BIR Ruling No. 436-2019

REPUBLICOF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

Certificate of Tax Exemption No: 0436-2019

CERTIFICATE OF TAX EXEMPTION

TO ALLWHOM IT MAY CONCERN:

project-related income taxes, creditable withholding tax, and value added tax (VAT), pursuant to Section 20 (d)(1) and (3) of Republic Act (RA) No. 7279, on its income received directly in fhis certifies that DL ENTERPRISES with Taxpayers Identification Number (TIN) an entity engaged by the National Housing Authority (NHA), is exempt from

concerned), to wit: connection with the land development of NHA-Tangub Resettlement Project under the NHA's Socialized Housing Program (insofar as the 227 socialized lots generated therefrom are

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

June 28, 2012 September 18, 2012 NHA Tangub Resettlement Project . Brgy.Mantic Misamis Occ. Tangub City, 2272

gross receipts from the said land development project... project, since VAT is an indirect tax which can be passed on by the seller of the goods/services. even if the said purchases are to be used for the land development intended for socialized housing It shall be understood that DL ENTERPRISES must issue VAT-exempt official receipts on its However, the purchases of goods/articles by DL ENTERPRISES shall be subject to VAT.

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 documents

Issued this day of AUG 0 6 2019

K-1 Commissioner of Internal Revenue CAESARR.DULAY 027572

2 The number of units was not affected'by Variation.Order No. 1 dated April 25, 2013: 1 The original cor. Cagayan de Oro Citydated April 25,2013 for additional works covered by Variation Order No. 1' issued by the National Housing Authority, Region 10, e amounting to per Contract Agreement dated September 18, 2012 was adjusted to