BIR Ruling No. 524-2020

BUREAU OF INTERNAL REVENUE REPUBLICOF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

Certificate of Tax Exemption No: NSH-0524-220

CERTIFICATE OF TAX EXEMPTON

TO ALL WHOM IT MAY CONCERN:

-project-related income taxes, creditable withholding tax and value added tax (VAT), pursuant to Section in danger areas, to wit: 20 (d)(1) and (3) of Republic Act No. 7279, as amended by RA No. 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016, on its income received directly in connection with the construction/development of socialized housing units under the NHA's Socialized Housing Program, intended for the relocation and resettlement of Informal Settler Families (ISFs) living TIN: This certifies that DUMDUMA CONSTRUCTION.AND TRADING CORPORATION an entity engaged by the National Housing Authority (NHA), is exempt from

Notice of Date of Award Agreement Contract Date of Contract Price (Php) Project Name Location Housing Units subject of tax Socialized No. of

March 9,2017 May 22, 20172 May 19,20171 and Land Development Fourteen (14) -- Three Residential Buildings Site 4, Package 14 Construction of Storey Low Rise Brgy. Bignay, Valenzuela City exemption

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

authority to concerned Register of Deeds to effect transfer of the land titles in the name of the buyer without the necessary Certificate Authorizing Registration (CAR) issued by this Bureau. In this regard, It is, however, understood that this CTE is never intended, and shall not be construed, as giving

2 Date Acknowledged by NHA. 1 Date Acknowledged by Dumduma Construction and Trading Corporation. 3The original contract price amounting to per Contract Agreement dated May 22,

2017 was adjusted to for additional works covered by Variation Order No.1 issued

by the National Housing Authority dated June 11, 2018, which contract price was again adjusted to

per Variation Order No.2 dated February 4,2019 which contract price was again adjusted to final project cost amounting to per Variation Order No.3 dated April

15,2019. 4Certificate of Tax Exemption was previously issued under BIR Ruling No.171-2018 dated February

15,2018. SThe numoer of units was not affected by the three (3) Variation Orders.

Dumduma Construction and Trading Corporation Page 2 of 2 CTE No.Nlt0522020 Date issued SEP f 5 2020

this CTE shall be presented to the Revenue District Office (RDO) concerned in order for the latter to issue the CAR.

represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. This Certificate of Tax Exemption is being issued on the basis of the facts and documents as Issued this I. day of SEP 15 JL

K-1-JAC Commissioner of Internal Revenue eea,ao CAESAR R. DULAY 036703