BIR Ruling No. 479-2017

BUREAU OF INTERNAL REVENUE REPUBLIC O. THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City

LIPPH Certificate of Tax Exemption No:

CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN:

the Community Initiative Approach Program (CIAP). to wit: (NHtA). is exenpt from project-related income taxes. creditabie withholding tax. and value added tax (VAT). pursuant"to Section 20 (d) (I) and (3) of Republic Act (RA) No. 7279. otherwisc known as the "Urban IDevelopment and Housing Act of 1992". on its income received directly in connection with the acquisition of land"development and/or completed housing units by thc NHA in the implementation of the housing program for Informat Settlers Families (ISF's) and other beneficiaries under the NHA's Socialized Housing Program through COMPANY (TIN: This certifics thal J.C. UYECIO CONSTRUCTION AND DEVELOPMENT ). an entity engaged by the National Housing Authority

Resettiement Project Bulacan-Angat Project Name Hcights I Brgy. Cacarong. Matandu. Pandi. Location Bulacan No. of Socialized Housing Lnits Subject of Tax Exemption L.94 Resettlement Project tlomeos ners Bulucan-Angat Heights I1 Association. Ine. Beneficiaries

Development Company shail be subject to VA'l. even if the said purchases are to be used for the socialized housing project. since VAT is an indirect tax which can he passed on by the seller of the goods/services." It shall be understood that J.C. Hyecio Construction and Development Company must issue VAT-exempt official reccipts on its gross receipts from the said socialized housing project. However. the purchases of goods/articles by J.C. Uyecio Construction and

the Register of'Deeds having jurisdiction over the properties, to the effect that the same are to be applied or are being applied to a socialized housing project pursuant to RA 7279. Upon application for exemption. a lien on the titles of the lands shall be annotated by

this Certificate shall be considered null and void. submitted. However. if upon investigation. the BIR ascertains that the facts are different. then This C'TE is being issued on the basis of the facts and documents as represcnted and

Issued this day of OCT :8 2017

LK-I-I.MAT Commissioner of Internal Revenue CAESAR R. DULAY 009926

: Please see Annex "A" for the list of hencficiaries consisting of 82 pages. :Developed and constructed on the parcels of tand covered by TC f Nos. 129.115 sq. m. Y.I D Itormerly TCT No D. with an aggregate area ot