THAI AIRWAYS INTERNATIONAL PUBLIC COMPANY LIMITED v. COMMISSIONER OF INTERNAL REVENUE

" REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY THIRD DIVISION CBK POWER COMPANY CTA CASE NO . 7887 LIMITED, Petitioner, -versus- Members: BAUTISTA, Chairperson; FABON-VICTORINO, RINGPIS-LIBAN,JJ. COMMISSIONER OF INTERNAL REVENUE c r Promulgated: Respondent. 0 T 4f 2017 X--------------------------------------------------------------c---.------------:>--;-"-'J->-ti-' -�-"--�--.---------X AMENDED DECISION RINGPIS-LIBAN, ]. : For resolution is Petitioner's "Motion for Reconsideration" filed on June 27, 2017, with Respondent's "Opposition (To Petitioner's Motion for Reconsideration dated 27 June 2017)" flied onJuly 21,2017. Pursuant to Republic Act No. 9513 or the Renewable Energy Act of 2008 ("RA 9513"), the Court in the Decision promulgated on June 06,2017 ("Assailed Decision") denied Petitioner's claim for refund in the amount of [Php]58,802,851.18, allegedly representing its unutilized input taxes paid on its local purchases and/or importation of goods and services, capital goods and payments for services rendered by non-residents, which were all attributable to its zero-rated sales for the period January 1, 2007 to December 31, 2007 ("taxable year 2007"). The Court held that Petitioner could not have paid input taxes on its purchases of goods and services from value-added tax ("VAT") registered suppliers because such purchases are zero-rated (i.e., no output tax was paid by the suppliers, thus no input tax was shifted or passed on to Petitioner). The dispositive portion of the Assailed Decision reads: "WHEREFORE, premises considered, the Petition for Review is DENIED for lack of meriy

AMENDED DECISION CTA CASE NO. 7887 SO ORDERED." In its "Motion for Reconsideration", Petitioner alleges that the Court erroneously held that its recourse for its purchases of goods and services where it paid VAT is to seek reimbursement of its alleged input VAT paid from its suppliers of goods and services, and not a claim for refund against Respondent since its purchases of local goods, properties and services are subject to zero percent (0%) VAT under RA 9513. Petitioner contends that RA 9513 is not applicable to its claim for unutilized input taxes paid or incurred on its purchases of goods and services for the period taxable year 2007, which is all attributable to its zero-rated sales for the same period, pursuant to Sections 108(B)(7), 112(A) and 112(C) of the National Internal Revenue Code ("NIRC") of 1997. Petitioner argues that it is not a registered Renewable Energy Developer ("RE Developer") and as such, it cannot avail of the fiscal incentives under RA 9513. Furthermore, Petitioner posits that assuming without conceding that RA 9513 applies to Petitioner, Petitioner's importation of goods and payments for services rendered by non-residents are not covered by RA 9513, and should not have been disallowed. Additionally, Petitioner argues that the Supreme Court and Court of Tax Appeals cases of Coral Bqy Nickel Corporation v. Commissioner of Internal Revenue1 are not analogous to Petitioner's case since it is not a PEZA- registered Ecozone Enterprise under Republic Act No. 7916. Lastly, Petitioner insists that solutio indebiti governs the instant case since Respondent received something that it was not entitled to. On the other hand, in his "Opposition (To Petitioner's Motion for Reconsideration dated 27 June 2017)", Respondent argues that the Court correctly ruled that Petitioner is not entitled to the issuance of a tax credit certificate ("TCC") for unutilized input VAT in the amount of Php58,802,851.18, allegedly representing its unutilized input taxes on its local purchases and/or importation ofgoods and services, capital goods and payments for services rendered by non-residents; that the Court emphasized in the Assailed Decision that as an RE developer, Petitioner is entitled to zero-rated VAT on its purchases of local supply of goods, properties and services needed for the development, construction and installation of its plant facilities and to the whole process of exploring and developing renewable energy sources up to its conversion into power, and consequently, no output VAT shall be shifted to or passed on to RE developers, such as Petitioner, in connection with the above- mentioned purchases; that applying the Supreme Court cases of Contex Corporation v. Commissioner of Internal Revenur? and Coral Bqy Nickel Corporation v. ~ G.R. No. 190506, June 13, 2016; CTA EB No. 403, May 29, 2009; CTA Case No. 7022, March 10, 2008. 2 G.R. No. 151135, July 02, 2004.

AMENDED DECISION CTA CASE NO. 7887 Commissioner ofInternal Revenut?, it is the Petitioner's suppliers who are the proper parties to claim the tax credit and accordingly refund the Petitioner of the VAT erroneously passed on to the latter; and that all told, Petitioner did not present any compelling ground to justify the reversal of the subject Decision. After taking a second hard look at the factual circumstances and the pertinent legal issues of this case, We find merit in Petitioner's "Motion for Reconsideration". As mentioned in the Decision sought to be reconsidered, Petitioner must prove that it complied with all the requisites under Section 112(A) of the NIRC of 1997, in order to be entitled to the issuance of a TCC for unutilized input VAT on its local purchases and/ or importation of goods and services, capital goods and payments for services rendered by non-residents. Said requisites are as follows: 1) The taxpayer is VAT-registered; 2) The taxpayer's sales are zero-rated or effectively zero-rated; 3) The creditable input taxes are attributable to zero-rated sales or effectively zero-rated sales and were not applied against any output VAT liability; and 4) The administrative and judicial claim for refund must be timely filed. In the Assailed Decision, We already held that the first, second and fourth requisites above were complied with. To reiterate: a) Petitioner's administrative and judicial claims were timely filed\ the fourth requisite; b) Petitioner was able to prove the first requisite that it is a VAT- registered entity5; and c) Petitioner was also able to prove the second requisite that it is engaged in the sale of electricity generated through hydropower which is subject to zero percent (0%) VAT.6 However, as verified by this Court, not all sales/receipts of Petitioner qualify for VAT zero-rating pursuant to Section 108(B) (7) of the NIRC of 1997. In its Quarterly VAT Returns for taxable year 2007, Petitioner reflected a total amount ofPhp5,742,547,292.51 zero-rated sales/receipts, broken down as follows:~ 3 G.R. No. 190506, June 13, 2016. 4 Decision, Docket, pp. 1323-1325. 5 Decision, Id., pp. 1312. 6 Decision, Id., pp. 1325-1328.

AMENDED DECISION CTA CASE NO. 7887 Exhibit Taxable Period Zero-Rated Sales/Receipts "BB-2-0001" to "BB-2-0002" 1st Quarter Php 1,516,247,611.76 "BB-4-0002" to "BB-4-0003" 2nd Quarter "BB-6-0002 to "BB-6-0003" 3rd Quarter 1,460,861,709.16 "BB-8-0002" to "BB-8-0003" 4th Quarter 1,429,445,161.17 1,335,992,810.42 Total Php 5,742,547,292.51 However, the Court-commissioned Independent CPA ("ICPA") noted a total amount of Php6,794,522.94 discrepancy between sales per invoices and those per official receipts, detailed as follows: 7 Invoice Official Receipt Difference InPHP Exhibit No. Amount Exhibit No. Amount In USD Rate Nature "11-00034" 5,832.55 48.122 "II -0006 7" 1136 11,442,391.80 "MM-18" 1839 11,422,391.80 20,000.00 error in invoice amount "11-00068" "MM-73" 1922 10,578.00 48.122 "11-00069" 7,149.62 48.122 "11-00072" 1171 2,172,210.00 "MM-175" 1889 2,166,377.45 7,441.99 48.122 280,673.97 receivables written-off "11-00073" "MM-222" 1994 "11-00074" 3,266.27 48.122 "11-00075" 1172 11,437,407.36 "MM-40" 1880 11,406,697.05 3,296.96 48.122 30,710.31 receivables written-off "11-00076" "MM-104" 1992 2,307.94 48.122 5,832.55 47.449 "11-00077" 1173 2,195,950.00 "MM-176" 1890 2,185,372.00 10,577.84 47.449 509,034.52 receivables written-off "11-00078" "MM-212" 1968 7,441.99 47.449 7,149.62 47.449 "11-00079" 1179 219,595.00 "MM-179" 1893 212,445.38 344,054.01 receivables written-off "11-00080" "MM-201" 1945 "11-00081" "11-00082" 1178 1,156,240.64 "MM-43" 1883 1,117,056.08 39,184.56 receivables written-off "11-00085" "MM-72" 1921 "11-00086" "11-00087" 1177 219,595.00 "MM-178" 1892 212,153.01 358,123.44 receivables written-off "11-00088" "MM-201" 1945 "11-00091" "11-00092" 1180 1,156,240.64 "MM-44" 1884 1,118,595.50 37,645.14 receivables written-off "11-00093" "MM-72" 1921 "11-00094" 1174 11,562,406.35 "MM-41" 1881 11,506,709.68 55,696.67 receivables written-off "MM-90" 1969 127,303.73 1181 130,570.00 157,179.45 receivables written-off 1182 687,494.43 "MM- 1894 17,197.98 receivables written-off 180" 1945 "MM-201" 1183 130,570.00 "MM-45" 1885 670,296.45 158,656.31 receivables written-off "MM-72" 1921 127,273.04 1184 687,494.43 "MM- 1895 1185 11,870.00 181" 1945 "MM-201" 1186 62,499.49 "MM-46" 1886 670,134.82 17,359.61 receivables written-off 1189 2,172,210.00 "MM-72" 1921 1190 11,379,052.53 "MM-182" 1896 9,562.06 111,062.69 receivables written-off "MM-201" 1945 1191 2,195,950.00 "MM-47" 1887 50,347.40 12,152.09 receivables written-off 1192 11,503,413.76 "MM-72" 1921 2,166,377.45 1195 219,595.00 276,748.66 receivables written-off 1196 "MM- 1927 1197 1,150,341.38 184" 1994 1198 219,595.00 "MM-52" 1901 11,348,498.90 30,553.63 receivables written-off 1'150,341.38 "MM-104" 1992 2,185,372.16 501,907.93 receivables written-off "MM- 1928 185" 1968 "MM-59" 1908 11,448,001.25 55,412.51 receivables written-off "MM-90" 1969 212,153.01 353,114.98 receivables written-off 1930 receivables written-off "MM- 1907 1,111,356.74 38,984.64 receivables written-off 1931 212,445.38 339,242.32 receivables written-off "MM-58" 1903 "MM- 1,112,888.31 37,453.07 ~ "MM-54" 7 Exhibit NN.

AMENDED DECISION CTA CASE NO. 7887 Invoice Official Receipt Difference No. InPHP Exhibit Amount Exhibit No. Amount In USD Rate Nature "MM- 124,256.89 6,313.11 47.449 "II-00095" 1199 130,570.00 189" 1932 299,550.76 receivables written-off 1933 10,095.20 47.449 "II-00096" 3,296.96 47.449 "II-00097" 1200 683,986.76 "MM-55" 1904 650,915.75 5,832.55 45.922 33,071.01 receivables written-off "II-00098" 1202 683,986.76 "MM-57" 1906 666,715.73 17,271.03 receivables written-off "II-00099" 1203 "MM-57" 1906 10,578.00 45.922 479,007.14 receivables written-off 1204 11,870.00 1934 1,774.80 52,883.36 receivables written-off "II-00100" 62,180.61 "MM- 1905 9,297.25 5,832.55 46.222 "MM-56" "II-00103" 1201 130,570.00 1933 127,273.04 10,578.00 46.222 156,437.45 receivables written-off "MM- 1932 5,832.55 45.048 "II-00104" 1207 2,172,210.00 190" 2,166,377.45 267,842.36 receivables written-off 1936 "II-00105" "MM- 1994 193" "II-00107" 1208 11,173,193.06 "MM-75" 1924 11,143,192.18 30,000.88 receivables written-off "II-00121" "MM-104" 1992 2,185,372.00 1209 2,195,950.00 485,762.92 receivables written-off "II-00122" "MM- 1937 194" 1968 "II-00123" 1210 11,295,304.46 "MM-70" 1919 11,240,894.43 54,410.03 receivables written-off "II-00124" "MM-90" 1969 2,166,377.45 "II-00139" 1225 2,172,210.00 269,592.13 receivables written-off "II-00140" "MM- 1959 204" 1994 1226 11 ,265,866.46 "MM-81" 1950 11,235,616.75 30,249.71 receivables written-off "MM-104" 1992 2,185,372.00 1228 2,195,950.00 488,936.32 receivables written-off "MM- 1960 205" 2019 1229 11,388,990.68 "MM-82" 1951 11,334,129.36 54,861.32 receivables written-off 1244 2,172,210.00 "MM-106" 2004 2,166,377.45 262,744.71 receivables written-off 1245 11,080,996.30 1981 29,753.32 receivables written-off "MM- 6, 794,522.94 "MM-96" 1975 11,051,242.98 Total The ICPA indicated that the Php6,794,522.94 discrepancy pertains to receivables written-off save for the amount of Php20,000.00 which pertains to an error in the invoice amount. However, the Court cannot ascertain the veracity of the ICPA's finding without the supporting documents. Hence, for being unsupported, the amount of Php6,794,522.94 shall be denied of VAT zero- rating. Therefore, only sales totaling to Php5,735,752,769.57, as computed below, are subject to zero percent (0%) VAT pursuant to Section 1OS(B) (7) of the NIRC of 1997, as amended: Total declared zero-rated sales/receipts per VAT returns Php 5,742,547,292.51 Less: Disallowances per this Court's verification 6,794,522.94 Total valid zero-rated sales/receipts Php 5,735,752,769.57 With regard to the third requisite, (i.e., that the creditable input taxes are attributable to zero-rated sales or effectively zero-rated sales and were not applied against any output VAT liability), the Court deems that its prior conclusion in the Assailed Decision merits reconsideratio~

AMENDED DECISION CTA CASE NO. 7887 The Court agrees with the Petitioner that RA 9513 does not apply in the instant case, which is a claim for taxable year 2007. RA 9513 was approved only on December 16, 2008, and took effect fifteen (15) days after its publication in at least two (2) newspapers of general circulation.8 Accordingly, RA 9513 cannot be made applicable for claims prior to its effectivity. Hence, after having resolved that Petitioner had VAT zero-rated sales/receipts for the subject period of claim, we proceed to the determination of whether Petitioner incurred input taxes in connection thereto and if said input taxes were not applied against any output VAT liability of Petitioner. For taxable year 2007, Petitioner reported input VAT in the total amount of Php59,116,694.23, as broken down below: t�� Quarter znd Quarter 3'd Quarter 4<h Quarter Total "BB-4-002" to "BB-6-002" to "BB-8-002" to "BB-2-001" to "BB-2-002" "BB-4-003" "BB-6-003" "BB-8-003" Deferred on capital goods Php Php 7,525,499.50 Php 7,294,079.65 Php6,805,042.78 Php 7,088,923.74 exceeding P1Million from 7,088,923.74 previous quarter Purchase of capital goods - - - 71,441.58 71,441.58 not exceeding Php1Million Purchase of capital goods 888,733.71 252,447.95 - - 1,141,181.66 exceeding Php1l'vfillion Domestic purchases of 1,498,009.98 6,265,547.38 4,757,254.45 2,897,263.08 15,418,074.89 goods other than capital 318,514.00 145,810.00 5,485,743.78 3,934,822.00 9,884,889.78 goods 7,299,428.67 9,338,859.16 30,450,871.22 Importation of goods other 6,707,524.18 7,105,059.21 1,377,317.26 than capital goods 435,361.82 498,280.99 62,116.07 381,558.38 Domestic purchase of semces 7,525,499.50 7,294,079.65 6,805,042.78 6,316,005.90 6,316,005.90 Services rendered by non- residents Php12,154,617.76 Php26,653,183.14 Php44,746,762.98 Php3,056,892.88 Php59,116,694.23 Less: Purchases of capital goods exceeding P1Million deferred for the succeeding _lJ_eriod Total Of the Php59,116,694.23 declared input VAT, Petitioner seeks the refund of a lesser amount of Php58,802,851.18, reconciled as follows: Total input VAT per returns Php 59,116,694.23 Less: Input tax not included in claim for VAT refund/TCC in 313,843.02 2007, since these are not included in the pertinent Php 58,802,851.18 Summary List of Purchases Total Claim for Refund / TCC Since Petitioner's reported sales were all zero-rated, the claimed input VAT of Php58,802,851.18 is entirely attributable thereto and the same was not applied against any output VAT~ 8 Section 40 of Republic Act No. 9513.

AMENDED DECISION CTA CASE NO. 7887 Further, the total claim of Php58,802,851.18 was deducted from the total available input tax reflected in Petitioner's amended Quarterly VAT Return for the fourth quarter of taxable year 2007. Consequently, the subject claim no longer formed part of the excess input VAT ofPhp3,056,892.88 as of the fourth quarter of taxable year 2007, which was carried over to the succeeding quarter. Based on the ICPA's report, the following input VAT shall be disallowed for non-compliance with the substantiation requirements under Sections 110(A) and 113(A) and (B), 237, and 238 of the NIRC of 1997, as amended, in relation to Sections 4.110-1,4.110-2,4.110-8 and 4.113-1 of Revenue Regulations No. 16-05, as amended: Exhibit Findings Amount DD-4 Input tax on domestic purchase of goods supported by Php 91,016.62 DD-6 documents other than a VAT invoice Input tax on domestic purchase of goods supported by a 530,628.77 DD-7 VAT invoice but not an original copy Input tax on domestic purchase of goods supported by a 1,776.43 DD-8 VAT invoice not issued in the name of the Petitioner. DD-9 However, the corresponding supporting VAT ORs for these 63,478.99 DD-10 purchases were issued in the name of Petitioner. 24,507.43 DD-11 Input tax on domestic purchase of goods supported by a 259,347.57 DD-12 VAT Invoice issued in the name of CBK only. However, of DD-16 this amount, Php29,543.78 are supported by VAT ORs 6,066.05 issued in the name of CBK Power Co. Ltd, and Php6,638.46 251,795.42 DD-17 are supported by VAT ORs issued in the name of CBK DD-19 Power Company. 623.44 DD-20 Input tax on domestic purchase of goods supported by TIN sales mvo1ce, TAN-VAT sales illVOlCe with 355,672.92 DD-21 stamped/handwritten TIN number 2,898.90 Domestic purchase of goods supported by a VAT invoice 2,357.24 but without invoice date Input tax on domestic purchase of goods supported by a 530,783.22 VAT invoice but not dated within the VAT-taxable year Input tax on domestic purchase of goods supported by a ~ VAT invoice but is not BIR-registered Double claiming of input tax on domestic purchase of goods Input tax on domestic purchase of services supported by documents other than a VAT official receipt. These are either supported by a TIN VAT invoice, statement of account or provisional receipt. Input tax on domestic purchase of service supported by a VAT OR but not an original copy Input tax on domestic purchase of service supported by a VAT OR not issued in the name of Petitioner Input tax on domestic purchase of services supported by a VAT OR issued in the name of CBK only. However, of this amount, Php157,237.04 are also supported by VAT invoices and billing statements issued in the name of CBK Power Company Ltd., and Php516.79 are also supported by VAT

AMENDED DECISION CTA CASE NO. 7887 Exhibit Findings Amount invoices/statement of accounts issued in the name of CBK DD-22 Power Co. 392,274.26 Input tax on domestic purchase of services supported by a DD-23 TIN NV OR with stamped "TIN VAT"; Non VAT Reg 362,563.19 DD-24 TIN OR with stamped "TIN VAT" or "VAT registered" 14.09 DD-25 Input tax on domestic purchase of services supported by DD-26 TIN OR only, OR only; OR with stamped TIN VAT; 35,130.86 DD-27 stamped TIN VAT OR 7,444.33 Input tax on domestic purchase of service supported by a 6,958.75 DD-28 VAT OR but without OR date DD-31 Input tax on domestic purchase of service supported by 65,699.18 "ZERO-RATED" VAT OR 62.40 DD-32 Input tax on domestic purchase of service supported by a DD-33 VAT OR not dated within the VAT-taxable year 96.00 DD-34 Input tax on domestic purchase of service supported by a 1,022,183.00 DD-35 VAT OR but is not BIR-registered 6,903,466.74 DD-37 Input tax on domestic purchase of service supported by a VAT OR with alterations in the date written in the OR 96,636.04 DD-38 without counter signature 176,212.37 Double claiming of input VAT on domestic purchase of DD-40 semces 27,120.54 Input tax on domestic purchase of service supported by a VAT OR. However, the sentence "This is not a source of 205,548.53 input tax." is printed in the VAT OR. Php11,422,363.28 Input tax on importation of goods supported by documents other than an original copy of the IEIRD and BOC OR Input tax on importation of goods supported by an original copy of LBP OR and a PHOTOCOPY OF IEIRD Input tax on importation of goods supported by original copy of BOC/LBP OR ONLY without IEIRD SuQporting documents not yet available Overclaimed input tax on domestic purchases of goods/services due to erroneous computation (i.e., arithmetical error) Overclaimed portion of input tax arising from forex rate used on foreign currency denominated purchases of goods and services Total Further scrutiny of the suppliers' invoices and official receipts discloses that the following input VAT in the total amount of Php6,200,578.92 shall likewise be disallowed for failure to meet the substantiation requirements under the aforesaid VAT law and regulations: Invoice/ Disallowed Input VAT Exhibit O.R.No. Date Vendor 61.91 1. Input VAT not separately indicated in the invoice/official receipt 137.56 494.25 "CC-010014" SXL-021732 18-Jan-07 Digital Tel. Phils., Inc. 161.35 404.92 "CC-010016" SXL-021733 18-Jan-07 Digital Tel. Phils., Inc. 254.06 373.03 "CC-010018" SXL-021734 18-Jan-07 Digital Tel. Phils., Inc. ~ "CC-01 0091 II 000004234 19-Jan-07 Phil. Long Distance Tel. Co. "CC-010093" 000004235 19-Jan-07 Phil. Long Distance Tel. Co. "CC-010095" 000004236 19-Jan-07 Phil. Long Distance Tel. Co. "CC-010099" 000004238 19-Jan-07 Phil. Long Distance Tel. Co. -----

AMENDED DECISION CTA CASE NO. 7887 Invoice/ Disallowed O.R. No. Exhibit 000004239 Date Vendor Input VAT "CC-01 0101" 000004240 19-Jan-07 Phil. Long Distance Tel. Co. "CC-010103" 000004241 19-Jan-07 Phil. Long Distance Tel. Co. 292.02 "CC-010105" 000004242 19-Jan-07 Phil. Long Distance Tel. Co. "CC-010107" 000005223 19-Jan-07 Phil. Long Distance Tel. Co. 267.29 "CC-010109" 000005335 30-Jan-07 Phil. Long Distance Tel. Co. "CC-01 0111" 000005336 31-Jan-07 Phil. Long Distance Tel. Co. 358.04 "CC-010113" 000005337 31-Jan-07 Phil. Long Distance Tel. Co. "CC-010115" 000005338 31-Jan-07 Phil. Long Distance Tel. Co. 6,604.39 "CC-010117" 000005339 31-Jan-07 Phil. Long Distance Tel. Co. "CC-010119" 000005340 31-Jan-07 Phil. Long Distance Tel. Co. 3,375.60 "CC-010121" 000005341 31-Jan-07 Phil. Long Distance Tel. Co. "CC-010123" 000005224 31-Jan-07 Phil. Long Distance Tel. Co. 208.66 "CC-010125" 000004237 30-Jan-07 Phil. Long Distance Tel. Co. "CC-010097" 100849 19-Jan-07 Phil. Long Distance Tel. Co. 139.76 "CC-010079" 2-Feb-07 Pagsanjan Rapids Hotel, Inc. "CC-010088" 6055 25-Jan-07 Personal Security Systems, Inc. 122.80 "CC-010139" 143241 19-Jan-07 Tamaraw Security Service, Inc. "CC-010141" 143251 22-Jan-07 Tamaraw Security Service, Inc. 357.15 "CC-010200" 5013122 7-Feb-07 Sycip Salazar Hernandez & Gatmaitan "CC-010203" 5012498 9-Jan-07 Sycip Salazar Hernandez & Gatmaitan 449.10 "CC-010286" 000002737 9-Jan-07 Phil. Long Distance Tel. Co. "CC-010284" 000002738 9-Jan-07 Phil. Long Distance Tel. Co. 228.90 "CC-010288" 000002739 9-Jan-07 Phil. Long Distance Tel. Co. "CC-010290" 000002740 9-Jan-07 Phil. Long Distance Tel. Co. 158.13 "CC-010294" 000002742 9-Jan-07 Phil. Long Distance Tel. Co. "CC-010296" 000002743 9-Jan-07 Phil. Long Distance Tel. Co. 864.00 "CC-010298" 000002744 9-Jan-07 Phil. Long Distance Tel. Co. "CC-010302" 000002745 Phil. Long Distance Tel. Co. 269.77 "CC-010300" 000002746 9~Jan-07 Phil. Long Distance Tel. Co. "CC-010304" 000002747 Phil. Long Distance Tel. Co. 2,988.24 "CC-010306" 000002748 9-Jan-07 Phil. Long Distance Tel. Co. "CC-010308" 000002749 9-Jan-07 Phil. Long Distance Tel. Co. 20,442.74 "CC-010310" 000002750 9-Jan-07 Phil. Long Distance Tel. Co. "CC-010312" 000002751 9-Jan-07 Phil. Long Distance Tel. Co. 3,150.00 "CC-010314" 000002752 9-Jan-07 Phil. Long Distance Tel. Co. "CC-010316" 000002753 9-Jan-07 Phil. Long Distance Tel. Co. 88,418.03 "CC-010323" 0068 9-Jan-07 Rejoice Tyre Gallery & Auto Center "CC-010292" 000002741 9-Jan-07 Phil. Long Distance Tel. Co. 52,096.18 "CC-010218" 1849 16-Jan-07 Counterflow Movers, Inc. "CC-010231" 0343 9-Jan-07 Frontken Philippines, Inc. 50,953.92 "CC-010258" 71890 12-Jan-07 Intertek Testing Services Phils. "CC-010260" 1438 12-Jan-07 K-Lite Systems Innovations, Inc. 180.23 "CC-010280" 0509 19-Jan-07 Nu-Print Philippines "CC-010260" 100430 20-Jan-07 Pagsanjan Rapids Hotel, Inc. 339.89 "CC-010336" 143106 11-Tan-07 Tamaraw Security Service, Inc. "CC-010338" 143158 3-Jan-07 Tamaraw Security Service, Inc. 293.27 "CC-010344" 118693 4-Jan-07 Toyota Batangas City, Inc. "CC-010356" 13881 6-Jan-07 Welltech Service Corporation 163.84 "CC-010347" 118921 5-Jan-07 Toyota Batangas City, Inc. "CC-010385" TM17202 10-Jan-07 Toyota Makati, Inc. 151.23 "CC-010318" 17008 24-Jan-07 Rapide Auto Service Center "CC-020016" SXL-022789 29-Jan-07 Digital Tel. Phils., Inc. 122.80 "CC-020018" SXL-022790 23-Feb-07 Digital Tel. Phils., Inc. "CC-020021" SXL-022791 16-Feb-07 Digital Tel. Phils., Inc. 262.23 "CC-020104" 000007648 16-Feb-07 Phil. Long Distance Tel. Co. "CC-020112" 000007714 16-Feb-07 Phil. Long Distance Tel. Co. 284.63 "CC-020114" 000007715 22-Feb-07 Phil. Long Distance Tel. Co. "CC-020116" 000007716 22-Feb-07 Phil. Long Distance Tel. Co. 270.16 "CC-020118" 000007717 22-Feb-07 Phil. Long Distance Tel. Co. "CC-020120" 000007718 22-Feb-07 Phil. Long Distance Tel. Co. 212.13 "CC-020122" 000007719 22-Feb-07 Phil. Long Distance Tel. Co. "CC-020124" 000007720 22-Feb-07 Phil. Long Distance Tel. Co. 322.58 "CC-020126" 000007721 22-Feb-07 Phil. Long Distance Tel. Co. 22-Feb-07 260.30 22-Feb-07 204.74 157.03 4,383.47 3,375.60 219.64 287.47 9,514.32 480.00 10,651.09 1,178.57 2,250.00 1,599.10 40,950.00 1 88,451.75 52.80 375.00 91.20 122.40 264.38 61.53 117.32 326.89 864.00 148.38 270.60 128.69 119.92 343.50 478.23 526.09 ~-------- 271.15 /')/"

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed "CC-020128" O.R.No. 22-Feb-07 Phil. Long Distance Tel. Co. Input VAT "CC-020130" 000007722 22-Feb-07 Phil. Long Distance Tel. Co. "CC-020132" 000007723 22-Feb-07 Phil. Long Distance Tel. Co. 228.41 "CC-020134" 000007724 22-Feb-07 Phil. Long Distance Tel. Co. 405.36 "CC-020136" 000007725 22-Feb-07 Phil. Long Distance Tel. Co. 236.50 "CC-020106" 000007726 22-Feb-07 Phil. Long Distance Tel. Co. 172.15 "CC-020109" 000007711 22-Feb-07 Phil. Long Distance Tel. Co. 7,110.55 "CC-02011 0" 000007712 22-Feb-07 Phil. Long Distance Tel. Co. 133.03 "CC-020001" 000007713 26-Mar-07 CityService Corporation 307.10 "CC-020014" 20-Feb-07 DHL Express (Philippines) Corp. 239.80 "CC-020032" 74391 2-Mar-07 Fujitsu Philippines, Inc. 45,131.34 "CC-020080" 806003A 6-Mar-07 La Corona De Pagsanjan Resort 644.74 "CC-020184" 23-Feb-07 Toyota Batangas City, Inc. 7,476.00 "CC-020080" 40801 26-Mar-07 Toyota Batangas City, Inc. 2,780.76 "CC-020191" 14914 1-Mar-07 Watson Wyatt Philippines, Inc. "CC-020193" 121270 9-Feb-07 Airfreight 2100, Inc. 52.80 "CC-020197" 124101 15-Feb-07 Best Travel 969.60 "CC-020078" 17288 22-Feb-07 Intellicare 300.00 "CC-020060" 116265 23-Feb-07 Santos Telephone Corp. "CC-020141" 38880 23-Feb-07 Rapide Auto Service Center 5.47 "CC-030009" 46490 19-Mar-07 Coledan Engineering 52.61 "CC-030153" 35470 22-Mar-07 Phil. Long Distance Tel. Co. 53.17 "CC-030155" 17009 22-Mar-07 Phil. Long Distance Tel. Co. 235.71 "CC-030157" 0006 22-Mar-07 Phil. Long Distance Tel. Co. 51.22 "CC-030159" 000010795 22-Mar-07 Phil. Long Distance Tel. Co. 21,120.00 "CC-030161" 000010796 22-Mar-07 Phil. Long Distance Tel. Co. 195.82 "CC-030163" 000010797 22-Mar-07 Phil. Long Distance Tel. Co. 218.82 "CC-030165" 000010798 22-Mar-07 Phil. Long Distance Tel. Co. 130.23 "CC-030167" 000010799 22-Mar-07 Phil. Long Distance Tel. Co. 119.27 "CC-030169" 000010807 22-Mar-07 Phil. Long Distance Tel. Co. 776.83 "CC-030171" 000010808 22-Mar-07 Phil. Long Distance Tel. Co. 342.15 "CC-030173" 000010800 22-Mar-07 Phil. Long Distance Tel. Co. 521.04 "CC-030175" 000010801 22-Mar-07 Phil. Long Distance Tel. Co. 210.85 "CC-030177" 000010802 22-Mar-07 Phil. Long Distance Tel. Co. 289.97 "CC-030179" 000010803 21-Mar-07 Phil. Long Distance Tel. Co. 654.52 "CC-030183" 000010804 23-Mar-07 Reign-Nan Sales Industry 285.22 "CC-030147" 000010705 22-Mar-07 Phil. Long Distance Tel. Co. 137.27 "CC-030149" 000010616 22-Mar-07 �Phil. Long Distance Tel. Co. 864.00 "CC-030151" 3293 22-Mar-07 Phil. Long Distance Tel. Co. 5,151.30 "CC-030007" 000010792 26-Mar-07 Ben Calibration Service Center 42,000.00 "CC-030018" 000010793 21-Mar-07 Digital Tel. Phils., Inc. 301.19 "CC-030020" 000010794 21-Mar-07 Digital Tel. Phils., Inc. 309.27 "CC-030022" 09909 21-Mar-07 Digital Tel. Phils., Inc. 359.37 "CC-030137" 008067 29-Mar-07 Personal Security Systems, Inc. 203.57 "CC-030206" 008068 20-Mar-07 Tamaraw Security Service, Inc. 61.19 "CC-030212" 008069 27-Mar-07 Tamaraw Security Service, Inc. 107.43 "CC-030224" 6374 28-Mar-07 TCS Manpower Services, Inc. 441.00 "CC-030227" 143678 26-Mar-07 Toyota Batangas City, Inc. 40,931.88 "CC-030235" 143677 15-Mar-07 Best Travel 90,092.68 "CC-030291" 6214 21-Mar-07 Viking Cars, Incorporated 90,047.65 "CC-030244" 124102 19-Mar-07 Fujitsu Philippines, Inc. 25,568.35 "CC-0301 01" 39076 20-Mar-07 In tellicare 158.40 "CC-030099" 041412 28-Mar-07 In tellicare 52.34 "CC-030014" 40861 12-Apr-07 Copy Quest Corporation 127.93 "CC-030089" 48461 11-Apr-07 Hearth & Hastings Phils., Inc. 81,875.11 "CC-030185" 47240 2-Apr-07 Rejoice Tyre Gallery & Auto Center 41.36 "CC-030188" 16436 2-Apr-07 Rejoice Tyre Gallery & Auto Center 82.71 "CC-040014" 4088 18-Apr-07 Digital Tel. Phils., Inc. 8,928.00 "CC-040018" 0085 18-Apr-07 Digital Tel. Phils., Inc. 2,475.00 "CC-040104" 0086 25-Apr-07 Phil. Long Distance Tel. Co. 133.93 "CC-040106" SXL-024701 25-Apr-07 Phil. Long Distance Tel. Co. 37.50 "CC-040108" SXL-024703 25-Apr-07 Phil. Long Distance Tel. Co. 60.55 "CC-040110" 000014105 25-Apr-07 Phil. Long Distance Tel. Co. 341.77 000014104 3,375.60 000014106 864.00 000014107 139.40 572.06 ~

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed "CC-040112" O.R.No. 25-Apr-07 Phil. Long Distance Tel. Co. Input VAT "CC-040114" 000014123 25-Apr-07 Phil. Long Distance Tel. Co. "CC-040116" 000014108 25-Apr-07 Phil. Long Distance Tel. Co. 315.32 "CC-040118" 000014109 25-Apr-07 Phil. Long Distance Tel. Co. 205.56 "CC-040120" 000014110 25-Apr-07 Phil. Long Distance Tel. Co. 184.02 "CC-040122" 000014111 25-Apr-07 Phil. Long Distance Tel. Co. 133.47 "CC-040124" 000014112 25-Apr-07 Phil. Long Distance Tel. Co. 118.15 "CC-040126" 000014113 25-Apr-07 Phil. Long Distance Tel. Co. 563.02 "CC-040128" 000014114 25-Apr-07 Phil. Long Distance Tel. Co. 548.96 "CC-040130" 000014115 25-Apr-07 Phil. Long Distance Tel. Co. 723.37 "CC-040132" 000014116 25-Apr-07 Phil. Long Distance Tel. Co. 232.83 "CC-040134" 000014117 25-Apr-07 Phil. Long Distance Tel. Co. 450.63 "CC-040136" 000014118 25-Apr-07 Phil. Long Distance Tel. Co. 583.11 "CC-040138" 000014119 25-Apr-07 Phil. Long Distance Tel. Co. 257.68 "CC-040002" 000014120 15-May-07 Berkman Systems, Inc. 145.98 "CC-040004" 16-May-07 City Service Corporation 7,936.91 "CC-040026" 3697 10-May-07 Functional Inc. 10,440.00 "CC-040045" 75546 18-Apr-07 High Grip Auto Center 46,152.96 126515 Marvelous Bodyguards & Defenders Security 234.65 47941 8-May-07 Agency 85.71 23-Apr-07 Neville-Clarke Philippines, Inc. "CC-040071" 0402 30-Apr-07 Pagsanjan Rapids Hotel, Inc. 16,860.84 "CC-040092" 13933 10-May-07 Palmer-Asia, Inc. 1,680.00 "CC-040095" 102002 27-Apr-07 Questronix Corporation 3,499.89 "CC-040097" 29807 20-Apr-07 Rejoice Tyre Gallery & Auto Center 5,943.30 "CC-040140" 1304 19-Apr-07 Rizalnet Enterprises 2,400.00 "CC-040142" 0088 18-Apr-07 SFM Sales Corporation 278.57 "CC-040144" 0686 18-Apr-07 SFM Sales Corporation 306.43 "CC-040156" 69099 24-A_pr-07 Tamaraw Security Service, Inc. 244.28 "CC-040159" 69098 18-Apr-07 Toyota Batangas City, Inc. 85.71 "CC-040162" 143919 11-May-07 Water-Lite Engineering "CC-040174" 124362 13-Apr-07 Airfreight 2100, Inc. 17,550.00 "CC-040178" 0249 15-May-07 Airfreight 2100, Inc. 66.00 "CC-040180" 121778 20-Apr-07 Airfreight 2100, Inc. "CC-040186" 127271 12-Apr-07 Tai Chi Hui 1,821.43 "CC-040190" 121795 29-May-07 Toyota Makati, Inc. 11.74 "CC-040245" 22-May-07 Toyota Makati, Inc. 17.46 "CC-040247" 22 8-May-07 Intellicare 8.08 "CC-040249" 29123 3-May-07 La Corona De Pagsanjan Resort "CC-040052" 28996 3-May-07 La Corona De Pagsanjan Resort 119,520.00 "CC-040058" 50213 25-Apr-07 Santos Telephone Corp. 114.00 "CC-040060" 15091 19-Apr-07 Fujitsu Philippines, Inc. 168.00 "CC-040152" 15092 17-Apr-07 Marsh Philippines, Inc. 164.03 "CC-040204" 35861 22-May-07 Digital Tel. Phils., Inc. "CC-040244" 40962 3-May-07 Digital Tel. Phils., Inc. 2,441.04 "CC-050011" 34636 8-Tun-07 Phil. Long Distance Tel. Co. 510.00 I "CC-050015" SXL-025922 8-Tun-07 Phil. Long Distance Tel. Co. 235.71 "CC-050151" SXL-025924 8-Tun-07 Phil. Long Distance Tel. Co. "CC-050153" 000018088 8-Jun-07 Phil. Long Distance Tel. Co. 20,483.01 "CC-050155" 000018089 8-Jun-07 Phil. Long Distance Tel. Co. 875,610.00 "CC-050157" 000018090 8-Jun-07 Phil. Long Distance Tel. Co. "CC-050159" 000018091 8-Jun-07 Phil. Long Distance Tel. Co. 59.86 "CC-050161" 000018092 8-Tun-07 Phil. Long Distance Tel. Co. 384.30 "CC-050163" 000018093 8:1_un-07 Phil. Long Distance Tel. Co. 156.94 "CC-050165" 000018094 8-Jun-07 Phil. Long Distance Tel. Co. 257.14 "CC-050167" 000018095 8-Jun-07 Phil. Long Distance Tel. Co. 120.87 "CC-050169" 000018096 8-Jun-07 Phil. Long Distance Tel. Co. 119.77 "CC-050171" 000018097 8:1_un-07 Phil. Long Distance Tel. Co. 440.20 "CC-050173" 000018098 8-Jun-07 Phil. Long Distance Tel. Co. 432.16 "CC-050175" 000018099 8-Jun-07 Phil. Long Distance Tel. Co. 493.32 "CC-050177" 000018100 8-Jun-07 PLDT 173.93 "CC-050179" 000017993 8-Jun-07 Phil. Long Distance Tel. Co. 448.45 "CC-050292" 000017994 8-Jun-07 Phil. Long Distance Tel. Co. 435.60 . "CC-050145" 84157 234.74 "CC-050147" 000018085 143.77 000018086 5,368.85 3,375.60 864.00 3,593.29 143.96 396.93_ ~

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed "CC-050149" O.R.No. 8-Jun-07 Phil. Long Distance Tel. Co. Input VAT "CC-050008" 000018087 5-Jun-07 Copy Quest Corporation "CC-050024" 7-Jun-07 Eastern Aluminum Glass Supply 209.42 "CC-050028" 017646 8-Jun-07 Enclosure Systems Specialists, Inc. 6,696.00 "CC-050098" 0305 7-Jun-07 La Corona De Pagsanjan Resort 1,339.28 "CC-050101" 2497 7-Tun-07 La Corona De Pagsanjan Resort 44,999.98 "CC-050103" 15174 18-Jun-07 La Corona De Pagsanjan Resort 5,892.86 "CC-050349" 15175 17-May-07 Motorworld Sales Center 1,283.04 "CC-050126" 15455 24-May-07 Newton Elect. Equipt. Co., Inc. 11,785.72 "CC-050130" 3745 29-May-07 Personal Security Systems, Inc. "CC-050135" 4205 8-Jun-07 Personal Security Systems, Inc. 889.29 "CC-050140" 6580 21-Tun-07 Personal Security Systems, Inc. 9,996.00 "CC-050214" 6658 4-Jun-07 Airfreight 2100, Inc. 41,107.40 "CC-050216" 6708 12-Jun-07 Airfreight 2100, Inc. 41,901.26 "CC-050227" 11-May-07 Best Travel 41,988.96 "CC-050229" 131508 10-May-07 Universal Holidays, Inc. "CC-050231" 131535 11-May-07 Best Travel 5.27 "CC-050303" 39445 18-Tul-07 Toyota Makati, Inc. 10.36 "CC-050096" 368401 18-May-07 Intellicare 51.05 "CC-050186" 39444 25-May-07 Santos Telephone Corp. 102.11 "CC-050196" 29829 28-May-07 Tamaraw Security Service, Inc. 51.05 "CC-050240" 50768 7-May-07 Control Risk 28.80 "CC-050242" 36260 31-May-07 Control Risks Group Philippines, Inc. 39.39 "CC-050108" 144178 7-Jul-07 Lino Bon Artiaga Customs Brokerage 235.71 "CC-060011" 0362 25-Jun-07 Digital Tel. Phils., Inc. 86,246.22 "CC-060015" 0371 25-Jun-07 Digital Tel. Phils., Inc. 30,743.06 "CC-060111" 0017 21-Jun-07 New Horizons Computer Learning Centers 29,982.31 "CC-060126" SXL-027194 25-Jun-07 Phil. Long Distance Tel. Co. 1,542.00 "CC-060128" SXL-027196 25-Jun-07 Phil. Long Distance Tel. Co. 59.56 "CC-060130" 1899 25-Tun-07 Phil. Long Distance Tel. Co. 296.15 "CC-060132" 000020009 25-Jun-07 Phil. Long Distance Tel. Co. 1,189.29 "CC-060134" 000020008 25-Jun-07 Phil. Long Distance Tel. Co. 3,375.60 "CC-060136" 000020010 25-Jun-07 Phil. Long Distance Tel. Co. 864.00 "CC-060139" 000020011 25-Jun-07 Phil. Long Distance Tel. Co. 139.83 "CC-060141" 000020012 25-Tun-07 Phil. Long Distance Tel. Co. 379.11 "CC-060143" 000020013 25-Jun-07 Phil. Long Distance Tel. Co. 231.46 "CC-060145" 000020014 25-Jun-07 Phil. Long Distance Tel. Co. 205.60 "CC-060147" 000020015 25-Jun-07 Phil. Long Distance Tel. Co. 265.31 "CC-060149" 000020016 25-Jun-07 Phil. Long Distance Tel. Co. 120.87 "CC-060151" 000020017 25-Tun-07 Phil. Long Distance Tel. Co. 119.77 "CC-060153" 000020018 25-Jun-07 Phil. Long Distance Tel. Co. 551.95 "CC-060155" 000020019 25-Jun-07 Phil. Long Distance Tel. Co. 638.47 "CC-060157" 000020020 25-Jun-07 Phil. Long Distance Tel. Co. 526.61 I "CC-060159" 000020021 25-Jun-07 Phil. Long Distance Tel. Co. 137.77 ! "CC-060161" 000020022 25-Jun-07 Phil. Long Distance Tel. Co. 463.48 ' "CC-060236" 000020023 14-Jun-07 Twin V Tech Systems & Serv. 588.02 "CC-060447" 000020024 26-Tun-07 Vegas Marketing 248.15 "CC-060446" 000020025 8-Tun-07 Uniwell Tech. Cog>_oration 228.57 "CC-060337" 0207 30-May-07 Isotrust Trading Company 5,964.28 "CC-060001" 0517 16-Jun-07 Aero Med Ambulance Transport, Inc. 10,714.28 "CC-060064" 16566 14-Jun-07 Harty Incorporated Phils. 3,543.75 "CC-060066" 1631 14-Jun-07 Hearth & Hastings Phils., Inc. 38,057.14 "CC-060099" 0611 25-Tun-07 Microbase Incorporated 17,977.50 "CC-060105" 15-Jun-07 Mr. Bugmaster, Inc. 960.00 "CC-060120" 342 20-Jun-07 Pagsanjan Rapids Hotel, Inc. 52,232.14 "CC-060124" 4163 26-Jun-07 Pinnacle Parts Co., Inc. 2,475.00 "CC-060163" 49674 20-Jun-07 Ramp Insurance Services 13,928.57 "CC-060165" 2670 20-Tun-07 Rejoice Tyre Gallery & Auto Center 1,714.29 "CC-060207" 102472 26-Tun-07 Tamaraw Securi!f_ Service, Inc. 6,781.16 "CC-060213" 3443 28-Jun-07 Tamaraw Security Service, Inc. 355.71 "CC-060225" 3485 28-Jun-07 TCS Manpower Services, Inc. 8,725.63 "CC-060228" 0097 28-Jun-07 TCS Manpower Services, Inc. 471.43 "CC-060244" 14404 19-Jun-07 Water-Lite Engineering 90,047.65 14405 90,092.69 6407 25,944.37 6408 28,198.98 0279 51,428.57 /'Y"'

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed 11CC-060251 II O.R.No. 25-lun-07 Airfreight 2100, Inc. Input VAT 11CC-06018411 26-Jun-07 Santos Telephone Co!JJ. 11 CC-060201 II 133234 14-Jun-07 Tamaraw Security Service, Inc. 5.16 11 CC-060031 II 36485 16-Jul-07 Fuji Xerox Philippines, Inc. 235.71 11 CC-06006211 144179 20-Jul-07 Government Performance Magazine 86,328.57 11 CC-060081 II 57252 3-lul-07 Intertek Testing Services Phils. 613.26 11 CC-06008311 2188 26-Jul-07 Jnjkons Enterprise 1,060.71 11 CC-06008511 75002 3-Jul-07 KPI Elevators, Inc. 10,440.00 11 CC-06011311 1548 6-Jul-07 New Horizons Computer Learning Centers 1,395.00 11 CC-06011511 10359 5-Jul-07 Nu-Print Philippines 7,519.42 11 CC-06016811 2009 3-Jul-07 Rejoice Tyre Gallery & Auto Center 792.86 11 CC-06019411 2646 6-Jul-07 SFM Sales Corporation 496.46 11 CC-06021911 0100 5-Jul-07 Tamaraw Security Service, Inc. 64.29 11CC-060231 II 69727 31-Jul-07 Toyota Batangas City, Inc. 106.07 11 CC-06024911 144406 16-Jul-07 Airfreight 2100, Inc. 964.29 11 CC-06028811 136096 19-Jul-07 Rizalnet Enterprises 396.00 11CC-060291 II 136329 16-Jul-07 Supermax Janitorial & General Services, Inc. 804 Tantoco Villanueva De Guzman & Llamas Law 6.11 1 384 16-Jul-07 Offices 132.72 18-Jul-07 Toyota Makati, Inc. 540.00 11 CC-060295 11 676 18-Jul-07 Toyota Makati, Inc. 11 CC-060297 11 29828 16-Jul-07 Fuji Xerox Philippines, Inc. 4,980.00 11 CC-06030011 29817 18-May-07 Kcomm Network Systems Corporation 114.00 11 CC-060029 11 57253 25-May-07 U-Freight Philippines, Inc. 114.00 11 CC-070049 11 1592 11-0ct-07 C.S. Bracamonte 880.32 11 CC-07004911 361834 10-0ct-07 Fuji Xerox Philippines, Inc. IICC-090013 11 454 8-0ct-07 Interlink Business Solutions, Inc. 1,800.00 11 CC-09002911 61652 3-0ct-07 Kuehne+ Nagel, Inc. 108.00 11 CC-09007011 2281 10-0ct-07 Lino Bon Arriaga Customs Brokerage 11 CC-09007411 127472 5-0ct-07 Tamaraw Security Service, Inc. 1,664.52 11 CC-09008011 0037 11-0ct-07 Toyota Batangas City, Inc. 105.78 11 CC-09021411 145106 3-0ct-07 Best Travel 11 CC-09019511 138981 3-0ct-07 La Corona De Pagsanjan Resort 6,480.00 11 CC-09023011 40321 26-0ct-07 Universal Holidays, Inc. 1,621.87 11 CC-09007611 15742 Tantoco Villanueva De Guzman & Llamas Law 1,080.00 11 CC-09027811 384554 19-0ct-07 Offices 88,066.08 10-Sep-07 PCIC Container Freight Station, Inc. 11 CC-09027211 722 11-Jul-07 Philippine Long Distance Telephone 114.00 11 CC-10013811 56587 30-Jul-07 Philippine Long Distance Telephone 48.75 11 CC-070055 11 95230 13-Jul-07 Digital Tel. Phils., Inc. IICC-070061 II 101057 13-Jul-07 Digital Tel. Phils., Inc. 899.58 11 CC-070097 11 SXL-027809 13-Aug-07 Fuji Xerox Philippines, Inc. 97.50 11CC-070101 II SXL-027811 18-Jul-07 Phil. Long Distance Tel. Co. 11 CC-070117 11 59321 18-Jul-07 Phil. Long Distance Tel. Co. 3,619.20 IICC-070245 11 000022022 18-Jul-07 Phil. Long Distance Tel. Co. 1,429.30 11CC-070247 11 000022023 18-Jul-07 Phil. Long Distance Tel. Co. 3,062.64 11 CC-07024911 000022024 18-Jul-07 Phil. Long Distance Tel. Co. 3,618.88 11 CC-070251 II 000022025 18-Jul-07 Phil. Long Distance Tel. Co. 11 CC-070253 11 000022026 18-Jul-07 Phil. Long Distance Tel. Co. 59.24 IICC-070255 11 000022027 18-Jul-07 Phil. Long Distance Tel. Co. 362.19 11 CC-07025711 000022028 18-Jul-07 Phil. Long Distance Tel. Co. 125.88 11 CC-07025911 000022029 18-Jul-07 Phil. Long Distance Tel. Co. 148.48 11CC-070261 II 000022030 18-lul-07 Phil. Long Distance Tel. Co. 367.55 IICC-070263 11 000022039 18-Jul-07 Phil. Long Distance Tel. Co. 319.62 11 CC-07026511 000022031 18-Jul-07 Phil. Long Distance Tel. Co. 170.09 IICC-070267 11 000022032 18-Jul-07 Phil. Long Distance Tel. Co. 293.99 11 CC-07026911 000022033 18-Jul-07 Phil. Long Distance Tel. Co. 117.63 11 CC-070271 II 000022034 18-lul-07 Phil. Long Distance Tel. Co. 116.53 11 CC-07027311 000022035 18-Jul-07 Phil. Long Distance Tel. Co. 541.61 IICC-070275 11 000022036 16-Jul-07 Airfreight 2100, Inc. 465.28 11 CC-07027711 000022004 16-Jul-07 Airfreight 2100, Inc. 744.57 11 CC-070001 II 136328 7-Aug-07 Airfreight 2100, Inc. 140.87 IICC-070003 11 136327 27-Jul-07 Airfreight 2100, Inc. 483.38 11 CC-07000511 140801 615.83 IICC-070007 11 137935 230.19 298.19 7,317.91 864.00 5.16 7.75 5.06 8.42 ~

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed "CC-070017" O.R.No. 31-Jul-07 Best Travel Input VAT "CC-070019" 31-Jul-07 Best Travel "CC-070023" 39957 9-Aug-07 Ecopy Corporation 48.64 "CC-070051" 39956 16-Jul-07 Manabat Delgado Amper & Co. 48.64 020299 Tantoco Villanueva De Guzman & Llamas Law 490.93 9144 26-Jul-07 Offices 19,800.00 17-Aug-07 Toyota Makati, Inc. "CC-070074" 687 17-Aug-07 Toyota Makati, Inc. 2,190.00 "CC-070076" 30252 31-Jul-07 Universal Holidays, Inc. 159.00 "CC-070080" 30253 8-Aug-07 High Grip Auto Center 189.00 "CC-070084" 373981 2-Aug-07 Integrated Computer Systems, Inc. 97.29 "CC-070431" 2930 30-Jul-07 Lino Bon Arriaga Customs Brokerage 128.57 "CC-070438" 374761 Marvelous Bodyguards & Defenders Security 276.00 "CC-070184" 0025 3-Aug-07 Agency 2-Aug-07 Motorworld Sales Center 12,125.61 "CC-070197" 0415 10-Aug-07 Mr. Bugmaster, Inc. "CC-070212" 3836 19-Jul-07 Pagsanjan Rapids Hotel, Inc. 15,463.80 "CC-070214" 2736 6-Aug-07 Pagsanjan Rapids Hotel, Inc. 2,357.14 "CC-070236" 102767 6-Aug-07 Rejoice Tyre Gallery & Auto Center 1,714.29 "CC-070238" 102989 27-Jul-07 Tamaraw Security Service, Inc. 1,787.56 "CC-070286" 0105 6-Aug-07 Tamaraw Security Service, Inc. 2,907.23 "CC-070334" 144672 17-Jul-07 TCS Manpower Services, Inc. 428.57 "CC-070340" 144737 17-Jul-07 TCS Manpower Services, Inc. "CC-070346" 6501 3-Aug-07 TCS Manpower Services, Inc. 89,856.25 "CC-070349" 6502 31-Jul-07 Toyota Batangas City, Inc. 16,300.20 "CC-070352" 6559 2-Aug-07 Toyota Batangas City, Inc. 26,292.81 "CC-070355" 136097 29-Aug-07 Toyota Batangas City, Inc. 26,777.58 "CC-070357" 136139 20-Sep-07 In tellicare 27,704.19 "CC-070360" 136441 31-Jul-07 Marsh Philippines, Inc. "CC-070176" 56646 10-Jul-07 Control Risks Group Philippines, Inc. 91.20 "CC-070053" 35014 24-Jul-07 Santos Telephone Corp. 1,374.00 "CC-070021 II 0384 8-Aug-07 Digital Tel. Phils., Inc. "CC-070306" 36671 8-Aug-07 Digital Tel. Phils., Inc. 180.00 "CC-080007" SXL-028683 29-Aug-07 General Electric Phils., Inc. 861.70 "CC-080009" SXL-028684 15-Aug-07 Phil. Long Distance Tel. Co. 826,398.00 "CC-080024" 65900 15-Aug-07 Phil. Long Distance Tel. Co. 29,757.46 "CC-080104" 000024408 15-Aug-07 Phil. Long Distance Tel. Co. 235.71 "CC-080108" 000024410 15-Aug-07 Phil. Long Distance Tel. Co. 58.11 "CC-080110" 000024411 15-Aug-07 Phil. Long Distance Tel. Co. 333.55 "CC-080112" 000024412 15-Aug-07 Phil. Long Distance Tel. Co. 109,795.44 "CC-080114" 000024413 15-Aug-07 Phil. LongDistance Tel. Co. 216.49 "CC-080116" 000024414 15-Aug-07 Phil. Long Distance Tel. Co. 142.56 "CC-080118" 000024415 15-Aug-07 Phil. Long Distance Tel. Co. 118.47 "CC-080120" 000024416 15-Aug-07 Phil. Long Distance Tel. Co. 522.78 "CC-080122" 000024417 15-Aug-07 Phil. Long Distance Tel. Co. 476.71 "CC-080124" 000024418 15-Aug-07 Phil. Long Distance Tel. Co. 1,038.14 "CC-080126" 000024419 13-Aug-07 Phil. Long Distance Tel. Co. 147.39 "CC-080128" 000024420 14-Sep-07 Punongbayan & Araullo 357.96 "CC-080130" 000024005 14-Sep-07 Punongbayan & Araullo 564.03 "CC-080239" 95485 15-Aug-07 Phil. Long Distance Tel. Co. 213.01 "CC-080241" 95484 15-Aug-07 Phil. Long Distance Tel. Co. 146.56 "CC-080098" 000024405 15-Aug-07 Phil. Long Distance Tel. Co. 8,402.86 "CC-080100" 000024406 15-Aug-07 Phil. LonZ_Distance Tel. Co. 864.00 "CC-080102" 000024407 6-Sep-07 Best Travel 1,200.00 "CC-080106" 000024405 24-Aug-07 Control & Analytical Lab., Inc. 1,200.00 ! "CC-080003" 40172 3-Sep-07 Fuji Xerox Philippines, Inc. 133.85 "CC-080005" 1456 24-Aug-07 Mega Masterlink Fabricator & Elect. Serv. Corp. 473.02 "CC-080022" 59983 7-Sep-07 Mercer Human Resource Consulting, Inc. 244.31 "CC-080076" 2227 3-Sep-07 Tamaraw Security Service, Inc. 308.67 "CC-080080" 4496 16-Aug-07 TCS Manpower Services, Inc. 26.79 "CC-080159" 144818 31-Aug-07 TCS Manpower Services, Inc. 4,320.00 "CC-080164" 6525 13-Sep-07 TCS Manpower Services, Inc. 60.48 "CC-080167" 6545 13-Sep-07 TCS Manpower Services, Inc. 5,976.00 "CC-080170" 6070 9,600.00 "CC-080172" 6071 88,002.75 26,950.89 19,525.27 6,831.68 27,350.80 ~

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed "CC-080175" O.R.No. 29-Aug-07 Toyota Batangas Ci~ Inc. Input VAT "CC-080196" 22-Aug-07 Airfreight 2100, Inc. "CC-080198" 136442 4-Sep-07 Airfreight 2100, Inc. 66.00 "CC-080200" 140835 4-Sep-07 Airfreight 2100, Inc. 7.59 "CC-080203" 143273 7-Sep-07 14.26 "CC-080209" 143274 6-Sep-07 Amado A. Blanco, Jr. 13.41 0282 40171 12-Sep-07 Best Travel 4,500.00 7-Sep-07 Tantoco Villanueva De Guzman & Llamas Law 50.41 "CC-080250" 709 23-Aug-07 Offices "CC-080252" 30482 23-Aug-07 Toyota Makati, Inc. 3,360.00 "CC-080254" 376461 25-Aug-07 Universal Holidays, Inc. 863.57 "CC-080256" 376460 16-Aug-07 Universal Holidays, Inc. 97.61 "CC-080262" 04627 12-Sep-07 Viking Cars, Incorporated 97.61 "CC-080211" 65955 12-Sep-07 General Electric Phils., Inc. 785.36 "CC-090015" SXL-029562 25-Sep-07 Digital Tel. Phils., Inc. "CC-090019" SXL-029564 26-Sep-07 Digital Tel. Phils., Inc. 123,698.42 "CC-090124" 000028480 26-Sep-07 Phil. Long Distance Tel. Co. 57.83 "CC-090129" 000028519 26-Sep-07 Phil. Long Distance Tel. Co. "CC-090131" 000028520 26-Sep-07 Phil. Long Distance Tel. Co. 416.95 "CC-090133" 000028521 26-Sep-07 Phil. Long Distance Tel. Co. 864.00 "CC-090135" 000028522 26-Sep-07 Phil. Long Distance Tel. Co. 449.58 "CC-090137" 000028523 26-Sep-07 Phil. Long Distance Tel. Co. 245.79 "CC-090139" 000028524 26-Sep-07 Phil. Long Distance Tel. Co. 274.04 "CC-090141" 000028525 26-Sep-07 Phil. Long Distance Tel. Co. 222.07 "CC-090143" 000028526 26-Sep-07 Phil. Long Distance Tel. Co. 118.47 "CC-090145" 000028527 26-Sep-07 Phil. Long Distance Tel. Co. 118.47 "CC-090147" 000028528 Phil. Long Distance Tel. Co. 588.01 "CC-090149" 000028529 26-S~-07 Phil. Long Distance Tel. Co. 574.81 "CC-090151" 000028530 Phil. Long Distance Tel. Co. 1,232.78 "CC-090153" 000028531 26-Sep-07 Phil. Long Distance Tel. Co. 137.97 "CC-090155" 000028532 26-Sep-07 Phil. Long Distance Tel. Co. 443.93 "CC-090157" 000028533 26-Sep-07 Phil. Long Distance Tel. Co. 855.91 "CC-090127" 000028518 26-Sep-07 Phil. Long Distance Tel. Co. 320.13 "CC-090011" 2086 19-Sep-07 Counterflow Movers, Inc. 151.47 "CC-090078" 0035 20-Sep-07 Lino Bon Arriaga Customs Brokerage 8,306.97 "CC-090105" 50511 19-Sep-07 l'v1icrobase Incorporated 137.09 "CC-090114" 27921 14-Aug-07 Orient Freight International, Inc. 2,171.79 "CC-090116" 103368 18-Sep-07 Pagsanjan Rapids Hotel, Inc. 11,291.23 "CC-090159" 95486 14-Sep-07 Punongbayan & Araullo 1,641.00 "CC-090161" 012 28-Sep-07 Qualityworks Consultancy Corp. 32.14 "CC-090179" 37223 25-Sep-07 Santos Telephone Corp. 434.21 "CC-090224" 6597 21-Sep-07 TCS Manpower Services, Inc. 564.00 "CC-090205" 0179 26-Sep-07 Wellcross Freight Corp. 3,857.14 "CC-090203" 0180 26-Sep-07 Wellcross Freight Corp. 235.71 "CC-090208" 14919 28-Sep-07 Welltech Service Corporation 27,857.57 "CC-090227" 40287 28-Sep-07 Best Travel 2,176.27 "CC-090246" Harty Incorporated Phils. 5,788.30 "CC-100018" 387 25-S~-07 Digital Tel. Phils., Inc. 696.43 "CC-100022" SXL-030674 Digital Tel. Phils., Inc. 49.93 "CC-100025" SXL-030676 10-Nov-07 Digital Tel. Phils., Inc. 177,535.72 "CC-100029" SXL-031490 10-Nov-07 Digital Tel. Phils., Inc. 61.89 "CC-100065" SXL-031492 13-Nov-07 Homeguard Strategist Co. 345.76 "CC-100100" 13-Nov-07 Masigasig Security & Manpower Agency, Inc. 61.89 "CC-100105" 0593 6-Nov-07 Masigasig Security & Manpower Agency, Inc. 324.95 "CC-100110" 3702 11-0ct-07 Masigasig Security & Manpower Agency, Inc. 428.57 "CC-100147" 3705 24-0ct-07 Phil. Long Distance Tel. Co. 86,289.56 "CC-100150" 3707 5-Nov-07 Phil. Long Distance Tel. Co. 86,256.26 "CC-100152" 000030471 17-0ct-07 Phil. Long Distance Tel. Co. 86,397.83 "CC-100154" 000031268 24-0ct-07 Phil. Long Distance Tel. Co. 864.00 "CC-100156" 000031269 24-0ct-07 Phil. Long Distance Tel. Co. 150.57 "CC-100158" 000031270 24-0ct-07 Phil. Long Distance Tel. Co. 294.96 "CC-100160" 000031271 24-0ct-07 Phil. Long Distance Tel. Co. 293.63 "CC-100162" 000031272 24-0ct-07 Phil. Long Distance Tel. Co. 190.02 "CC-100164" 000031273 24-0ct-07 Phil. Long Distance Tel. Co. _ 264.09 000031274 24-0ct-07 138.29 000031275 24-0ct-07 107.69 311.99 ~

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed 11 CC-10016611 O.R.No. 24-0ct-07 Phil. Long Distance Tel. Co. Input VAT IICC-10016811 000031276 24-0ct-07 Phil. Long Distance Tel. Co. 11 CC-10017211 000031277 24-0ct-07 Phil. Long Distance Tel. Co. 523.99 11 CC-10017411 000031279 24-0ct-07 Phil. Long Distance Tel. Co. 1,492.76 11 CC-10017611 000031280 24-0ct-07 Phil. Long Distance Tel. Co. 11 CC-10018011 000031281 24-0ct-07 Phil. Long Distance Tel. Co. 313.72 11 CC-10000711 000031283 30-0ct-07 Best Travel 650.47 11 CC-10000911 30-0ct-07 Best Travel 183.15 11 CC-10001311 40439 16-Nov-07 Control & Analytical Lab., Inc. 7,879.47 11 CC-10001511 40448 16-Nov-07 C.S. Bracamonte 11 CC-10003711 1175 20-Nov-07 First Analytical Serv. & Tech. Coop. 47.46 11 CC-10006311 5-Nov-07 Harty Incorporated Phils. 427.14 IICC-10008411 468 16-Nov-07 Lino Bon Arriaga Customs Brokerage 3,618.00 11 CC-10011711 33694 30-0ct-07 Metro Meter Office Furniture Trading 1,816.17 11 CC-10012011 16-Nov-07 Mich-cel Motors 10,166.40 11 CC-10012411 348 17-Nov-07 Mr. Bugmaster, Inc. 52,232.14 11 CC-10018411 0044 16-0ct-07 Rejoice Tyre Gallery & Auto Center 12,259.62 11 CC-10018711 0288 9-Nov-07 Rejoice Tyre Gallery & Auto Center 6,116.24 11 CC-10020911 0905 9-Nov-07 Sards Construction 4,320.00 11 CC-100213 11 2882 8-Nov-07 Stellite Commercial, Inc. 1,714.28 11 CC-10020911 0113 9-Nov-07 TCS Manpower Services, Inc. 171.43 11 CC-10021811 0116 5-Nov-07 Toyota Batangas City, Inc. 96.43 11 CC-10022011 0074 16-Nov-07 Transmodal International, Inc. 33,600.00 11 CC-100223 11 20093 22-0ct-07 Tricorn Dynamics, Inc. 144.11 IICC-100241 II 6763 19-0ct-07 Welltech Service Corporation 26,419.41 11 CC-10024511 140756 9-Nov-07 Welltech Service Corporation 48.00 11 CC-10024711 47276 30-0ct-07 Worldbest Logistics Phils., Inc. 592.78 11 CC-10025311 154748 5-Nov-07 Airfreight 2100, Inc. 4,516.17 11 CC-10027411 14991 19-0ct-07 Centerlane Car Rental Services 4,200.00 11 CC-100303 11 15109 19-0ct-07 Manabat Delgado Amper & Co. 1,767.86 11 CC-100325 11 0079 30-0ct-07 Toyota Makati, Inc. 1,956.27 IICC-100328 11 150794 30-0ct-07 Toyota Makati, Inc. IICC-10033011 4716 22-Nov-07 Toyota Makati, Inc. 7.60 11 CC-10033211 9268 26-0ct-07 Universal Holidays, Inc. 3,261.84 IICC-100086 11 31225 9-Nov-07 Lino Bon Arriaga Customs Brokerage 11,880.00 11 CC-100067 11 31224 31-0ct-07 Intellicare 11 CC-100071 11 31599 16-0ct-07 La Corona De Pagsanjan Resort 175.80 11 CC-100076 11 384525 31-0ct-07 La Corona De Pagsanjan Resort 114.00 11 CC-10007211 0042 31-0ct-07 La Corona De Pagsanjan Resort 11 CC-10007411 58503 9-Nov-07 La Corona De Pagsanjan Resort 48.00 11 CC-10023911 15788 9-Nov-07 Wellcross Freight Corp. 96.86 11 CC-100197 11 15836 25-0ct-07 Santos Telephone Corp. 2,848.59 15835 Tantoco Villanueva De Guzman & Llamas Law 248.24 11 CC-100323 11 15880 9-Nov-07 Offices 2,129.82 11 CC-10045011 504 11-0ct-07 Hermaco Commercial 1,013.10 11 CC-110103 11 37416 6-Dec-07 Lagos Del Sol Resort Hotel, Inc. 901.02 11 CC-11011611 20-Nov-07 Masigasig Security & Manpower Agency, Inc. 1,467.05 11 CC-11014211 0725 19-Nov-07 Phil. Long Distance Tel. Co. 7,857.78 11 CC-11014511 55963 19-Nov-07 Phil. Long Distance Tel. Co. 235.71 11 CC-110147 11 20308 19-Nov-07 Phil. Long Distance Tel. Co. IICC-110149 11 3698 19-Nov-07 Phil. Long Distance Tel. Co. 10,747.20 11 CC-110151 11 000033596 19-Nov-07 Phil. Long Distance Tel. Co. 6,489.64 11 CC-110153 11 000033628 19-Nov-07 Phil. Long Distance Tel. Co. 14,345.42 11 CC-110155 11 000033629 19-Nov-07 Phil. Long Distance Tel. Co. 86,375.62 11 CC-110157 11 000033630 19-Nov-07 Phil. Long Distance Tel. Co. 11 CC-110161 11 000033631 19-Nov-07 Phil. Long Distance Tel. Co. 864.00 11 CC-110163 11 000033632 19-Nov-07 Phil. Long Distance Tel. Co. 133.63 11 CC-110165 11 000033633 19-Nov-07 Phil. Long Distance Tel. Co. 260.14 IICC-110167 11 000033634 19-Nov-07 Phil. Long Distance Tel. Co. 273.68 IICC-110169 11 000033636 19-Nov-07 Phil. Long Distance Tel. Co. 307.98 11CC-110171 II 000033637 19-Nov-07 Phil. Long Distance Tel. Co. 335.93 11 CC-110173 11 000033638 19-Nov-07 Phil. Long Distance Tel. Co. 137.51 11 CC-110175 11 000033639 19-Nov-07 Phil. Long Distance Tel. Co. 135.87 000033640 399.86 000033641 1,573.95 000033642 153.87 000033643 515.03 835.76 225.46 159.21 8,070.77 ~

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed "CC-110179" O.R.No. 4-Dec-07 RC Ventures Input VAT "CC-110181" 26-Nov-07 Rejoice Tyre Gallery & Auto Center "CC-110397" 0551 5-Nov-07 Phil. Environmental & Tech. Syst. & Serv. Inc. 23,995.35 "CC-110398" 0118 5-Nov-07 Phil. Environmental & Tech. Syst. & Serv. Inc. 278.57 "CC-110420" 4088 22-0ct-07 Veesafe Industrial Sales "CC-110159" 4089 19-Nov-07 Phil. Long Distance Tel. Co. 2,892.86 "CC-110432" 0154 21-Nov-07 Roadstar Enterprises 1,928.57 "CC-110009" 000033635 29-Nov-07 Chempro Analytical Serv. Lab., Inc. 87,803.57 "CC-110011" 31124 19-Nov-07 Creative Response "CC-110028" 5751 20-Nov-07 Expertline Ventures Corp. 412.83 "CC-110031" 6775 7-Dec-07 Firstly & Foremost Resort Corp. 2,318.68 "CC-110033" 2953 21-Nov-07 First Phils. Skills & Equipt. Testing Corp. 6,428.57 "CC-110038" 0301 27-Nov-07 Fuji Xerox Philippines, Inc. 4,432.80 "CC-110079" 1045 19-Nov-07 Government Performance Magazine 22,680.00 "CC-110081" 62486 5-Dec-07 Harty Incorporated Phils. 1,064.61 "CC-110083" 0387 23-Nov-07 Hearth & Hastings Phils., Inc. 25,560.00 "CC-110088" 349 7-Dec-07 High Grip Auto Center "CC-110094" 4347 14-Dec-07 Kinden Philippines Corporation 59.34 "CC-110096" 2427 10-Dec-07 KPI Elevators, Inc. 1,060.71 "CC-110098" 4374 10-Dec-07 KPI Elevators, Inc. 52,232.14 "CC-110101" 10971 28-Nov-07 La Corona De Pagsanjan Resort 2,571.43 "CC-110125" 10972 28-Dec-07 Multi-Lift Sales Corporation "CC-110134" 15935 28-Nov-07 Pagsanjan Rapids Hotel, Inc. 171.43 "CC-110177" 0974 26-Dec-07 Punongbayan & Araullo 8,265.00 "CC-110202" 103830 28-Nov-07 Toyota Batangas City, Inc. 7,519.42 "CC-110205" 97032 14-Dec-07 Toyota Batangas City, Inc. 7,811.46 "CC-110207" 142601 3-Dec-07 Toyota Makati, Inc. 2,864.40 "CC-110216" 142790 19-Dec-07 Water-Lite Engineering 10,200.00 "CC-110278" 31750 26-Dec-07 Punongbayan & Araullo "CC-11 0289" 0333 5-Dec-07 Toyota Makati, Inc. 880.84 "CC-110291" 97031 22-Nov-07 Toyota Makati, Inc. 2,052.00 "CC-110294" 31811 3-Dec-07 Toyota Makati, Inc. "CC-110199" 31598 20-Nov-07 Toyota Batangas City, Inc. 15.00 31761 Tantoco Villanueva De Guzman & Llamas Law 114.00 140976 7-Dec-07 Offices 205.80 29-Nov-07 Santos Telephone Corp. 1,821.43 "CC-110287" 741 19-Dec-07 Digital Tel. Phils., Inc. 1,200.00 "CC-110189" 37724 19-Dec-07 Digital Tel. Phils., Inc. 214.29 "CC-120004" SXL-032755 28-Dec-07 Micro Lynx Systems Enterprises 138.00 "CC-120008" SXL-032757 28-Dec-07 Micro Lynx Systems Enterprises 114.00 "CC-120081" 0049 20-Dec-07 Phil. Long Distance Tel. Co. 1,218.86 "CC-120083" 0048 19-Dec-07 MFT International Corporation "CC-120109" 000036572 19-Dec-07 Firstly & Foremost Resort Corp. 2,340.00 "CC-120322" 3923 13-Dec-07 Hearth & Hastings Phils., Inc. 235.71 "CC-120021" 0306 14-Dec-07 MSD Power and Trading, Inc. 61.89 "CC-120060" 4358 28-Dec-07 Sards Construction 414.00 "CC-120085" 0063 5-Dec-07 DHL Express (Philippines) Corp. "CC-120130" 0078 6-Dec-07 Masigasig Security & Manpower Agency, Inc. 9,235.74 "CC-120149" 928479 19-Dec-07 Masigasig Security & Manpower Agency, Inc. 59,975.44 "CC-120166" 3756 26-Dec-07 Punongbayan & Araullo "CC-120171" 3762 21-Dec-07 Universal Holidays, Inc. 864.00 "CC-120182" 97029 20-Dec-07 Viking Cars, Incorporated 12,284.06 "CC-120201" 390855 20-Dec-07 JJLL Trading "CC-120149" 048658 28-Dec-07 Santos Telephone Corp. 1,377.84 "CC-120319" 0004 23,673.22 "CC-120126" 37924 9,557.14 2. Stamped as zero-rated sales 95,357.14 "CC-120262" 12554 21-Nov-07 Compresstech Resources, Inc. 33.60 86,397.84 3. Not a source ofvalid input tax 86,308.99 "CC-110036" 32771 24-Nov-07 Ford Global City Auto Sales, Inc. 1,200.00 181.50 4. Official receipt presented does not pertain to the transaction 797.80 "CC-070369" 0529 31-Tul-07 _[_\l"~s Marketing 1,542.86 235.71 1,283.18 720.00 5,040.00 ~

AMENDED DECISION CTA CASE NO. 7887 Exhibit Invoice/ Date Vendor Disallowed "CC-090205" O.R.No. 26-Sep-07 C.S. Bracamonte Input VAT "CC-010318" 9-Jan-07 Welltech Service Corporation 0179 1,562.17 I 13871 1,008.00 --- Total Php 6,200,578.92 In fine, Petitioner sufficiently proved its entitlement to the issuance of a tax credit certificate representing unutilized excess input VAT attributable to zero-rated sales/receipts only to the extent of Php41,131,185.33, as computed below: Claimed Excess Input VAT Php 58,802,851.18 Less: Disallowances 11,422,363.28 Per ICPA 6,200,578.92 Per Court Valid Excess Input VAT Php 41,179,908.98 Multiply by total valid zero-rated sales/receipts 5,735,752,769.57 Divide by total declared zero-rated sales/receipts 5, 742,54 7,292.51 Refundable Excess Input VAT Attributable to Valid Zero-Rated Sales/Receipts Php 41,131,185.33 Consequently, Petitioner's "Motion for Reconsideration" is GRANTED. Accordingly, the dispositive portion of our Decision dated June 06, 2017 is AMENDED to read, as follows: WHEREFORE, premises considered, the Petition for Review is GRANTED. Accordingly, Respondent Commissioner of Internal Revenue is hereby ORDERED TO ISSUE A TAX CREDIT CERTIFICATE in favor of Petitioner in the amount of Php41,131,185.33, representing its unutilized input value-added taxes on its local purchases and/or importation of goods and services, capital goods and payments for services rendered by non- residents, attributable to its zero-rated sales for the period January 1, 2007 to December 31, 2007. SO ORDERED. ~. ~ ,.! ' - MA. BELEN M. RINGPIS-LIBAN Associate Justice

AMENDED DECISION CTA CASE NO. 7887 WE CONCUR: LOVELLr BAUTISTA Asso-ciate Justice ATTESTATION I attest that the conclusions in the above decision were reached in consultation before the case was assigned to the writer of the opinion of the Court. LOVEura. BAUTISTA Associate Justice Chairperson CERTIFICATION Pursuant to Article VIII, Section 13 of the Constitution, and the Division's Chairperson's Attestation, it is hereby certified that the conclusions in the above Decision were reached in consultation before the case was assigned to the writer of the opinion of the Court. ~ANIT~ gc~~.(JR. Acting Presiding justice