPAL Zo ne, Tagan ito, Claver, 05/ 27/ 2019 NICKEL CO RPORATION Surigao del Norte 8410 Taganito Special Economic PHILIPPINE SINTER Zone, Taganito, Claver, C O R PORAT IO N Su rigao del Norte 8410 05 / 28/2019 TAGAN ITO HPAL 23F, O ledan Square 6788 NICKEL CORPORATION Ayala Ave. , Makati Cit y o~ /2 8 /2 019 Taganito Special Economic PH ILIPP INE SINTER Zone, Taganito, Claver, 05 / 31/ 20 19 CORPORATION Sur igao del Norte 8410 PHILIPPINE SINTER 23F, Oledan Square 6788 CORPORATION Ayala Ave., Makati City TAGAN ITO HPAL 23F, Oledan Square 6788 o6 / o2/2019 NICKEL CORPORATION Ayala Ave., Makati City Taganito Special Economic Zo ne, Taganito, Cl aver, Surigao del Norte 8410

CTA Case No. 10494 . Ph ilippine Mining Service Corporation v. Comm issioner of Intern al Revenue AMENDED DECISION X- - - -------- - - - - -- - --- - -- ----- - -- -- - ----- ----- -------- X P- 17-234 o6 / o3/ 2019 TAGANITO HPAL Taganito Spec ial Economic $ 44,275.00 2,312 ,04 0 .50 P- 17-235 o6/ o4 /2019 NICKEL CORPORATION Zone, Taganito, Claver, 2,062,342�35 P- 17-236 Surigao del Norte 84 10 s 44,85o.oo 2,)21,436.00 P- 17-237 PHILIPPINE SINTER 3,728,209 .14 P- 17-239 CORPORATION 23F, Oledan Sq uare 6788 $ 72,028.77 2,0 6 ) ,256 .o o P- 17-240 Ayala Ave., Makati City 1,696.434� 00 P- 17-241 TAGANITO HPAL Taganito Special Economic s 32,775�00 2,321,436 .o o P- 17-242 o6/ o6/ 2019 NICKEL CORPORAT ION Zone, Taganito, Claver, s 44,85o.oo 1,999 .4 52 �56 P- 17-243 Surigao del Norte 8410 2,071,42 2.08 P- 17-244 o6/ o6/2019 VISAYAS SLAKED LIME Taganito Special Economic s 44,85o.oo 2.335 ,78 8 .o o P- 17-245 o 6 / o 8 / 2 019 CORPORAT IO N Zone Brgy. Taganito, 3.736.542.70 P- 17-247 Claver, Surigao del Norte $ 71 ,898.07 2,0)2,739�16 P- 17-248 PH ILIPPINE SINTER 2,298.3 15.25 P- 17-250 CORPORATION 23F, Oledan Square 6788 $ 44 ,275 .00 2,327 ,266 .50 P- 17-251 A_yala Ave., Makati City 2.327, 266.50 P- 17-252 TAGAN!TO HPAL Taganito Special Economic s 44,85o.oo ) ,729.383 .87 o6/ o8 /2o19 NIC KEL CORPORATIO N Zone, Taganito, Claver, s 44,85o.oo P- 17-253 Surigao del Norte 8410 4 �439,287.5 0 P- 17-254 o6/ o9/2019 TAGA N!TO HPAL Taganito Special Economic $ 72,107.19 P- 17-255 o6 / 10/2019 NICKEL CORPORATION Zone, Taganito, Claver, 2,019,062 .6 8 P- 17-256 o6/ 11 /2019 Surigao del Norte 84 10 $ 86,250 .00 1,9 0 8 , 2 8 0 .83 P- 17-257 PHILIPPINE SI NTER 2,280,1 62.50 P- 17-38 CORPORATION 23 F, O ledan Square 6788 $ 44,275�00 1,6 8 7 .912 .5 0 P- 17-45 Ayala Ave ., Makati City $ 32,775 �00 2,604 ,484 .24 P- 17-46 PHILIPPINE SINTER 2,602 ,685 .52 P- 17-48 CORPORATION 23F, O ledan Square 6788 2,599 .555�68 P- 17-49 Ayala Ave., Makati City 2, 582,646.26 P- 17-50 TAGANITO HPAL Taganito Special Econom ic 2,589 .9 8 6 .52 o6/ n /2o19 NICKEL CORPORATION Zone , Taganito, Claver, 2,596.434 �9 6 Surigao del Norte 8410 o 6 /I 3/ 2 019 VISAYAS SLAKED LIME Taganito Special Economic o6 /I 6/2019 CORPORATION Zon e Brgy. Taganito, Claver, Surigao del Norte PHILIPPINE SINTER CORPORATION 23F, Oledan Sq uare 6788 Aya la Ave. , Makati City TAGAN!TO HPAL Taganito Special Economic o6/I7/2019 NICKEL CORPORATION Zone, Taganito, Claver, Surigao del Norte 8410 TAGANITO HPAL Taganito Special Economic o6/2o/201 9 NICKEL CORPORATION Zone, Taganito, Claver, Surig_ao del Norte 8410 TAGAN ITO HPAL Taganito Special Economic o6/2o/2o19 NICKEL CORPORATIO N Zo ne, Taganito, Ciaver, Su r igao del Norte 84 10 VISAYAS SLAKED LIME Taga nito Special Economic o6/21/2019 CORPORATION Zone Brgy. Tagan ito, Claver, Surigao del Norte o6/22/20 19 UN! CHAMP MINERAL Rio Tuba Export PHILIPP INES, INC. Processing Zone, Rio Tuba, o6/ 22/ 201 9 Bataraza , Palawan , o6/ 23 /201 9 PHILI PPINE SINTER Philippin es ~ 30 6 C O R P O R A T IO N 23F, O leda n Square 6788 PHILIPP INE SINTER Aya la Ave., Makati City CORPORATION 23F, O ledan Square 6788 TAGANITO HPAL Ayala Ave ., Makati City o6 /2 5/2019 NICKEL CORPO RATIO N Taganito Special Economic Zone Brgy. Taganito, o6/ 25/201 9 TAGANITO H PAL Claver, Surigao del Norte 04 / 06/2019 NICKEL CORPORATION Taganito Special Economic 05/07/2019 Zone Brgy. Taganito, os / o7/2019 PHI LIP PINE SINTER Claver, Surigao del Norte 05 / 11 / 2019 CORPORATI ON 05/1 6/2019 23F, O ledan Sq uare 6788 05 /21/2019 PHILIPPINE SINTER Ayala Ave., Makati City C O R P O R A T IO N 23F, Oledan Square 6788 PH ILIPPINE SINTER Aya la Ave., Makati City CORPORATION 23F, Ol edan Square 6788 PHILI PPI NE SINTER Ayala Ave ., Makati City CORPORATION PHILIPPINE SINTER 23F, O ledan Square 6788 C O R P O R A T IO N Aya la Ave., Makati City PHILIPP INE SINTER 23 F , O led a n Square 6788 CORPORATION Aya la Ave ., Makati City 23F, Oledan Square 6788 Ayala Ave., Makati City

CTA Case No. 10494 , Philippine Mining Service Corporation v. Comm issioner of Internal Revenue AMENDED DECISION x- -- --- -- --- - - - --- - - --- - -- -- - ---- - - -- -- ------- -- - - - --- x P- 17-51 05/ 25/2019 PH ILIPPINE SINTER 23F, Oledan Square 6788 2,634.575 �4 6 P- 17-55 o6 / o6/2o19 CORPORATION Ayala Ave., Makati City 2,589 .797 �0 8 P- 17-60 o6/I4 / 2019 PH ILIPP INE SINTER 2,551,530.24 P- 17-61 o6/I4 / 2019 CORPORATION 23F, O ledan Square 6788 2,646 ,728 .11 P- 17-62 o6/I4/2019 PH ILIPPINE SINTER Ayala Ave., Makati City 2,639�507�55 P- 17-63 o6/I8 / 2019 CORPORATION 2,568,8o6.76 P- n-64 o6/ 2o/ 2019 PH ILIPPINE SINTER 23F, O ledan Square 6788 205_0 ,524 �4 8 P- 17-65 o 6 /2 1/2 019 CORPORATION Aya la Ave., Makati City 2,555 �35 2. 8 0 P- 17-66 o6/ 26 /2019 PH ILIPPINE SINTER 2,572 ,659 �9 0 P- 17-203 04 /22 / 2019 C O R PORAT IO N 23F, O ledan Square 6788 P- 17-54 05 /31 / 2019 PHILIPP INE SINTER Ayala Ave., Makati City 868,249 �74 P- 17-232 05 /31/2019 CORPORATION (117,)03.26) PHILIPPINE SINTER 23F, O ledan Square 6788 P- 17-57 o6/ u /2o19 CORPORATION Ayala Ave., Makati City - PH ILIP PINE SINTER P- 17-58 o6/ 11 / 2019 C O R P O R A T IO N 23F, Oledan Square 6788 176,591.14 PH ILIP PINE SINTER Ayala Ave., Makati City P- 17-59 06/ 11 / 2019 CORPORATION 147.337�67 PH ILIPPINE SINTER 23F, Oledan Square 6788 P- 17-42 04 / 30/2019 CORPORATION Ayala Ave ., Makati City 85,794 .89 PH ILIPPINE SINTER P- 17-43 04 /30/ 2019 CORPORATION 23F, O ledan Square 6788 1,307,460.00 P- 17-230 os/ 31/ 2019 PH ILIPP INE SINTER Ayala Ave., Makati City CORPORATION 1,299,6 6 o .o o P- 17-70 o6/ 22 / 2019 PIONEER FLOAT GLASS 23F, Oledan Square 6788 $ 44 ,8so.oo 2,)43.861.00 P- 17-41 04 /24 /2019 MANUFACTURING, INC. Ayala Ave ., Makati City P- 17-71 o6/29/2019 1,291 ,950 .0 0 P- 17-72 o 6 / 3 o /2 o19 PIONEER FLOAT GLASS 23F, O ledan Square 6788 2,720 ,722 .0 0 MANUFACTURING , INC. Ayala Ave., Makati City 2,697.359�00 2,697.359�00 PIONEER FLOAT GLASS 23F, Oleda n Sq uare 6788 193.551,067�36 MANUFACTURING , INC. Ayala Ave. , Makati City 2,803,628.32 PIONEER FLOAT GLASS 23F, O ledan Square 6788 2,29 1,835 �00 MANUFACTURING , INC. Ayala Ave., Makati City 2,291,835�00 Asahi Special Economic PIONEER FLOAT GLASS Zone (ASEZ), 730 M.H. De l MANUFACTURING, INC. Pi lar, Brgy. Pinagbu hatan, Pasig City, Philippines 1602 TAGANITO HPAL Asa h i Spec ial Eco nomic NICKEL CORPORATION Zo ne (ASEZ) , 730 M.H . Del Pi lar , Brgy. Pinagbuhatan , PI ONEER FLOAT GLASS Pasig City, Phi lippi nes 1602 MANUFACTURING, INC. Asah i Special Eco nomic PH ILIPP INE SINTER Zone (ASEZ), 730 M.H . Del CORPORATION Pil ar, Brgy. Pinagbuhatan , PHILIPPINE SINTER Pasig City, Philippines 1602 CORPORATIO N Asahi Special Economic PHILIPP INE SINTER Zone (ASEZ) , 730 M.H. De l C O R P O R A T IO N Pi lar, Brgy. Pinagbuhatan, Pasig Ci ty, Philip pines 1602 Asahi Special Economic Zone (ASEZ) , 730 M.H. De l Pi lar, Brgy. Pinagbuhatan, Pasig City, Phi lipp in es 1602 Taganito Special Economic Zone, Taganito, Claver, Surigao del Norte 8410 Asahi Special Economic Zone (ASEZ), 730 M. H. Del Pilar, Brgy. Pinagbuhatan, Pasi_g City, Philippines 1602 23F, Oledan Square 6788 Ayala Ave., Makati City 23F, Oledan Sq ua re 6788 Aya la Ave., Makati City 23F, Oledan Square 6788 Ayala Ave ., Makati City Total Sales for Second Quarter Third quarter P- 17-260 VISAYASSLAKED LIME Taganito Special Economic $ 54.854 �79 07/ 03 / 2019 CORPORATION Zone Brgy. Taganito, Claver, Surigao del Norte s 44,85o.oo P- 17-261 TAGAN ITO HPAL Taganito Special Econo mi c s 44,85o.oo 07/ 05/2019 NICKEL CORPORATION Zon e, Taga nito , Claver, Surigao del Norte 8410 P- 17-262 TAGAN ITO HPAL Taganito Spec ial Econo m ic o7/ o5/2019 NICKEL CORPORATION Zone, Taganito, Claver, Su rigao del Norte 8410

CTA Case No. 10494 Ph ilippine Mining Service Corporation v . Commissioner of Internal Reven ue AMENDED DECISION x------- -- -- ------- --- ---- - - - - -- - - - -- ---- -- -- - - -- -- - --x P- 17-74 07/ 06/2019 PH ILIPPINE SINTER 23F, O ledan Square 6788 2,486,346 -46 P- 17-263 07/ 06/2019 COR PORATION Ayala Ave., Makati City 1,991,626.07 P- 17-264 07/ 06/2019 1,989,547 �4 9 P- 17-265 PH ILIPPINE SINTER 23F, O ledan Square 6788 2,265,109.00 P- 17-266 CORPORATION Ayala Ave., Makati City P- 17-267 2,294,526.oo P- 17-268 PH ILIPPINE SINTER 23F, Oledan Square 6788 1,993,636 �3 2 P- 17-269 CORPORATION Ayala Ave ., Makati City 1,992,595-80 P- 17-270 Taganito Special Economic 3,695 ,8 9 5 . o o P- 17-271 TAGAN ITO HPAL Zone, Taganito, Claver, s 44,275-00 1,682.)40�75 P- 17-272 07/ 07/2019 NICKEL CORPORATION Surigao del Norte 8410 s 44,85o.oo 1,900,782.72 P- 17-273 Taganito Special Econom ic 1,888, 124 .1 6 P- 17-274 07/ 07/2019 TAGAN ITO HPAL Zon e, Taganito, Claver, s 72,002.63 P- 17-275 07/ 08/ 2019 NICKEL CORPORATION Surigao del Norte 8410 s 32�775-00 2,299,011.00 P- 17-276 07/ 08/ 2019 P- 17-277 PHILIPP INE SINTER 23F, O ledan Square 6788 s 44,85o.oo 2,294 ,526.oo P- 17-278 CORPORATION Ayala Ave., Makat i City s 44,85o.oo 1,889,778.oo s 71,950�35 P- 17-279 PHILIPPINE SINTER 23F, O ledan Square 6788 s 44,275-00 3,665, 150.83 P- 17-280 CORPORATION Aya la Ave., Makat i City 1,871,517-48 P- 17-281 Taganito Special Economic s 74.750.00 2,2'j9,j'jj.2'j P- 17-282 VISAYASSLAKED LIME Zo ne Brgy. Taga nito, P- 17-283 07/09/2019 CORPORATION Claver, Surigao del Nort e ,,814,492.<;0 P- 17-284 Taganito Special Economic 1,870,930.86 P- 17-285 07/ 10/ 2019 TAGANITO HPAL Zone, Taganito, Claver, 2,028,826 .72 P- 17-77 07/ ll / 2019 NICKEL CORPORATION Surigao del Norte 8410 1,869,109 .76 P- 17-287 07/ ll/2019 1.404,885.60 P- 17-289 PH ILIPPINE SINTER 23F, Oledan Square 6788 CORPORATION Ayala Ave., Makat i City 6og,687.oo j ,68g,414-76 PHILIP PINE SINTER 23F, Oledan Square 6788 2,265,109 .00 CORPORATION Ayala Ave., Makati City 2,66o,576 .oo Taganito Special Econom ic 1,6g8,103 .70 TAGANITO HPAL Zone, Taganito, Claver, 07/12/ 2019 NICKE L CORPORATION Surigao del Norte 8410 3.738,293�16 Taganito Special Econom ic 07/14 / 2019 TAGAN ITO HPAL Zone, Taganito, Claver, 07/15/2019 NICKEL CORPORATION Surigao del Norte 8410 PHI LI PPINE SINTER 23F, Oledan Square 6788 CORPORAT IO N Ayala Ave ., Makati City Taganito Special Economic 07/17/ 2019 VISAYAS SLAKED LIME Zone Brgy. Taganito, 07/18/2019 CORPORATION Claver, Surigao del Norte PHILIPPINE SINTER 23F, O ledan Square 6788 COR PORAT IO N Ayala Ave., Makati City Taganito Special Economic TAGANITO HPAL Zone, Taganito, Claver, 07/19/2019 NICKEL CORPORATION Surigao del Norte 8410 Rio Tu ba Export 07/19/2019 CORAL BAY NICKEL Processing Zone, Rio Tuba, 07/ 20 /2019 CORPORATION Bataraza, Palawan, 07/20/ 2019 PH ILI PPI NE SINTER Philippines 5306 07/24/2019 CORPORATION 23F, O ledan Square 6788 PH ILIPP INE SINTER Ayala Ave., Makat i City CORPORAT IO N 23F, Oledan Square 6788 PHILIPP INE SINTER Ayala Ave., Makati City CORPORATION 23F, Oledan Square 6788 Ayala Ave., Makati City PHILIPPINE SI NTER 23F, Oledan Square 6788 07 /25 / 2019 CORPORATION Ayala Ave ., Makati City Taganito Special Economic VISAYAS SLAKE D LIME Zon e Brgy. Taganito, s 72,002.63 07/ 2<;/ 2019 CORPORATION Claver, Surigao del Norte s 44,275-00 Taganito Special Economic 07/28/2019 TAGANITO HPAL Zone, Tagan ito, Claver, s 71 ,989 .56 07/31 /2019 NICKEL CORPORAT ION Su rigao del Norte 8410 s 72,028.77 PH ILIPPINE SINTE R 23F, O ledan Square 6788 CORPORATION Aya la Ave., Makat i City Taganito Spec ial Economic VISAYAS SLAKED LIME Zone Brgy. Taganito, o8/o4/2019 CORPORATION Claver, Su rigao del Norte Tagan ito Special Econom ic VISAYASSLAKED LI ME Zon e Brgy. Taga nito, o8 /10/2019 CORPORATION Claver, Surigao de l Norte

CTA Case No. 10494 Ph ilippine Mining Service Corporation v. Comm issioner of Internal Reven ue AMENDED DECISION x---- - --- ----- - --- - -- -------- - - -- ------ ---- ---- -- -- -- - x P- 17-290 PHILIPPINE SINTER 23F, O ledan Square 6788 1,895,)20.00 o8/ n / 2019 CORPORATION Ayala Ave., Makati City P- 17-291 Rio Tuba Export 4 �4 7 6 ,375 �0 0 P- 17-292 UNICHAMP MINERAL Processing Zone, Rio Tuba , s 86,25o.oo 2,517,6 6 9 .0 0 P- 17-293 o8/1 2/2019 PH ILIPPINES, INC. Bataraza, Palawan, 1, 95 8.44 o .oo P- 17-294 Ph il ipp ines 5306 S 48,510.00 3.778 ,663 �78 P- 17-296 o8/ 12/2019 TAGANITO HPAL Taganito Special Econom ic 2,055,126-42 P- 17-297 o8 /1 6/2019 NICKEL CORPORATION Zone, Taganito, Claver, s 72,015.70 2, ) 47,0 0 0 .50 P- 17-88 Surigao del Norte 8410 2,610 ,520 .6 5 P- 17-298 PH ILIPPINE SINTER $ 44.850.00 2,073 ,630 .65 P- 17-3 00 CORPORATION 23F, Oledan Square 6788 J , 7 6 0 , I61.6J P- 17-301 Ayala Ave., Makati City s 71,937�28 1,9 0 9 ,131.64 P- 17-302 o8/ 18/ 2019 VISA YAS SLAKED LIME Taganito Special Economic 2,)08,055�75 P- 17-303 o8/24 /2019 CORPORATION Zone Brgy. Taga nito , $ 44 ,275 �00 2 , J J 8 , 0 J 0 .5_0 P- 17-304 Claver, Surigao del Norte 2,036 ,817 .09 PHILIPPINE SINTER s 44,85o.oo P- 17-305 CORPORATION 23F, Oledan Square 6788 3,g o 6 .435 .00 P- 17-306 Aya la Ave., Makati City $ 74.750.00 3,76o,8o8.33 P- 17-307 o8/24 /2019 TAGANITO HPAL Taganito Special Economic $ 71,963-42 2,)38,030.50 P- 17-309 o8/ 27/ 2019 NICKEL CORPORATIO N Zone, Taganito, Claver, 2,330.4o6 .oo P- 17-310 o8/27/ 2019 Surigao del Norte 8410 s 44,8so.oo 2,330.406.oo P- 17-311 PHILIPPI NE SINTER s 44,85o.oo 1,699,o56.oo P- 17-313 CORPORATION 23F, O ledan Square 6788 3,7 7 o , 6 6 9 .91 Ayala Ave., Makati City s 44,8so.oo P- 17-314 PH ILIPP INE SINTER s 32,775�00 4.497,075�00 P- 17-315 C O R P O R A T IO N 23F, Oledan Square 6788 $ 72,041.84 2,562,159�60 P- 17-318 Ayala Ave ., Makati City 3.75o,128.J1 P- 17-316 o8/29 /2019 VISAYAS SLAKED LIME Taganito Special Economic s 86,25o.oo 2,025,694 �83 o 8 / 3o / 2019 CORPORATION Zone Brgy. Taganito, Cl aver, Surigao del Norte $ 49,140.00 PHILIPPI NE SINTER $ 71,924.21 CORPORATION 23F, O ledan Square 6788 Aya la Ave., Makati City TAGANITO HPAL Taganito Special Economic 09/ 01/2019 NICKEL CORPORATION Zone, Taganito, Claver, Surigao del Norte 8410 og / 01 / 2019 TAGANITO HPAL Taganito Special Economic 09 / 02/ 2019 NICKEL CORPORATION Zone, Taganito, Claver, Surigao del Norte 8410 PH ILIPPINE SINTER CORPORATION 23F, Oledan Square 6788 Ayal a Ave., Makati City CORAL BAY NICKEL Rio Tuba Export 09/04/2019 CORPORATION Processing Zone, Rio Tuba, Bataraza , Palawan , VISAYAS SLAKED LIME Philip pines 5306 09/ 04 / 2019 CORPORAT ION Taganito Special Economic Zone Brgy. Tagan ito, TAGANITO HPAL Claver, Surigao del Norte 09 / os / 2019 NICKEL CORPORATION Taganito Special Economic Zone, Taganito, Claver, TAGANITO HPAL Surigao del Norte 8410 09/ 09/ 2019 NICKEL CORPORATION Taganito Special Economic Zone, Taganito, Claver, TAGANITO HPAL Surigao del Norte 8410 09 / 09/2019 NICKE L CORPORATION Taganito Special Economic Zone, Taganito , Claver, TAGAN ITO HPAL Surigao del Norte 8410 09 / 10/ 2019 NICKEL CORPORATION Taganito Special Economic Zone, Taganito, Claver, VISAYAS SLAKED LIME Surigao del Norte 8410 09 / 18/ 2019 CORPORATION Taganito Special Economic Zone Brgy. Taganito, UNICHAMP MINERAL Claver, Surigao de l Norte 09 / 21 / 2019 PHILIPPINES, INC. Rio Tu ba Export Processing Zo ne, Rio Tuba , TAGAN ITO HPAL Bataraza, Palawan, 09/ 22 /2019 NICKE L CORPORATION Philippines 5306 Taganito Special Economic 0 9 / 2 3/ 2 019 VISAYASSLA KED LIME Zone, Taganito, Claver, 09/24/2019 C O R P O R A T IO N Sur igao de l Norte 8410 Taganito Special Economic PHILIPPINE SINTER Zon e Brgy. Tagan ito, CORPORAT IO N Claver, Surigao del Norte 23F, O ledan Sq uare 6788 Ayala Ave ., Makati City

CTA Case No. 10494 Philippine Mining Service Corporation v. Commissioner of Internal Reve nue AMENDED DECISION X- --- -- - - ---- ---- - - -- ------ - - --- ----- -- - - - -- -- - - - -- --- X P- 17-3 17 09 /2 ~/2019 PHILIP PINE SINTER 23F, Oledan Square 6788 2,032,810 .8 0 CORPORATION Ayala Ave., Makati City 2,313,811 .50 P- 17-319 09/26/ 2019 Taganito Special Economic $ 44,275�00 3.741 ,575�56 TAGANITO HPAL Zone, Taganito, Claver, $ 71,898.07 2,333�994� 00 P- 17-320 09 /29/ 2019 NICKEL CORPORATION Su rigao del Norte 8410 2,)33.994 �00 Taganito Special Economic s 44,85o.oo 2,491 ,9 8 2 .8 8 P- 17-321 09/ 30/ 2019 VISAYAS SLAKED LIME Zone Brgy. Taganito, C O R P O R A T IO N Claver, Surigao del Norte s 44,85o.oo 2 , ~32,~62 . 20 P- 17-122 09 /3 0/ 2019 Taganito Special Economic TAGAN!TO HPAL Zone, Taganito, Claver, 2,614 ,310 .8 8 P- 17-73 07/ 04/2019 NICKEL CORPORATION Su rigao del Norte 8410 2,637,652.60 Taganito Special Economic 2,578 ,6 8 5.31 P- 17-80 o8/ o5/ 2019 TAGAN!TO HPAL Zone, Taganito, Claver, 2,592 ,095 �01 NICKEL CORPORATION Surigao del Norte 8410 P- 17-82 o8/ 2o/ 2019 PHILIP PINE SINTER 8 ,590 .50 C O R P O R A T IO N 23F, Oledan Square 6788 10 ,237�88 P- 17-92 09 / 13/ 2019 PH ILIPPINE SINTER Ayala Ave., Makati City 10 ,8 8 9 .0 6 CORPORATION 10,751.06 P- 17-94 09/ 2">,/ 201 9 PH ILIPPINE SINTER 23F, Oleda n Square 6788 (124,174 �40) C O R P O R A T IO N Ayala Ave., Makati City (99,145� 13) P- 17-9 5 09/23 / 2019 PHILIPPINE SINTER (172 ,984�43) CORPORATION 23F, O ledan Square 6788 (539, 272.86) P- 17-365 07/2 0/2019 PH ILIPPINE SINTER Ayala Ave., Makati City C O R P O R A T IO N (709 �54) P- 17-366 o8/ o7/2019 PHILIPPINE SINTER 23F, O ledan Square 6788 CORPORATIO N Ayala Ave ., Makati City 1,299,6 6 o .o o P- 17-367 o8 / o7/ 2019 PEBA TANDEM & 23F, Oledan Square 6788 1,212 ,000 .00 P- 17-368 09/18 /2019 MANUFACTURING , INC. Ayala Ave ., Makati City 172 , )51,722.68 P- 17-78 07/31/2019 PEBA TANDEM & 23F, O ledan Sq uare 6788 MANUFACTURING , INC. Ayala Ave., Makati City 2,034 .678 .98 P- 17-79 07 /3 1/ 2019 St. No. 2 Crescent Road, 2,325 ,9 21.00 PEBA TANDEM & Cebu Light Industrial Park, P- 17-89 o8/31 /2019 MANUFACTURING , INC. Basak, Lapu-Lapu City 3,883 ,262 .50 St. No. 2 Crescent Road , P- 19-48 09 /16 /2019 PEBA TAN DEM & Cebu Light Industrial Park , MANUFACTURING, INC. Basak, Lapu-Lapu City P- 17-121 og h o/2019 PH ILIPPINE SINTER St. No. 2 Crescent Road , CORPORAT ION Cebu Light Industr ial Park, P- 17-83 o8/2o/ 2019 PHILIPPINE SINTER Basak, Lapu-LapuCity CORPORATION St. No. 2 Crescent Road, P- 17-93 09 /13/2019 PH ILIPPINE SINTER Cebu Light Industri al Park, CORPORATION Basa k, Lapu - LapuCity PHILIPPINE SINTER CORPORATION 23F, O ledan Square 6788 PHILIPPINE SINTER Aya la Ave., Makati City CORPORATIO N 23F, Oledan Sq uare 6788 PIONEER FLOAT GLASS Ayala Ave., Makati City MANUFACTURING , INC. 23F, Oledan Square 6788 PIONEER FLOAT GLASS Ayala Ave., Makati City MANUFACTURING , INC. 23F, Oledan Square 6788 PH ILIPPINE SINTER Ayal a Ave., Makati City CORPORATION 23F, Ol eda n Square 6788 TAGANITO HPAL Ayala Ave., Makati City NICKEL CORPORAT!ON Asahi Specia l Economic Zone (ASEZ), 730 M.H . Del CORAL BAY NICKE L Pilar, Brgy. Pinagbu hatan , CORPORATION Pasig City, Philipp ines 1602 Asahi Special Economic Zo ne (ASEZ), 730 M.H. Del Pilar, Brgy. Pinagbuhatan, Pasig Ci ty, Phi lipp ines 1602 Tot a l Sa les for Th ird Q uarter Fourth quarter 23 F, Ol eda n Square 6788 P- 17-324 10/ 01 / 2019 Ayala Ave., Makati City Taganito Special Ec ono m ic P- 17- 325 10/ 02 /201 9 Zone, Taganito, Claver, $ 44.8)0.00 Surigao del Norte 8410 $ 74.750.00 P- 17-326 10/ 04/2019 Rio Tuba Export Processing Zone, Rio Tuba, Bataraza, Palawan, Ph ilippines 5306

CTA Case No. 10494 Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION X-----------------------------------------------------X P- 17-327 10/ 0) / 2019 TAGANITO HPAL Taganito Special Economic $ 44,275.00 2,289,460 .25 P- 17-329 10/07/2019 NICKEL CORPORATION Zone, Taganito, Claver, $ 71,976-49 3,721,904.30 P- 17-330 10/ 08/ 2019 Su rigao del Norte 8410 s 44,85o.oo 2,325,921.00 P- 17:)32 10/!8/ 2019 VISAYAS SLAKED LIME Taganito Special Economic $ 71,950�35 3,704,723.52 P- 17-333 10 /I 8/2o19 CORPORATION Zone Brgy. Taganito, $ 44./3.20.00 2IJ09,J26. 50 Claver, Surigao del Norte $ 86,250,00 P- 17-334 10/! 9/2019 TAGAN ITO HPAL Taganito Special Economic $ 44,850.00 4.428,075 �00 P- 17-335 10/ 22/ 2019 NIC KEL CORPORATION Zone, Taganito, Claver, $ 71.924.21 2,295.423.00 P- 17-336 10/23/ 2019 Surigao del Norte 8410 $ 44.850.00 3.678.923�34 P- 17-338 10/26/2019 VISAYAS SLAKED LIME Taganito Special Economic $ 44,85o.oo 2,299,0ll.OO P- 17-339 10 / 27 / 2019 CORPORATION Zone Brgy. Taganito, 2,299,0ll.OO Claver, Surigao del Norte $ 44,27).00 P- 17-104 10 / 3 0 / 2 019 TAGAN ITO HPAL Taganito Special Economic s 44,85o.oo 1,044,228.21 P- 17-340 10/30/ 2019 NIC KEL CORPORATION Zone, Taganito, Claver, $ 71,937�28 2,259,796 .oo P- 17-341 10 / 31/2019 Surigao del Norte 8410 $ 44.8)0.00 2,288,695�50 P- 17-342 n / 04/ 2019 UNICHAMP MINERAL Rio Tuba Export s 44,85o.oo ,,652,255.71 P- 17-346 n / o5 / 2o19 PHILIPPINES, INC. Processing Zone, Rio Tuba, $ 44,275.00 2,264,92).00 P- 17-344 ll / 09 / 2019 Bataraza, Palawan, 2,264.476.50 P- 17-345 ll / 09/2019 TAGANITO HPAL Philippines 5306 $ 72,002.63 2,235.444�75 P- 17-108 NICKE L CORPORATION Taganito Special Economic 2,518,429-40 P- 17-347 ll / ll / 2019 Zone, Taganito, Claver, $ 71,963-42 3,635.412.79 P- 17-349 ll / ll/2019 VISAYAS SLAKED LI ME Surigao del Norte 8410 s 44,85o.oo 2,005,043-45 P- 17-350 ll / 20/2019 CORPORATION Taganito Special Economic 3,655.741.74 P- 17-351 ll /20/2019 Zon e Brgy. Taganito, 2,277.483 .00 11/24/2019 TAGANITO HPAL Claver, Surigao del Norte P- 17-llO NIC KEL CORPORATION Taganito Special Economic 1, 2 ) 8 , ) 3 0 .00 P- 17-352 ll / 2)/2019 Zone, Taganito, Claver, 1,974.847-44 ll / 25 / 2019 TAGANITO HPAL Surigao del Norte 8410 NIC KEL CORPORATION Taganito Special Economic Zo ne, Taganito, Claver, PI ONEER FLOAT GLASS Surigao del Norte 8410 MANUFACTURING , INC. Asahi Special Ec onomic Zo ne (ASEZ), 730 M.H. Del TAGANITO HPAL Pilar, Brgy. Pinagbuhatan , NIC KEL CORPORATION Pasig City, Ph ili ppines 1602 Taganito Special Economic TAGANITO HPAL Zone, Taganito, Claver, NICKEL CORPORATION Surigao del Norte 8410 Taganito Special Economic VISAYAS SLAKED LIME Zone, Taganito, Claver, CORPORATION Surigao del Norte 8410 Taganito Special Economic TAGANITO HPAL Zone Brgy. Taganito, NICKEL CORPORATION Claver, Surigao del Norte Taganito Special Economic TAGANITO HPAL Zo ne, Taganito, Claver, NI CKEL CORPORATION Surigao del Norte 8410 Taganito Special Economic TAGANITO HPAL Zone, Taganito, Claver, NICKEL CORPORATION Surigao d el Norte 8410 PHILIPPINE SINTER Taganito Special Economic CORPORATION Zone, Taganito, Claver, Surigao del Norte 8410 VISAYASSLAKED LIME CORPORATION 23F, Oledan Square 6788 PHILIPPINE SINTER Aya la Ave., Makati City CORPORATIO N Taganito Special Economic Zone Brgy. Taganito, VISAYASSLAKED LI ME Claver, Surigao del Norte CORPORATION 23F, Oledan Square 6788 TAGANITO HPAL Ayala Ave ., Makati City NICKEL CORPORATION Taganito Special Economic Zone Brgy. Taganito, PIONEER FLOAT GLASS Claver, Surigao del Norte MANUFACTU RIN G, INC. Taganito Special Economic PHILIPPINE SINTER Zone, Taganito, Claver, CORPORATION Surigao del Norte 8410 Asahi Special Economic Zone (ASEZ}, 730 M.H . Del Pila r, Brgy. Pinagbuhatan, Pasig City, Philippines 1602 23F, Oledan Square 6788 Ayala Ave., Makati City

CTA Case No. 10494 Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x--- ------ --- ------- ---- -------------- ----------------x P- 17->~> UNICHAMP MINERAL Rio Tuba Export $ 86,250.00 4�379�775�00 P- 17-354 n /26/2019 PHILIPPINES, INC. Processing Zone, Rio Tuba, s 44,85o.oo 2,278,380.00 P- 1?-'355 Bataraza, Palawan, $ 71,917.28 1,6s8,7w.o6 P- 17-356 TAGANITO HPAL Philippines 5306 s 44,275.00 2,249, 170 .0 0 P- 17-357 ll /28/2019 NICKEL CORPORATION Taganito Special Economic 1, 9 8 7 , ) 6 0 .20 P- 17-358 Zone, Taganito, Claver, $ 71,9l1.14 2,042,767.65 P- 17-359 VISAYAS SLAKED LIME Surigao del Norte 8410 $ 71,9ll. 14 3,650,928.58 P- 17-360 n /28/2019 CORPORATIO N Taganito Special Economic 3.636.546.35 P- 17-361 Zone Brgy. Taganito, 1,844 ,137�68 P- 17-162 ll /29/2019 TAGANITO HPAL Claver, Surigao del Norte 1,8 76,6 17 . 6 0 12/os/2019 NICKEL CORPORATION Taganito Special Economic P- 17-120 12/09/ 2019 Zone, Taganito, Claver, 1,347.776.00 PHILIPPINE SINTER Surigao del Norte 8410 P- 17-ll3 CORPORATION 1,266,330.00 P- 17-H6 23F, Oledan Square 6788 2,5 12,97 5. 8 0 P- 17-121 PHILIPPINE SINTER Ayala Ave., Makati City z,646,546.oo P- 17-371 CORPORATIO N 23F, Oledan Sq uare 6788 n,156.44 P- 17-97 VISAYAS SLAKED LIME Ayala Ave., Makati City 12/09/2019 CORPORATION Taganito Special Economic 131,300.88 P- 17-102 Zone Brgy. Taganito, 12/16 / 2 019 VISAYAS SLAKED LIME Claver, Surigao del Norte 2�9.379�56 P- 17-103 12/20/2019 CORPORATION Taganito Special Economic P- 17-122 12/ 21 / 2015)_ Zone Brgy. Taganito, (6),217.88) P- 17-ll4 PHILIPPINE SINTER Claver, Surigao del Norte (164,165.74) CORPORATION 2,652.463 .00 23F, Oledan Square 6788 109,o8s,7o8.o6 PHILIPPINE SINTER Aya la Ave., Makati City 640,179�990 ,07 CORPORATION 23F, Oledan Square 6788 PIONEER FLOAT GLASS Aya la Ave., Makati City 12/27/ 2019 MANUFACTURING , INC. Asa hi Special Economic Zone (ASEZ), 730 M.H. Del n/28/2019 PIONEER FLOAT GLASS Pilar, Brgy. Pinagbuhatan, 12/ !j/2019 MANUFACTURIN G, INC. Pasig City, Philippines 1602 12/31/ 2019 Asahi Special Economic PHILIPPINE SINTER Zone (ASEZ), 730 M.H. Del CORPORATION Pilar, Brgy. Pinagbuhatan , Pasig City, Philippines 1602 PHILIPPINE SINTER CORPORATION 23F, Oledan Square 6788 Ayala Ave., Makati City 10/28/2019 PEBA TANDEM & MANUFACTURING, INC. 23F, Oledan Square 6788 PIONEER FLOAT GLASS Ayala Ave., Makati City MANUFACTURING , INC. St. No. 2 Crescent Road , Cebu Light Industrial Park, 10/10/2019 Basak, Lapu-Lapu City Asah i Special Economic PIONEER FLOAT GLASS Zone (ASEZ), 730 M.H. Del MANUFACTURING, INC. Pilar, Brgy. Pinagbuhatan, Pasig City, Philippines 1602 10/ 28/2019 Asahi Specia l Economic Zone (ASEZ), 730 M.H. Del PIONEER FLOAT GLASS Pilar, Brgy. Pinagbuhatan, MANUFACTURING, INC. Pasig City, Philippines 1602 Asahi Special Economic 10/28/2019 PHILIPPINE SINTER Zo ne (ASEZ), 730 M.H. Del 12/ 27/ 2019 CORPORATIO N Pilar, Brgy. Pinagbuhatan, ll/28/2019 Pasig City, Philippines 1602 PHILIPPINE SINTER CORPORATION 23F, Oledan Square 6788 Ayala Ave ., Makati City 23F, Oledan Square 6788 Aya la Ave., Makati City Total Sales for Fourth Quarter Total valid zero-rated sales made to P EZA-registered entities for CY 2019 With the foregoing, petitiOner also complied with the second t essential element. Thus, its valid zero-rated sales rendered to PEZA- registered entities for CY 2019 is P64D,179�99o.o7.

CTA Case No. 10494 Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION x------------------- -- --------------------------------x To recapitulate, out of the total zero-rated sales for CY 2019 amounting to PI,278,436,846.23, only the amount of PI,26I,489,713.63 represents petitioner's valid zero-rated sales for the same period, to wit: Total zero-rated sales for CY 2019 1,278>436,846.23 Less: 3>426,769�73 Direct sales without remittance Direct sales with bill of lading not in 2,931,187 �50 customer's name which is not properly 10,568,156.25 substantiated Direct sales with customer who is not 21,019.12 (16,947,132 .60) the remitter 1,26I,489,713�63 Zero-Rated Sales made to PEZA and BOI registered entities not supported with original PEZA or BOI certifications Total valid zero-rated sales for CY 2019 Using the valid zero-rated sales for CY 2019, the proper computation for the VAT refund will be as follows: Declared Input VAT allocated to Declared Zero-Rated Sales Pn4,136,o62.95 Less: Output VAT Still Due 9,363,946-46 Excess and Unutilized Input VAT attributable to Declared Zero-Rated Sales Less: Unsubstantiated or Invalid Input VAT P1o4,772,n6.so Substantiated or Valid Input VAT deemed attributable to Zero-Rated Sales 8,809,054.61 Divided by Declared Zero-Rated Sales for CY 2019 Multiplied by Valid Zero-Rated Sales for CY 2019 r 95,963,o61.s9 Refundable Excess and Unutilized Input VAT Attributable to Valid Zero-Rated Sales 1,278>436,846.23 1,261>489, 713.63 P94,69o,962.50 Having thus established that there is a refundable excess input VAT attributable to valid zero-rated sales in the amount of Pg4,6go,g62.50, which is well within the input VAT claim of f>Io4,888,177�67 that remained unutilized until the same was deducted as part of the "VAT Refund/TCC Claimed" in petitioner's Amended Quarterly VAT Return for the 2nd Quarter of CY 20203\ it has sufficiently t proven its entitlement to a refund or iss_uance of a Tax Credit Certificate (TCC) in the said amount for CY 2019. 31 Exhibit "P-I 0-26", USB .

CTA Case No. 10494 _,. Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION X- - -------------- - ---- - ---- - ------ -- -- - ------------- --X It is well-established that claims for tax refund, like tax exemptions, are construed strictissimi juris against the taxpayer. However, when the claim for refund has a clear legal basis and is sufficiently supported by evidence, as in the present case, then the Court shall not hesitate to grant the refundY WHEREFORE, premises considered, petitiOner Philippine Mining Service Corporation's "Motion for Partial Reconsideration (of the Decision dated o8 July 2024)" is hereby PARTIALLY GRANTED, while respondent Commissioner of Internal Revenue's "Motion for Partial Reconsideration (Re: Decision promulgated [o]8 July 2024)" is hereby DENIED for lack of merit. ACCORDINGLY, respondent Commissioner of Internal Revenue 1s ORDERED TO REFUND or TO ISSUE A TAX CREDIT CERTIFICATE in the amount of NINETY-FOUR MILLION SIX HUNDRED NINETY THOUSAND NINE HUNDRED SIXTY-TWO PESOS and so/too (Pg4,6go,g62.5o), representing its unutilized excess input Value-Added Tax for the four (4) taxable quarters of CY 2019 which is attributable to its zero-rated sales for the same period. SO ORDERED. ~ A. BACORRO-VILLENA sociate Justice I CONCUR: /mM1!hii-- LANEES. CUI-DAVID Associate Justice 32 See Chevron Holdings, Inc. (Formerly Caltex Asia Lim ited) v. Comm issioner of Internal Revenue, G.R. No . 2 15159, 05 July 2022; citing San Roque Power Corporation v. Comm issioner ofInternal Revenue, G.R. No. 180345, 25 November 2009; Com missioner of Internal Revenue v. Philippine Air Lines, Inc., G.R. No . 180043 , 14 July 2009.

CTA Case No. 10494 _ Philippine Mining Service Corporation v. Commissioner of Internal Revenue AMENDED DECISION X---- - ----------------------- - -------------- - ---------X ATTESTATION I attest that the conclusions in the above Amended Decision were reached in consultation before the case was assigned to the writer of the opinion of the Court's Division. 0~0-VILLENA ciate Justice Special 2nd 1vision Acting Chairperson CERTIFICATION Pursuant to Article VIII, Section 13 of the Constitution, and the Special 2nd Division Acting Chairperson's Attestation, it is hereby certified that the conclusions in the above Amended Decision were reached in consultation before the case was assigned to the writer of the opinion of the Court's Division. Presiding Justice