BIR Ruling No. 279-2017

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

Certificate of Tax Exemption No:

CERTIFICATE OF TAX EXEMPTION

TO ALL WHOM IT MAY CONCERN:

to Section 20 (d)(1) and (3) of Republic Act No. 7279, on their income received directly in BUILDERS, INC., entities engaged by the Quezon City Government, are exempt from project-related income taxes, value added tax (VAT) and creditable withholding tax pursuant connection with the Quezon City Government's Socialized Housing Program (On-Site), to wit: This certifies that ARV CONSTRUCTION & SUPPLY,INC. and COMPACT

Project Name Bistekville-8 COMPACT INC. ARV CONSTRUCTION & SUPPLY,INC Developer BUILDERS 105 walk-up Land Development units of three-storey Kind of Development condominium Brgy. Quezon City Location Bagbag.

non-VAT official receipts on its gross receipts from the said socialized housing project. INC. AND COMPACT BUILDERS,INC., shall be subject to VAT, even if the said purchases are to be used for 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 ARV CONSTRUCTION & SUPPLY,INC. AND COMPACT BUILDERS,INC., must issue However, the purchases of goods/articles by ARV CONSTRUCTION & SUPPLY

documents as 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

Issued this day of_sJUN 0 8 2017

1am

Commissioner of Internal Revenue CAESAR R.DULAY

K-1 006953