Air Liquide Phils., Inc. v. Commissioner of Internal Revenue

THIRD DIVISION [C.T.A. CASE NOS. 8259 & 8296. May 27, 2015] AIR LIQUIDE PHILIPPINES, INC. , petitioner , vs. COMMISSIONER OF INTERNAL REVENUE , respondent . DECISION RINGPIS-LIBAN , J p : Before the Court are consolidated Petitions for Review under Section 3 (a) (2) of Rule 4 of the 2005 Revised Rules of the Court of Tax Appeals (RRCTA), as amended, and pursuant to Section 112 (c) of the National Internal Revenue Code (Tax Code), for the refund/issuance of tax credit certificates for the excess and unutilized input value-added tax (VAT) accrued by the petitioner from its domestic purchases of goods and services attributable to VAT zero-rated sales for the first and second quarters of calendar year 2009 in the aggregate amount of P18,824,845.60, broken down as follows: CTA Case No. Period Covered Input VAT Claim 8259 1st Quarter-2009 P10,303,119.23 1 8296 2nd Quarter-2009 8,521,726.37 2 Total P18,824,845.60 ============ Petitioner filed its Petition for Review seeking refund for the first quarter of 2009 on April 1, 2011, docketed as CTA Case No. 8259. Petitioner's Petition for Review for the second quarter of 2009 was filed on June 21, 2011, docketed as CTA Case No. 8296. These cases were ordered consolidated by this Court upon petitioner's motion on October 27, 2011. THE PARTIES The petitioner is a domestic corporation duly registered with and authorized by the Securities and Exchange Commission (SEC) to engage in the manufacture, production, purchase, wholesale, importation, marketing and dealing in general of all kinds of industrial, medical and specialty liquid gases, other chemicals and their residual components. 3 Petitioner's principal place of business is currently at 12/F Ecotower Building, 32nd Avenue cor. 7th Street, Bonifacio Global City, Taguig City. The respondent is the duly-appointed Commissioner of the Bureau of Internal Revenue (BIR), vested with authority to, inter alia , decide refunds of internal revenue taxes, fees or other charges, penalties imposed in relation thereto, or other matters arising under the National Internal Revenue Code or other laws administered by the BIR, and holding office at the BIR National Office Building, Diliman, Quezon City. JURISDICTIONAL FACTS Section 112 (A) of the Tax Code states that: " SEC. 112. Refunds or Tax Credits of Input Tax. (A) Zero-Rated or Effectively Zero-Rated Sales . Any VAT-registered person, whose sales are zero-rated or effectively zero-rated may, within two (2) years after the close of the taxable quarter when the sales were made, apply for the issuance of a tax credit certificate or refund of creditable input tax due or paid attributable to such sales, except transitional input tax, to the extent that such input tax has not been applied against output tax: . . ." As explicitly stated under Section 112 (A), the application for tax credit certificate/refund of unutilized excess input VAT must be filed within two years after the close of the taxable quarter when the zero-rated or effectively zero-rated sales were made. In the instant case, the claims cover the first and second quarters of 2009 which closed on March 31, 2009 and June 30, 2009, respectively. Counting two years from the said dates, petitioner had until March 31, 2011 and June 30, 2011, respectively, within which to file its administrative claims for refund/tax credit certificate. Evidently, petitioner's administrative claims for refund/tax credit certificate were seasonably filed within two years from the close of the taxable quarters, as shown below: CTA Case Period Close of the Last Day to File Date of Filing of No. Covered Taxable Administrative Administrative Quarter Claim Claim 8259 1st Qtr-2009 March 31, 2009 March 31, 2011 Nov. 5, 2010 4 8296 2nd Qtr-2009 June 30, 2009 June 30, 2011 Jan. 27, 2011 5 As to the timeliness of petitioner's judicial appeal, Section 112 (C) of the Tax Code, as amended, provides as follows: " SEC. 112. Refunds or Tax Credits of Input Tax . . . . (C) Period within which Refund or Tax Credit of Input Taxes shall be Made . In proper cases, the Commissioner shall grant a refund or issue the tax credit certificate for creditable input taxes within one hundred twenty (120) days from the date of submission of complete documents in support of the application filed in accordance with Subsection (A) hereof. In case of full or partial denial of the claim for tax refund or tax credit, or the failure on the part of the Commissioner to act on the application within the period prescribed above, the taxpayer affected may, within thirty (30) days from the receipt of the decision denying the claim or after the expiration of the one hundred twenty day-period, appeal the decision or the unacted claim with the Court of Tax Appeals." The foregoing provision provides that the CIR has 120 days from the date of submission of complete documents in support of the application for refund/tax credit within which to grant or deny the claim. In case of full or partial denial by the CIR or the inability of the CIR to act on the claim within the 120-day period, the taxpayer may appeal with this Court within 30 days from receipt of the adverse decision or the expiration of the 120-day period without any action on the part of the CIR. Thus, applying Section 112 (C) of the Tax Code, as amended, the following are the pertinent dates in petitioner's claim for refund/tax credit certificate: CTA Taxable Date of Filing End of 120 days End of 30 days Date of Filing Case Quarter of Administrative for the BIR from the of Judicial No. 2009 Claim Commissioner to expiration of the Claim decide on the 120 days claim 8259 1st Quarter Nov. 5, 2010 March 5, 2011 April 4, 2011 April 1, 2011 8296 2nd Quarter Jan. 27, 2011 May 27, 2011 June 26, 2011 June 21, 2011 Clearly from the above, petitioner's judicial claims for the first and second quarters of 2009 were timely filed within the "120-30" day period required under Section 112 (C) of the NIRC of 1997, as amended. The consolidated Petitions for Review are therefore well within the jurisdiction of the Court. FACTUAL ANTECEDENTS In the course of its operations, petitioner generates VATable, VAT-exempt, and VAT zero-rated sales by selling its products and rendering related services to various domestic entities, including corporations registered with the Philippine Economic Zone Authority (PEZA) under Republic Act (RA) No. 7916, 6 as amended, with the Subic Bay Metropolitan Authority (SBMA) under RA 7227, 7 as amended, and with the Board of Investments (BOI) under Executive Order (EO) No. 226, 8 with whom petitioner deals with pursuant to service agreements. 9 For the first and second quarters of 2009, petitioner recorded its VATable, VAT-exempt, and VAT zero-rated sales in the following amounts: CY2009 VATable sales VAT-exempt VAT zero-rated TOTAL SALES sales sales First Quarter P64,069,544.00 P1,068,794.40 P145,334,264.90 P210,472,603.30 Second Quarter 83,724,354.42 1,263,093.64 159,178,836.06 244,166,284.12 TOTAL P147,793,898.42 P2,331,888.04 P304,513,100.96 P454,638,887.42 ============ =========== ============ ============ For the same period, petitioner recorded the following amounts of output VAT resulting from its VATable sales, pursuant to the Tax Code and Revenue Regulations (RR) No. 16-2005, as amended: CY2009 Output VAT recorded First Quarter P7,688,345.28 Second Quarter 10,046,922.53 TOTAL P17,735,267.81 ============ As a corporation transacting business in the Philippines, petitioner pays the VAT passed on to it by its suppliers for its domestic purchases of supplies and services, in addition to the VAT it pays for importing materials, thereby incurring input VAT pursuant to the Tax Code and RR No. 16-2005. Thus, for the first and second quarters of 2009, petitioner recorded the following amounts of input VAT: CY2009 Input VAT Input VAT Input VAT TOTAL from domestic from domestic from INPUT VAT purchases of purchases of importation of goods services goods First Quarter P2,441,526.42 P8,893,809.49 P3,011,079.00 P14,346,414.91 Second Quarter 1,963,791.28 9,334,403.67 1,773,381.10 13,071,576.05 TOTAL P4,405,317.70 P18,228,213.16 P4,784,460.10 P27,417,990.96 =========== =========== ========== =========== At the start of the first quarter of 2009, petitioner recorded an allowable input VAT in the amount of P184,190,750.03 which was comprised of input VAT carried over from previous quarters and deferred input VAT. 10 By the end of the second quarter of 2009 (start of the third quarter of 2009), petitioner recorded an allowable input VAT in the amount of P191,908,928.75 which likewise was comprised of input VAT carried over from previous quarters and deferred input VAT. 11 Considering the availability of input VAT carried over from previous quarters, petitioner also carried-over the input VAT it incurred from the first and second quarters of 2009 to succeeding quarters, deducting them from any available output VAT, pursuant to the principle of "first in, first out" enunciated in RR No. 16-2005. By the third quarter of 2009, however, petitioner's carry-over input VAT had already grown considerably, and petitioner decided to claim the unutilized input VAT from the first quarter of 2009 as tax credit or for refund. Thus, petitioner indicated in its Amended Quarterly VAT Return for the third quarter of 2010 that it was claiming P10,303,119.23 for refund/tax credit, thereby taking out the amount from the bulk of input VAT to be carried-over to succeeding quarters. Also, by the fourth quarter of 2010, petitioner decided to claim the unutilized input VAT from the second quarter of 2009 as tax credit or for refund by indicating in its Quarterly VAT Return for the fourth quarter of 2010 12 that it was claiming P8,521,726.37 for refund/tax credit, thereby taking out the amount from the bulk of input VAT to be carried-over to succeeding quarters. Combining both amounts, petitioner claims a total of P18,824,845.60 representing excess and unutilized input VAT from the first and second quarters of 2009 attributable to its VAT zero-rated sales. Pursuant to the Tax Code and prevailing BIR regulations, petitioner filed its administrative applications for issuance of tax credit certificate/refund of excess input tax for the first and second quarters of 2009, with the BIR's Large Taxpayers Audit and Investigation Division II (BIR-LTAID). The application for the first quarter of 2009 was filed with the BIR-LTAID on November 5, 2010, complete with supporting documents. 13 The application for the second quarter of 2009 was filed with the BIR-LTAID on January 27, 2011, complete with supporting documents. 14 After 120 days without action on respondent's part, petitioner elevated its claims for refund/tax credit to this Court via Petitions for Review. Its Petition for Review for its claim for the first quarter of 2009 was filed on April 1, 2011 and was docketed as CTA Case No. 8259. Its Petition for Review for its claim for the second quarter of 2009 was filed on June 21, 2011, and was docketed as CTA Case No. 8296. Respondent filed her Answer in CTA Case No. 8259 on May 27, 2011, after having sought extension to file the same. Her Answer in CTA Case No. 8296, on the other hand, was filed on July 21, 2011. Both cited the following Special and Affirmative Defenses: 1. A valid claim for refund should consist of the following: a. a written claim for refund filed by the taxpayer with the Commissioner of Internal Revenue which is a mandatory requirement. Without this requirement, the CIR is without any authority to refund; 15 b. the claim for refund must be a categorical demand for reimbursement; and c. The claim for refund must be filed within two years from date of payment of the tax or penalty regardless of any supervening cause. In claims for refund, the thirty-day period to appeal should be within the two-year prescriptive period; 16 2. It is incumbent upon petitioner to prove that the alleged claim for refund was filed within the prescriptive period provided under the law, rules, and jurisprudence; 3. Petitioner must prove that the input taxes allegedly paid by petitioner on its domestic purchases of non-capital goods and service, services rendered by non-residents and importation of non-capital goods for the first and second quarters of 2009 were attributable to its zero-rated sales and such have not been applied against any output tax and were not carried over in the succeeding taxable quarter or quarters; 4. Petitioner must prove that its domestic purchases of goods and services were made in the course of its trade or business, properly supported by VAT invoices and/or official receipts and other documents, such as subsidiary purchase journal, showing that it actually paid VAT in compliance with Sections 110 (A) (2), 113 (A) and 237 of the Tax Code, and in pursuance to Section 4.104.5 (a) and (b) of RR No. 7-95; 5. Petitioner must substantiate its claim for refund in accordance with RR No. 53-1998 17 which provides requirements in claims for refund involving excess or unutilized input VAT; 6. Petitioner's claim for refund is subject to administrative investigation/examination and pending closure of this investigation, no grant of refund may be given to petitioner based on the filed claim; and 7. A claim for refund partakes the nature of exemption from taxation and is thus, construed against the taxpayer and in favor of the State. Upon petitioner's motion, CTA Case No. 8296 was ordered consolidated with CTA Case No. 8259 in a Resolution issued on October 27, 2011. The Pre-trial Conference was held on July 12, 2012 wherein both petitioner and respondent agreed to file a joint stipulation of facts and issues. Both parties filed their Joint Stipulation of Facts and Issues on August 10, 2012. The Pre-Trial Order for these consolidated cases was issued on September 10, 2012, thereby terminating the pre-trial. Trial ensued thereafter. Petitioner presented its witnesses: 1) Leah R. Acasio, its Accounting Manager, who testified on matters in her sworn statement dated October 3, 2012; 18 2) Daisy C. Egpit, its Sales Administration Assistant Manager, who testified on matters in her sworn statement dated April 24, 2013; and 3) Emmanuel Y. Mendoza, the Independent CPA commissioned by the Court for the consolidated cases who testified on matters in his sworn statement dated May 27, 2013. On June 19, 2013, petitioner filed its Formal Offer of Evidence to which respondent filed her Comment on June 25, 2013. After further proceedings and after having filed its Supplemental Formal Offer of Exhibits on November 5, 2013, petitioner formally rested its case on January 3, 2014. Respondent then manifested that she would not be presenting evidence. In a Resolution dated January 3, 2014, the parties were given time to file their respective memoranda. On February 28, 2014, respondent filed her Manifestation that she would be adopting the arguments raised in her Answers filed on May 27, 2011, and July 21, 2011, in CTA Case No. 8259 and CTA Case No. 8296, respectively, as her Memorandum. Petitioner filed its Memorandum 19 on March 11, 2014, together with a Motion to Admit the same for having been filed beyond the extended period allowed by the Court. This was granted in a Resolution dated May 19, 2014. Considering the petitioner's Memorandum and respondent's Manifestation, the case was then submitted for decision. ISSUES 20 The parties stipulated that the sole issue to be resolved in this case is: Whether petitioner is entitled to the refund or issuance of a tax credit certificate for its unutilized/excess input VAT payments for the 1st and 2nd Quarters of 2009 amounting to P18,824,845.60. APPLICABLE LAWS AND REGULATIONS The laws applicable to the case are the relevant provisions of the NIRC of 1997, as amended in 2005 by R.A. No. 9337, and as implemented by administrative issuances, notably Revenue Regulations 16-2005. DISCUSSION Petitioner's claim finds legal basis in Section 112 (A) of the Tax Code, as amended, which provides: " SEC. 112. Refunds or Tax Credits of Input Tax . (A) Zero-rated or Effectively Zero-rated Sales. Any VAT-registered person, whose sales are zero-rated or effectively zero-rated may, within two (2) years after the close of the taxable quarter when the sales were made, apply for the issuance of a tax credit certificate or refund of creditable input tax due or paid attributable to such sales, except transitional input tax, to the extent that such input tax has not been applied against output tax: Provided, however , That in the case of zero-rated sales under Section 106 (A) (2) (a) (1), (2) and (b) and Section 108 (B) (1) and (2), the acceptable foreign currency exchange proceeds thereof had been duly accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas (BSP): Provided, further , That where the taxpayer is engaged in zero-rated or effectively zero-rated sale and also in taxable or exempt sale of goods or properties or services, and the amount of creditable input tax due or paid cannot be directly and entirely attributed to any one of the transactions, it shall be allocated proportionately on the basis of the volume of sales: Provided, finally , That for a person making sales that are zero-rated under Section 108(B)(6), the input taxes shall be allocated ratably between his zero-rated and nonzero-rated sales. xxx xxx xxx From the foregoing, in order to be entitled to a refund or tax credit of input tax due or paid attributable to zero-rated or effectively zero-rated sales, the following requisites must be complied with: a) the taxpayer is VAT-registered; b) the taxpayer is engaged in zero-rated or effectively zero-rated sales; c) the input taxes are due or paid; d) the input taxes are not transitional input taxes; e) the input taxes have not been applied against output taxes during and in the succeeding quarters; f) the input taxes claimed are attributable to zero-rated or effectively zero-rated sales; g) for zero-rated sales under Sections 106 (A) (2) (1) and (2); 106 (B); and 108 (B) (1) and (2), the acceptable foreign currency exchange proceeds have been duly accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas; h) where there are both zero-rated or effectively zero-rated sales and taxable or exempt sales, and the input taxes cannot be directly and entirely attributable to any of these sales, the input taxes shall be proportionately allocated on the basis of sales volume; and i) the claim is filed within two years after the close of the taxable quarter when such sales were made. 21 We have already discussed the timeliness of petitioner's administrative claims in the "Jurisdictional Facts" portion of this Decision. We will now determine petitioner's compliance with the remaining requisites for refund of input VAT. It is undisputed that petitioner is registered with the BIR as a VAT entity under Certificate of Registration No. OCN 8RC0000019634. 22 It is also duly registered with the SEC to engage in the manufacture, production, purchase, wholesale, importation, marketing and generally deal in all kinds of industrial, medical and specialty liquid gases, other chemicals and their residual components. 23 For the first and second quarters of taxable year 2009, petitioner allegedly sold its products and rendered related services to entities registered with the PEZA, SBMA, and BOI. Petitioner posits that such sales of goods and related services, being considered export sales under RA No. 7916, RA No. 7227 and EO No. 226, are subject to zero percent (0%) VAT under Sections 106 (A) (2) (a) (5) and 108 (B) (3) of the NIRC of 1997, as amended. For easy reference, Sections 106 (A) (2) (a) (5) and 108 (B) (3) of the NIRC of 1997, as amended, are quoted herein below: "SEC. 106. Value-Added Tax on Sale of Goods or Properties . (A) Rate and Base of Tax . There shall be levied, assessed and collected on every sale, barter or exchange of goods or properties, a value added tax equivalent to ten percent (10%) of the gross selling price or gross value in money of the goods or properties sold, bartered or exchanged, such tax to be paid by the seller or transferor: Provided , That the President, upon the recommendation of the Secretary of Finance, shall, effective January 1, 2006, raise the rate of value-added tax to twelve percent (12%), after any of the following conditions has been satisfied: xxx xxx xxx (2) The following sales by VAT-registered persons shall be subject to zero percent (0%) rate: (a) Export Sales . The term 'export sales' means: xxx xxx xxx (5) Those considered export sales under Executive Order No. 226, otherwise known as the Omnibus Investment Code of 1987, and other special laws ; and xxx xxx xxx "SEC. 108. Value-added Tax on Sale of Services and Use or Lease of Properties . xxx xxx xxx (B) Transactions Subject to Zero Percent (0%) Rate . The following services performed in the Philippines by VAT-registered persons shall be subject to zero percent (0%) rate: xxx xxx xxx "(3) Services rendered to persons or entities whose exemption under special laws or international agreements to which the Philippines is a signatory effectively subjects the supply of such services to zero percent (0%) rate ; (Emphasis supplied) We agree with petitioner. Sales by a VAT-registered taxpayer from the customs territory to entities located in export processing zones are considered export sales under EO No. 226, otherwise known as the "Omnibus Investments Code of 1987", the relevant portions of which, read as follows: " ARTICLE 23 . "Export Sales" shall mean the Philippine port F.O.B. value, determined from invoices, bills of lading, inward letters of credit, landing certificates, and other commercial documents, of exports products exported directly by a registered export producer or the net selling price of export products sold by a registered export producer to another export producer, or to an export trader that subsequently exports the same: Provided , That sales of export products to another producer or to an export trader shall only be deemed export sales when actually exported by the latter, as evidenced by landing certificates or similar commercial documents: Provided, further , That without actual exportation the following shall be considered constructively exported for purposes of this provision : (1) sales to bonded manufacturing warehouses of export-oriented manufacturers; (2) sales to export processing zones . . ." (Emphasis supplied) " ARTICLE 77. Tax Treatment of Merchandise in the Zone . (1) Except as otherwise provided in this Code, foreign and domestic merchandise, raw materials, supplies, articles, equipment, machineries, spare parts and wares of every description, except those prohibited by law, brought into the zone to be sold, stored, broken up, repacked, assembled, installed, sorted, cleaned, graded, or otherwise processed, manipulated, manufactured, mixed with foreign or domestic merchandise whether directly or indirectly related in such activity, shall not be subject to customs and internal revenue laws and regulations nor to local tax ordinances, the provisions of law to the contrary notwithstanding. "(2) Merchandise purchased by a registered zone enterprise from the customs territory and subsequently brought into the zone, shall be considered as export sales and the exporter thereof shall be entitled to the benefits allowed by law for such transaction . . . ." (Emphasis supplied) Since petitioner's sales of goods to entities located in export processing zones fall within the definition of "export sales" under EO No. 226, such sales are export sales contemplated by Section 106 (A) (2) (a) (5) of the Tax Code, as amended, that are subject to zero percent (0%) VAT. Moreover, RA No. 7916, otherwise known as "The Special Economic Zone Act of 1995", provides that ecozones are considered separate customs territory, and the business establishments operating within the ecozones are entitled to certain fiscal incentives. Sections 8 and 23 of RA No. 7916 provide: "SECTION 8. ECOZONE to be Operated and Managed as Separate Customs Territory . The ECOZONES shall be managed and operated by the PEZA as separate customs territory." xxx xxx xxx "SECTION 23. Fiscal Incentives . Business establishments operating within the ECOZONES shall be entitled to the fiscal incentives as provided for under Presidential Decree No. 66, the law creating the Export Processing Zone Authority, or those provided under Book VI of Executive Order No. 226, otherwise known as the Omnibus Investment Code of 1987." RA No. 7227, otherwise known as the "Bases Conversion and Development Act of 1992", provides a similar provision treating the Subic Special Economic Zone as a separate customs territory, thus: "SECTION 12. Subic Special Economic Zone . xxx xxx xxx (b) The Subic Special Economic Zone shall be operated and managed as a separate customs territory ensuring free flow or movement of goods and capital within, into and exported out of the Subic Special Economic Zone, as well as provide incentives such as tax and duty free importations of raw materials, capital and equipment. However, exportation or removal of goods from the territory of the Subic Special Economic Zone to the other parts of the Philippine territory shall be subject to customs duties and taxes under the Customs and Tariff Code and other relevant tax laws of the Philippines;" In Commissioner of Internal Revenue vs. Toshiba Information Equipment (Phils.), Inc. , 24 the Supreme Court explained in this wise: "This Court agrees, however, that PEZA-registered enterprises, which would necessarily be located within ECOZONES, are VAT-exempt entities, not because of Section 24 of Rep. Act No. 7916, as amended, which imposes the five percent (5%) preferential tax rate on gross income of PEZA-registered enterprises, in lieu of all taxes; but, rather, because of Section 8 of the same statute which establishes the fiction that ECOZONES are foreign territory. xxx xxx xxx Section 8 of Rep. Act No. 7916, as amended, mandates that the PEZA shall manage and operate the ECOZONES as a separate customs territory; thus, creating the fiction that the ECOZONE is a foreign territory. As a result, sales made by a supplier in the Customs Territory to a purchaser in the ECOZONE shall be treated as an exportation from the Customs Territory. Conversely, sales made by a supplier from the ECOZONE to a purchaser in the Customs Territory shall be considered as an importation into the Customs Territory . Given the preceding discussion, what would be the VAT implication of sales made by a supplier from the Customs Territory to an ECOZONE enterprise? The Philippine VAT system adheres to the Cross Border Doctrine , according to which, no VAT shall be imposed to form part of the cost of goods destined for consumption outside of the territorial border of the taxing authority. Hence, actual export of goods and services from the Philippines to a foreign country must be free of VAT ; while, those destined for use or consumption within the Philippines shall be imposed with ten percent (10%) VAT." (Emphasis supplied) Likewise, in Commissioner of Internal Revenue vs. Sekisui Jushi Philippines, Inc. , 25 the Supreme Court held that: "Notably, while an ecozone is geographically within the Philippines, it is deemed a separate customs territory and is regarded in law as foreign soil . Sales by suppliers from outside the borders of the ecozone to this separate customs territory are deemed as exports and treated as export sales. These sales are zero-rated or subject to a tax rate of zero percent ." (Emphasis supplied) With respect to sales by a VAT-registered supplier to a BOI-registered manufacturer/producer, Section 4.106-5 of RR No. 16-2005 provides: "SECTION 4.106-5. Zero-Rated Sales of Goods or Properties . A zero-rated sale of goods or properties (by a VAT-registered person) is a taxable transaction for VAT purposes, but shall not result in any output tax. However, the input tax on purchases of goods, properties or services, related to such zero-rated sale, shall be available as tax credit or refund in accordance with these Regulations. The following sales by VAT-registered persons shall be subject to zero percent (0%) rate: (a) Export sales. 'Export Sales' shall mean: xxx xxx xxx (5) Transactions considered export sales under Executive Order No. 226, otherwise known as the Omnibus Investments Code of 1987, and other special laws. Considered export sales under Executive Order No. 226 shall mean the Philippine port F.O.B. value determined from invoices, bills of lading, inward letters of credit, landing certificates, and other commercial documents, of export products exported directly by a registered export producer, or the net selling price of export products sold by a registered export producer to another export producer, or to an export trader that subsequently exports the same; Provided , That sales of export products to another producer or to an export trader shall only be deemed export sales when actually exported by the latter, as evidenced by landing certificates or similar commercial documents; Provided, further , That without actual exportation the following shall be considered constructively exported for purposes of these provisions: (1) sales to bonded manufacturing warehouses of export-oriented manufacturers; (2) sales to export processing zones; (3) sales to registered export traders operating bonded trading warehouses supplying raw materials in the manufacture of export products under guidelines to be set by the Board in consultation with the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC); (4) sales to diplomatic missions and other agencies and/or instrumentalities granted tax immunities, of locally manufactured, assembled or repacked products whether paid for in foreign currency or not. For purposes of zero-rating, the export sales of registered export traders shall include commission income. The exportation of goods on consignment shall not be deemed export sales until the export products consigned are in fact sold by the consignee; and Provided, finally , that sales of goods, properties or services made by a VAT-registered supplier to a BOI-registered manufacturer/producer whose products are 100% exported are considered export sales . A certification to this effect must be issued by the Board of Investment (BOI) which shall be good for one year unless subsequently re-issued by the BOI." (Emphasis supplied) Clearly, sales of goods to entities located in ECOZONES and those manufacturers/producers registered with BOI whose products are 100% exported are considered "export sales" subject to zero percent (0%) VAT rate pursuant to Section 106 (A) (2) (a) (5) of the Tax Code, as amended. Similarly, services rendered to entities registered with the PEZA and SBMA are subject to zero percent (0%) VAT rate pursuant to Section 108 (B) (3) of the Tax Code, as amended. In its Quarterly VAT Returns for the first and second quarters of taxable year 2009, petitioner reflected the amount of P304,513,100.96 as zero-rated sales/receipts, detailed as follows: Exhibit Taxable Quarter Zero-Rated of 2009 Sales/Receipts "I" 1st Quarter P145,334,264.90 "J" 2nd Quarter 159,178,836.06 Total P304,513,100.96 ============= To substantiate the aforestated zero-rated sales/receipts, petitioner presented the sales invoices 26 it issued to its clients for the subject period of claim, Certification 27 from PEZA dated November 26, 2010 attesting that the enterprises listed therein are registered with PEZA or were issued Certifications for 2009 VAT zero-rating, Certificates of Registration and Tax Exemption issued by SBMA on December 4, 2009 and March 5, 2009 to NIDEC Subic Philippines Corporation and HHIC-PHIL., INC., respectively, 28 Certification 29 issued by BOI on November 17, 2010 confirming that Shinkozan Corporation and Mindanao Silicon Metal Corp. were endorsed to the BIR for VAT zero-rated transactions within the validity periods indicated therein and the report 30 of the Court-commissioned Independent Certified Public Accountant (ICPA). However, only the reported zero-rated sales of goods in the amount of P147,412,764.25 is duly covered by PEZA and SBMA certifications, and VAT zero-rated sales invoices issued in accordance with Section 113 (A) (1) and (B) in relation to Section 106 (A) (2) (a) (5) of the Tax Code, as amended. Below is the breakdown of the amount of P147,412,764.25: 1st Quarter 2nd Quarter Total Zero-Rated Sales/Receipts per Returns P145,334,264.90 P159,178,836.06 P304,513,100.96 Less: Disallowances Per ICPA's findings: Sales supported by invoices without the word "zero-rated" printed on the invoices 31 in violation of Section 113 (B) (2) (c) of the NIRC of 1997, as amended P65,137,478.55 P70,127,430.89 P135,264,909.44 Sales supported by invoices dated outside the period of claim 32 1,556,385.22 - 1,556,385.22 Per this Court's further verification: 33 Sales of goods to PEZA/SBMA- registered entities not covered by the effectivity period or date of issuance of the PEZA/SBMA certification 9,014,165.90 151,812.31 9,165,978.21 Sales of goods to entities with cancelled PEZA Registration 260,620.00 309,500.00 570,120.00 Sale of goods to entities without VAT Zero-Rating Certification from PEZA 1,200,730.44 1,361,774.56 2,562,505.00 Sale of goods to entities not registered with PEZA/SBMA 3,764,984.30 3,524,473.99 7,289,458.29 Declared zero-rated rental income was not supported by VAT zero-rated official receipts (ORs) in violation of Section 113 (A) (2) of the NIRC of 1997, as amended 293,999.79 396,980.76 690,980.55 Total Disallowances P81,228,364.20 P75,871,972.51 P157,100,336.71 Valid Zero-Rated Sales P64,105,900.70 P83,306,863.55 P147,412,764.25 ============= ============= ============== Consequently, only the portion of the input VAT claim attributable to the valid zero-rated sales of P147,412,764.25 will be considered for refund. The rate to be applied is based on the valid zero-rated sales over the total amount of reported zero-rated sales/receipts, computed as follows: Taxable Year Exh. Total Valid Zero-Rated Ratio of Valid Zero- 2009 Sales/Receipts per Sales Rated Sales to Total Returns Sales/Receipts per Returns 1st Quarter "I" P210,472,603.30 P64,105,900.70 30.458074% 2nd Quarter "J" 244,166,284.12 83,306,863.55 34.118905% P454,638,887.42 P147,412,764.25 ============= ============ After having resolved that petitioner had VAT zero-rated sales for the subject period of claim in the total amount of P147,412,764.25, we proceed to the determination of whether petitioner incurred input taxes in connection thereto. Petitioner submitted various suppliers' official receipts, invoices, BOC Import Entry Internal Revenue Declarations (IEIRDs) and other documents 34 in support of the input taxes reflected in its Quarterly VAT Returns for the first and second quarters of 2009 in the aggregate sum of P27,417,990.96, broken down as follows: 1st Quarter 2nd Quarter Total Exhibit "I" Exhibit "J" Purchase of Capital Goods not exceeding P1Million P96,137.69 P79,825.71 P175,963.40 Purchase of Capital Goods exceeding P1Million 478,390.70 467,243.31 945,634.01 Domestic Purchase of Goods other than Capital Goods 1,866,998.03 1,416,722.26 3,283,720.29 Importation of Goods other than Capital Goods 3,011,079.00 1,773,381.10 4,784,460.10 Domestic Purchase of Services 8,893,809.49 9,334,403.67 18,228,213.16 Total P14,346,414.91 P13,071,576.05 P27,417,990.96 ============ ============ =========== Upon examination of the documents supporting petitioner's reported input VAT, the Court-commissioned ICPA firm, Mendoza Querido & Co., through its Partner, Mr. Emmanuel Y. Mendoza, noted the following findings: 35 Findings Services Goods Capital Importation Total Goods Exceeding P1Million Properly Substantiated 1. Input VAT on domestic purchases and importation supported by documents such as VAT ORs and VAT invoices, BOC IEIRD, BOC ORs and Bank ORs (Annexes A-1, A-2, A-3, A- 11, A-12, A-13 and A-14 of Exhibit "O 5 -1") a. First Quarter of 2009 P8,733,076.06 P959,314.77 P308,561.45 P2,221,486.00 P12,222,438.28 b. Second Quarter of 2009 7,596,977.99 1,406,113.00 470,393.31 1,572,026.10 11,045,510.40 Subtotal P16,330,054.05 P2,365,427.77 P778,954.76 P3,793,512.10 P23,267,948.68 Other Findings 1. Input VAT on domestic purchases of services supported by ORs with pre-printed Non-VAT/NV (Annex A-4 of Exhibit "O 5 - 1") a. First Quarter of 2009 10,709.56 - - - P10,709.56 b. Second Quarter of 2009 1,492.10 - - - 1,492.10 2. Input VAT on domestic purchases of services supported by documents such as invoices, statement of accounts, statements of charges, billing statements and credit memos (Annex A- 5 of Exhibit "O 5 -1") a. First Quarter of 2009 98,884.66 - - - 98,884.66 b. Second Quarter of 2009 92,158.63 - - - 92,158.63 3. Input VAT on domestic purchases of goods supported by documents such as ORs (Annex A-6 of Exhibit "O 5 -1") a. First Quarter of 2009 - 29,256.81 - - 29,256.81 4. Input VAT on domestic purchases and importation supported by documents dated outside the period of claim (Annexes A-7, A-8, A- 9 and A-16 of Exhibit "O 5 -1") a. First Quarter of 2009 23,087.73 924,115.10 P77,629.25 P292,331.00 1,417,163.08 b. Second Quarter of 2009 1,616,754.95 101,931.97 - - 1,718,686.92 5. Input VAT on importation wherein the amount of input VAT in supporting documents is lower than the amount of input VAT in schedule (Annex A-15 of Exhibit "O 5 - 1") a. Second Quarter of 2009 - - - 25,969.00 25,969.00 6. Input VAT on domestic purchases and importation with no available supporting documents (Annexes A-10 and A-17 of Exhibit "O 5 -1") a. First Quarter of 2009 - - - - 567,962.53 b. Second Quarter of 2009 - - - - 187,758.99 Subtotal P1,843,087.63 P1,055,303.88 P177,629.25 P318,300.00 P4,150,042.28 TOTAL P18,173,141.68 P3,420,731.65 P956,584.01 P4,111,812.10 P27,417,990.96 ============ ============ =========== ============ ============= Save for the amount of P25,969.00, the input taxes enumerated under the "Other Findings" shall be disallowed for not being properly substantiated by VAT invoices or official receipts in accordance with Sections 110 (A) and 113 (A) and (B) of the Tax Code, as amended, and as implemented by Sections 4.110-8 and 4.113-1 of RR No. 16-2005, as amended. With regard to the input taxes of P25,969.00 (item no. 5) pertaining to petitioner's importation wherein the input VAT per the supporting document is lower than the input VAT per schedule, only the difference in the amount of P250.00 shall be disallowed. Thus, of the P4,150,042.28 input taxes listed under the ICPA's "Other Findings", only the amount of P4,124,323.28 should be disallowed as computed below : Input Taxes listed under the ICPA's "Other Findings" P4,150,042.28 Less: Input taxes on importation wherein the input VAT per the supporting document is lower than the input VAT per schedule (Annex A-15 of Exhibit "O 5 -1") 25,969.00 Add: Difference between the input taxes on importation as reflected per the supporting document and per schedule (Annex A-15 of Exhibit "O 5 -1") 250.00 Disallowed Input VAT per ICPA's findings P4,124,323.28 ============ In addition, input taxes in the amount of P8,951,549.21, 36 detailed below, shall likewise be disallowed: Findings 1st Quarter 2nd Quarter Total Input VAT on domestic purchases of services supported by VAT official receipts but the VAT was not separately indicated in violation of Section 113(B)(2)(a) of the NIRC of 1997, as amended. P802,423.62 P1,762,443.30 P2,564,866.92 Input VAT on domestic purchases of goods (other than capital goods) supported by VAT sales invoices but the VAT was not separately indicated in violation of Section 113 (B) (2) (a) of the NIRC of 1997, as amended. 4,272.00 9,312.42 13,584.42 Input VAT on domestic purchases of services supported by documents other than VAT official receipts in violation of Section 113 (A) (2) of the NIRC of 1997, as amended. 1,554,736.94 1,766,183.32 3,320,920.26 Input VAT on domestic purchases of goods (other than capital goods) supported by documents other than VAT sales invoices in violation of Section 113 (A) (1) of the NIRC of 1997, as amended. - 10,037.00 10,037.00 Input VAT on domestic purchase of capital goods exceeding P1 million supported by documents other than VAT sales invoices in 28,308.78 - 28,308.78 violation of Section 113 (A) (1) of the NIRC of 1997, as amended. Input VAT on domestic purchase of services supported by undated official receipt in violation of Section 113 (B) (3) of the NIRC of 1997, as amended. 8,676.00 - 8,676.00 Input VAT on domestic purchases of goods (other than capital goods) supported by sales invoices but are not dated within the period of claim. 25,200.73 25,200.73 Input VAT on importation of goods (other than capital goods) supported only by BOC IEIRDs, which do not reflect an entry date and/or machine validation for the amount of customs duties and taxes paid in violation of Section 110 (A) (1) (b) of the NIRC of 1997, as amended and Section 4.110-8 (a) (1) of RR No. 16-05, as amended. 1,981,608.00 998,347.10 2,979,955.10 TOTAL P4,405,226.07 P4,546,323.14 P8,951,549.21 =========== ========== =========== Further, this Court observes that the ICPA accounted for the input tax on purchases of capital goods exceeding P1 million in the amount of P956,584.01 which is higher than the amount of P945,634.01 reflected in the petitioner's Quarterly VAT Returns, as shown below: 1st Quarter 2nd Quarter Total Input VAT on purchases of capital goods exceeding P1 million Per ICPA report P486,190.70 P470,393.31 P956,584.01 Per Quarterly VAT Returns 478,390.70 467,243.31 945,634.01 Difference P7,800.00 P3,150.00 P10,950.00 ========== ========= ========== Moreover, this Court notes that petitioner's input VAT from purchase of capital goods exceeding P1 million as declared in its Quarterly VAT Returns in the amount of P478,390.70 and P467,243.31 were being claimed in full. Considering the previously disallowed input tax, only the balance (net of disallowances per ICPA report and per this Court's findings) in the respective amounts of P272,452.67 and P470,393.31 for the first and second quarters of 2009 remain in the petitioner's claim, computed as follows: 1st Quarter 2nd Quarter Total Input VAT on purchase of capital goods exceeding 1 million per VAT returns P478,390.70 P467,243.31 P945,634.01 Less: Disallowances Per ICPA findings 177,629.25 - 177,629.25 Per this Court's further verification 28,308.78 - 28,308.78 Difference P272,452.67 P467,243.31 P739,695.98 =========== =========== ========== The amounts of P272,452.67 and P467,243.31 are broken down as follows: Exhibit Supplier's Name Invoice Date Input VAT First Quarter of 2009 January "UUU-1986" JM Brenton Industries 1/9/2009 P20,220.24 "UUU-1987" Samaritan Industrial Sales 1/1/2009 1,326.43 March "UUU-1988" Alliance Industrial Sales 2/5/2009 22,728.00 "UUU-1989" Coren Digital Prints 3/6/2009 2,142.85 "UUU-1990" F&A Industrial Sales 2/27/2009 964.28 "UUU-1991" Fairchild Process Controls 3/3/2009 50,460.00 "UUU-1992" Fairchild Process Controls 3/3/2009 4,752.00 "UUU-1993" Fairchild Process Controls 3/3/2009 5,940.00 "UUU-1994" Fairchild Process Controls 3/3/2009 5,940.00 "UUU-1995" Fairchild Process Controls 3/11/2009 16,680.00 "UUU-1996" Fairchild Process Controls 3/11/2009 20,400.00 "UUU-1997" Fairchild Process Controls 3/11/2009 10,200.00 "UUU-1998" Fairchild Process Controls 3/18/2009 19,800.00 "UUU-1999" Fairchild Process Controls 3/18/2009 5,760.00 "UUU-2000" Fairchild Process Controls 3/18/2009 12,948.00 "UUU-2001" General Electric Phils., Inc. 3/3/2009 17,182.80 "UUU-2002" Gilbilt Industrial Marketing 3/12/2009 1,317.86 "UUU-2003" Instrumentation & Control Specialist, Inc. 3/23/2009 8,940.00 "UUU-2004" MSJC Electrical & Construction Supply 3/17/2009 844.39 "UUU-2005" Niagara Industrial Equipment Corp. 2/17/2009 6,471.43 "UUU-2006" RS Components Limited 2/19/2009 1,670.76 "UUU-2007" Samaritan Industrial Sales 2/25/2009 2,154.60 "UUU-2008" Samaritan Industrial Sales 3/12/2009 1,623.54 "UUU-2009" Samaritan Industrial Sales 3/18/2009 1,840.70 "UUU-2010" Samaritan Industrial Sales 3/18/2009 832.26 "UUU-2011" Top Rigid Industrial Safety Supply, Inc. 2/24/2009 996.32 "UUU-2012" Top Rigid Industrial Safety Supply, Inc. 2/27/2009 1,469.70 "UUU-2013" Top Rigid Industrial Safety Supply, Inc. 3/2/2009 2,119.28 "UUU-2014" Top Rigid Industrial Safety Supply, Inc. 2/26/2009 1,851.46 "UUU-2015" Top Rigid Industrial Safety Supply, Inc. 3/7/2009 1,612.38 "UUU-2016" Top Rigid Industrial Safety Supply, Inc. 3/19/2009 5,298.22 "UUU-2017" Windshear International Philippines, Inc. 3/5/2009 3,672.00 "UUU-2018" Xtreme Heat Industrial Sales 2/2/2009 2,260.72 "UUU-2019" Yokogawa Phils., Inc. 2/16/2009 10,032.48 Subtotal P272,452.70 Second Quarter of 2009 May "UUU-2020" Fairchild Process Controls 5/5/2009 P8,640.00 "UUU-2021" Fairchild Process Controls 5/7/2009 5,640.00 "UUU-2022" Gateronics Elec. Components & Inst. 5/9/2009 2,445.21 Services "UUU-2023" Greenlee CP Electrical Corporation 5/18/2009 3,320.10 "UUU-2024" Greenlee CP Electrical Corporation 5/8/2009 13,280.40 "UUU-2025" K-Lite Systems Innovations, Inc. 5/8/2009 1,821.43 "UUU-2026" MH Poly Electromechs, Inc. 5/19/2009 3,307.20 "UUU-2027" Top Rigid Industrial Safety Supply, Inc. 5/7/2009 1,612.38 "UUU-2028" Top Rigid Industrial Safety Supply, Inc. 5/7/2009 3,163.24 "UUU-2029" Tork Philippines, Inc. 4/3/2009 1,420.71 "UUU-2030" Victor Hardware 4/27/2009 1,123.71 "UUU-2031" Windshear International Philippines, Inc. 4/28/2009 66,651.97 "UUU-2032" Yokogawa Phils., Inc. 5/21/2009 51,752.40 "UUU-2033" Yokogawa Phils., Inc. 5/14/2009 119,188.05 June "UUU-2034" Accent Micro Technologies, Inc. 5/19/2009 3,210.32 "UUU-2035" Belfer International Company 5/28/2009 2,868.20 "UUU-2036" Computer Support Center, Inc. 5/11/2009 4,773.21 "UUU-2037" Contronics Computer Center, Inc. 5/25/2009 4,178.57 "UUU-2038" Fairchild Process Controls 5/25/2009 3,000.00 "UUU-2039" Fairchild Process Controls 5/25/2009 5,568.00 "UUU-2040" Fairchild Process Controls 5/27/2009 19,008.00 "UUU-2041" K-Lite Systems Innovations, Inc. 6/1/2009 1,821.43 "UUU-2042" MH Poly Electromechs, Inc. 5/30/2009 900.00 "UUU-2043" Platinum International Supply, Inc. 4/30/2009 27,988.80 "UUU-2044" Platinum International Supply, Inc. 5/28/2009 31,206.00 "UUU-2045" Platinum International Supply, Inc. 6/9/2009 30,702.86 "UUU-2046" RPV Electro Technology Phils. Corp. 6/4/2009 24,107.98 "UUU-2047" Samaritan Industrial Sales 5/14/2009 7,639.26 "UUU-2048" Samaritan Industrial Sales 6/23/2009 5,211.42 "UUU-2049" Samaritan Industrial Sales 6/23/2009 1,055.35 "UUU-2050" Samaritan Industrial Sales 6/25/2009 2,836.07 "UUU-2051" South Manila V&F, Inc. 6/1/2009 3,679.02 "UUU-2052" South Manila V&F, Inc. 6/22/2009 332.22 "UUU-2053" Top Rigid Industrial Safety Supply, Inc. 6/11/2009 925.36 "UUU-2054" Top Rigid Industrial Safety Supply, Inc. 6/15/2009 1,221.43 "UUU-2055" Zenith Wire & Conduit, Inc. 3/21/2009 1,643.01 Subtotal P467,243.31 TOTAL P739,696.01 37 ========== Pursuant to Section 110 (A) of the Tax Code, as amended, input VAT claim on capital goods purchases attributable to zero-rated sales may be claimed either in full during the month of acquisition, or spread over a period of time, depending on the aggregate acquisition cost of the capital goods in the calendar month. If the aggregate acquisition cost exceeds P1Million, the claim for input tax should be spread over 60 months or the estimated useful life of the capital goods, whichever is shorter. On the other hand, if aggregate acquisition cost does not exceed P1Million, the total input taxes shall be allowed as credit/refund in the month of acquisition. Applying the provisions of Section 110 (A) to the present case, out of the P739,695.98 input VAT incurred by petitioner on capital goods exceeding P1 million, only the amounts of P13,622.64 and P12,510.17 are creditable or refundable for the first and second quarters of taxable year 2009, computed as follows: Exhibit Input Vat Useful Monthly Allowable Input Tax Life (in Input Tax 1st Quarter 2nd Quarter Months) 38 First Quarter of 2009 January "UUU-1986 P20,220.24 60 P337.00 P1,011.01 P1,011.01 "UUU-1987 1,326.43 60 22.11 66.32 66.32 March "UUU-1988 22,728.00 60 378.8 378.8 1,136.40 "UUU-1989 2,142.85 60 35.71 35.71 107.14 "UUU-1990 964.28 60 16.07 16.07 48.21 "UUU-1991 50,460.00 60 841 841 2,523.00 "UUU-1992 4,752.00 60 79.2 79.2 237.6 "UUU-1993 5,940.00 60 99 99 297 "UUU-1994 5,940.00 60 99 99 297 "UUU-1995 16,680.00 60 278 278 834 "UUU-1996 20,400.00 60 340 340 1,020.00 "UUU-1997 10,200.00 60 170 170 510 "UUU-1998 19,800.00 60 330 330 990 "UUU-1999 5,760.00 60 96 96 288 "UUU-2000 12,948.00 60 215.8 215.8 647.4 "UUU-2001 17,182.80 60 286.38 286.38 859.14 "UUU-2002 1,317.86 60 21.96 21.96 65.89 "UUU-2003 8,940.00 60 149 149 447 "UUU-2004 844.39 60 14.07 14.07 42.22 "UUU-2005 6,471.43 60 107.86 107.86 323.57 "UUU-2006 1,670.76 60 27.85 27.85 83.54 "UUU-2007 2,154.60 60 35.91 35.91 107.73 "UUU-2008 1,623.54 60 27.06 27.06 81.18 "UUU-2009 1,840.70 60 30.68 30.68 92.04 "UUU-2010 832.26 60 13.87 13.87 41.61 "UUU-2011 996.32 60 16.61 16.61 49.82 "UUU-2012 1,469.70 60 24.5 24.5 73.49 "UUU-2013 2,119.28 60 35.32 35.32 105.96 "UUU-2014 1,851.46 60 30.86 30.86 92.57 "UUU-2015 1,612.38 60 26.87 26.87 80.62 "UUU-2016 5,298.22 60 88.3 88.3 264.91 "UUU-2017 3,672.00 60 61.2 61.2 183.6 "UUU-2018 2,260.72 60 37.68 37.68 113.04 "UUU-2019 10,032.48 60 167.21 167.21 501.62 Subtotal 13,622.64 Second Quarter of 2009 May "UUU-2020 P8,640.00 60 P144.00 - P288.00 "UUU-2021 5,640.00 60 94 - 188 "UUU-2022 2,445.21 60 40.75 - 81.51 "UUU-2023 3,320.10 60 55.34 - 110.67 "UUU-2024 13,280.40 60 221.34 - 442.68 "UUU-2025 1,821.43 60 30.36 - 60.71 "UUU-2026 3,307.20 60 55.12 - 110.24 "UUU-2027 1,612.38 60 26.87 - 53.75 "UUU-2028 3,163.24 60 52.72 - 105.44 "UUU-2029 1,420.71 60 23.68 - 47.36 "UUU-2030 1,123.71 60 18.73 - 37.46 "UUU-2031 66,651.97 60 1,110.87 - 2,221.73 "UUU-2032 51,752.40 60 862.54 - 1,725.08 "UUU-2033 119,188.05 60 1,986.47 - 3,972.94 June "UUU-2034 3,210.32 60 53.51 - 53.51 "UUU-2035 2,868.20 60 47.8 - 47.8 "UUU-2036 4,773.21 60 79.55 - 79.55 "UUU-2037 4,178.57 60 69.64 - 69.64 "UUU-2038 3,000.00 60 50 - 50 "UUU-2039 5,568.00 60 92.8 - 92.8 "UUU-2040 19,008.00 60 316.8 - 316.8 "UUU-2041 1,821.43 60 30.36 - 30.36 "UUU-2042 900 60 15 - 15 "UUU-2043 27,988.80 60 466.48 - 466.48 "UUU-2044 31,206.00 60 520.1 - 520.1 "UUU-2045 30,702.86 60 511.71 - 511.71 "UUU-2046 24,107.98 60 401.8 - 401.8 "UUU-2047 7,639.26 60 127.32 - 127.32 "UUU-2048 5,211.42 60 86.86 - 86.86 "UUU-2049 1,055.35 60 17.59 - 17.59 "UUU-2050 2,836.07 60 47.27 - 47.27 "UUU-2051 3,679.02 60 61.32 - 61.32 "UUU-2052 332.22 60 5.54 - 5.54 "UUU-2053 925.36 60 15.42 - 15.42 "UUU-2054 1,221.43 60 20.36 - 20.36 "UUU-2055 1,643.01 60 27.38 - 27.38 Subtotal P12,510.17 TOTAL P26,132.80 ========= Proceeding from the aforesaid disallowances, out of petitioner's reported input VAT of P27,417,990.96, only the amount of P13,628,555.30, as computed below, represents petitioner's valid input VAT: 1st Quarter 2nd Quarter Total Input VAT per Quarterly VAT Returns P14,346,414.91 P13,071,576.05 P27,417,990.96 Less: Disallowances Per ICPA Findings P2,123,976.64 P2,000,346.64 P4,124,323.28 Per this Court's further verification 4,405,226.07 4,546,323.14 8,951,549.21 Input VAT on Purchase of Capital Goods exceeding P1 million 272,452.67 467,243.31 739,695.98 Less: Allowable Input Tax Credit for the period of claim (13,622.64) (12,510.17) (26,132.81) Total Disallowances P6,788,032.74 P7,001,402.92 P13,789,435.66 Substantiated Input VAT P7,558,382.17 P6,070,173.13 P13,628,555.30 =========== =========== ============ At this point, the Court took into consideration the output taxes reported by petitioner in its Quarterly VAT Returns for the first and second quarters of taxable year 2009 and compared the same with the foregoing substantiated input taxes, to wit: 1st Quarter 2nd Quarter Total Output Tax P7,688,345.28 39 P10,046,922.53 40 P17,735,267.81 Less: Valid Input Tax 7,558,382.17 6,070,173.13 13,628,555.30 Output Tax Still Due P129,963.11 P3,976,749.40 P4,106,712.51 =========== =========== =========== As shown above, petitioner's properly substantiated input taxes for the first and second quarters of 2009 are not enough to cover its output taxes for the same period. While petitioner reflected in its Quarterly VAT Return for the first quarter of 2009, the amount of P181,171,453.02 41 as "Input Tax Carried Over from Previous Quarter", this Court finds that petitioner failed to present VAT invoices or receipts to prove the existence of such amount. Hence, the input tax carry-over of P181,171,453.02 cannot be validly applied against petitioner's output tax pursuant to Section 110 (A) in relation to Section 110 (B) of the Tax Code, as amended, which states: "SEC. 110. Tax Credits . "A. Creditable Input Tax (1) Any input tax evidenced by a VAT invoice or official receipt issued in accordance with Section 113 hereof on the following transactions shall be creditable against the output tax: xxx xxx xxx (B) Excess Output or Input Tax . If at the end of any taxable quarter the output tax exceeds the input tax, the excess shall be paid by the Vat-registered person. If the input tax exceeds the output tax, the excess shall be carried over to the succeeding quarter or quarters." Considering that there is no excess input VAT which may be the subject of a claim for refund/tax credit certificate under Section 112 (A) of the Tax Code, as amended, the instant claim must be denied. WHEREFORE , premises considered, the consolidated petitions are DENIED for lack of merit. SO ORDERED . (SGD.) MA. BELEN M. RINGPIS-LIBAN Associate Justice Lovell R. Bautista and Esperanza R. Fabon-Victorino, JJ., concur. ANNEX A 4 Sales of goods to entities not registered with PEZA/SBMA First Quarter of 2009 January "XXX-93 13-Jan-09 Team Pacific Corporation 12,000.00 "XXX-217 26-Jan-09 Team Pacific Corporation 24,000.00 "XXX-281 31-Jan-09 Team Pacific Corporation 245,424.00 "XXX-282 31-Jan-09 Team Pacific Corporation 263,370.87 "XXX-317 31-Jan-09 TST, Inc. 290,745.65 "XXX-338 31-Jan-09 TST, Inc. 69,000.00 "XXX-2276 31-Jan-09 Team Pacific Corp. 12,398,447.08 "XXX-2279 31-Jan-09 Team Pacific Corp. 184,917.35 "XXX-2280 31-Jan-09 Team Pacific Corp. 145,976.08 "XXX-2291 31-Jan-09 Team Pacific Corp. -12,398,447.08 February "XXX-358 02-Feb-09 Team Pacific Corporation 8,150.00 "XXX-359 02-Feb-09 Team Pacific Corporation 18,000.00 "XXX-393 05-Feb-09 Eurowood Products and Technique Mfg 11,454.50 Corporation "XXC-584 24-Feb-09 Team Pacific Corporation 24,000.00 "XXX-634 28-Feb-09 Team Pacific Corporation 187,579.14 "XXX-635 28-Feb-09 Team Pacific Corporation 176,752.68 "XXX-668 28-Feb-09 TST, Inc. 375,704.71 "XXX-689 28-Feb-09 TST, Inc. 69,000.00 "XXX-691 28-Feb-09 TST, Inc. -313.02 "XXX-2308 28-Feb-09 Team Pacific Corporation 144,846.44 "XXX-2309 28-Feb-09 Team Pacific Corporation 100,381.04 "XXX-2298 02-Feb-09 TST, Inc. 28,404.00 March "XXX-710 2-Mar-09 Team Pacific Corporation 8,150.00 "XXX-711 2-Mar-09 Team Pacific Corporation 18,000.00 "XXX-814 12-Mar-09 Team Pacific Corporation 12,000.00 "XXX-1037 31-Mar-09 Team Pacific Corporation 234,603.18 "XXX-1038 31-Mar-09 Team Pacific Corporation 263,058.31 "XXX-1065 31-Mar-09 TST, Inc. 431,806.95 "XXX-1087 31-Mar-09 TST, Inc. 57,000.00 "XXX-2342 31-Mar-09 Team Pacific Corporation 181,812.86 "XXX-2343 31-Mar-09 Team Pacific Corporation 149,962.36 "XXX-2325 2-Mar-09 TST, Inc. 29,197.20 Subtotal 3,764,984.30 Second Quarter of 2009 April "XXX-1114 01-Apr-09 Team Pacific Corporation 8,150.00 "XXX-1115 01-Apr-09 Team Pacific Corporation 18,000.00 "XXX-1406 30-Apr-09 Team Pacific Corporation 204,784.58 "XXX-1407 30-Apr-09 Team Pacific Corporation 233,887.87 "XXX-1432 30-Apr-09 TST, Inc. 424,350.75 "XXX-1456 30-Apr-09 TST, Inc. 57,000.00 "XXX-2376 30-Apr-09 Team Pacific Corporation 159,666.77 "XXX-2377 30-Apr-09 Team Pacific Corporation 134,120.40 "XXX-2357 01-Apr-09 TST, Inc. 29,053.20 "XXX-2385 29-Apr-09 Ansul, Incorporated -2,884.48 May "XXX-1483 1-Mayo-09 Team Pacific Corporation 8,150.00 "XXX-1484 1-Mayo-09 Team Pacific Corporation 18,000.00 "XXX-1634 15-Mayo-09 Pilipinas Shell Petroleum Corp. 90,650.00 "XXX-1638 18-Mayo-09 Team Pacific Corporation 24,000.00 "XXX-1802 31-Mayo-09 Team Pacific Corporation 161,928.69 "XXX-1803 31-Mayo-09 Team Pacific Corporation 177,768.50 "XXX-1850 31-Mayo-09 TST, Inc. 536,909.75 "XXX-1871 31-Mayo-09 TST, Inc. 57,000.00 "XXX-2414 31-Mayo-09 Team Pacific Corporation 123,273.42 "XXX-2415 31-Mayo-09 Team Pacific Corporation 99,517.96 "XXX-2392 1-Mayo-09 TST, Inc. 29,222.40 "XXX-2423 27-Mayo-09 Ansul, Incorporated -349,933.87 June "XXX-1891 01-Jun-09 Team Pacific Corporation 8,150.00 "XXX-1892 01-Jun-09 Team Pacific Corporation 18,000.00 "XXX-2210 30-Jun-09 Team Pacific Corporation 176,569.26 "XXX-2211 30-Jun-09 Team Pacific Corporation 173,666.15 "XXX-2237 30-Jun-09 TST, Inc. 575,676.58 "XXX-2259 30-Jun-09 TST, Inc. 66,000.00 "XXX-2452 30-Jun-09 Team Pacific Corporation 136,556.09 "XXX-2453 30-Jun-09 Team Pacific Corporation 98,775.37 "XXX-2430 01-Jun-09 TST, Inc. 28,464.60 Subtotal 3,524,473.99 Total 7,289,458.29 5) Declared zero-rated rental income was not supported by VAT zero-rated official receipts (Ors) in violation of Section 113 (A) (2) of the NIRC of 1997, as amended First Quarter of 2009 January "XXX-326 31-Jan-09 Kyocera Kinseki Philippines, Inc. 1,200.00 "XXX-327 31-Jan-09 Littlefuse Philippines, Inc. 3,900.00 "XXX-329 31-Jan-09 MSM Manila, Inc. 2,500.00 "XXX-331 31-Jan-09 PASAR 7,400.00 "XXX-332 31-Jan-09 Samsung Electro-Mechanic Philippines 36,000.00 "XXX-334 31-Jan-09 On Semiconductor Phils., Inc. 100.00 "XXX-335 31-Jan-09 Ibiden Philippines, Inc. 5,200.00 "XXX-336 31-Jan-09 Tann Philippines 200.00 "XXX-337 31-Jan-09 Temic Automotive Philippines 69,000.00 "XXX-2288 31-Jan-09 Air Water Philippines, Inc. 4,236.84 February "XXX-352 02-Feb-09 Fujitsu Ten Corp. of the Philippines 3,000.00 "XXX-672 28-Feb-09 Cirtek Electronic Corporation 1,920.00 "XXX-673 28-Feb-09 Continental Temic Electronics Phils. 5,500.00 "XXX-674 28-Feb-09 Continental Temic Electronics Phils. 5,000.00 "XXX-675 28-Feb-09 Heraeus Electronic Materials Phils., Inc. 5,000.00 "XXX-677 28-Feb-09 Kyocera Kinseki Philippines, Inc. 1,200.00 "XXX-678 28-Feb-09 Littlefuse Philippines, Inc. 3,900.00 "XXX-680 28-Feb-09 MSM Manila, Inc. 2,140.00 "XXX-681 28-Feb-09 Orient Semiconductor Electronics 2,670.00 "XXX-682 28-Feb-09 PASAR 4,400.00 "XXX-683 28-Feb-09 Samsung Electro-Mechanic Philippines 38,500.00 "XXX-685 28-Feb-09 On Semiconductor Phils., Inc. 100.00 "XXX-686 28-Feb-09 Ibiden Philippines, Inc. 5,200.00 "XXX-687 28-Feb-09 Tann Philippines 200.00 "XXX-688 28-Feb-09 Temic Automotive Philippines 2,500.00 "XXX-690 28-Feb-09 On Semiconductor Phils., Inc. 400.00 "XXX-2318 28-Feb-09 Air Water Philippines, Inc. 4,341.24 March "XXX-704 2-Mar-09 PSI Technologies, Inc. 3,000.00 "XXX-706 2-Mar-09 Samsung Electro-Mechanic Philippines 4,500.00 "XXX-875 18-Mar-09 MSM Manila, Inc. 2,140.00 XXX-884 18-Mar-09 Nidec Philippines Corporation 8,000.00 "XXX-1066 31-Mar-09 Austria Microsystems Phils., Inc. 2,500.00 "XXX-1068 31-Mar-09 Cam Mechatronics (Phils.), Inc. 450.00 "XXX-1069 31-Mar-09 Cirtek Electronic Corporation 2,020.00 "XXX-1070 31-Mar-09 Continental Temic Electronics Phils. 5,500.00 "XXX-1071 31-Mar-09 Continental Temic Electronics Phils. 5,000.00 "XXX-1072 31-Mar-09 Heraeus Electronic Materials Phils., Inc. 5,000.00 "XXX-1073 31-Mar-09 Ju-Young Electronics Phils., Inc. 200.00 "XXX-1074 31-Mar-09 Kyocera Kinseki Philippines, Inc. 1,650.00 "XXX-1075 31-Mar-09 Littlefuse Philippines, Inc. 3,600.00 "XXX-1077 31-Mar-09 MSM Manila, Inc. 2,140.00 "XXX-1078 31-Mar-09 Orient Semiconductor Electronics 2,670.00 "XXX-1079 31-Mar-09 PASAR 7,800.00 "XXX-1080 31-Mar-09 Samsung Electro-Mechanic Philippines 38,500.00 "XXX-1082 31-Mar-09 On Semiconductor Phils., Inc. 100.00 "XXX-1083 31-Mar-09 Shinetsu Magnetic Phils., Inc. 1,000.00 "XXX-1084 31-Mar-09 Ibiden Philippines, Inc. 7,800.00 "XXX-1085 31-Mar-09 Tann Philippines 200.00 "XXX-1086 31-Mar-09 Temic Automotive Philippines 2,500.00 "XXX-1088 31-Mar-09 On Semiconductor Phils., Inc. 400.00 "XXX-1092 18-Mar-09 MSM Manila, Inc. -2,500.00 "XXX-1093 18-Mar-09 Analog Devices Gen. Trias -2,520.00 "XXX-1098 25-Mar-09 Honda Parts Manufacturing Corp. -216 "XXX-1099 31-Mar-09 Honda Parts Manufacturing Corp. -27,500.00 "XXX-2350 31-Mar-09 Air Water Philippines, Inc. 4,357.71 Subtotal 293,999.79 Second Quarter of 2009 April "XXX-1108 01-Apr-09 PSI Technologies, Inc. 3,000.00 "XXX-1433 30-Apr-09 CPL Packaging Inc. 600.00 "XXX-1434 30-Apr-09 Austria Microsystems Phils., Inc. 15,000.00 "XXX-1436 30-Apr-09 Cam Mechatronics (Phils.), Inc. 450.00 "XXX-1437 30-Apr-09 Cirtek Electronics Corporation 2,020.00 "XXX-1438 30-Apr-09 Continental Temic Electronics Phils. 5,700.00 "XXX-1439 30-Apr-09 Continental Temic Electronics Phils. 5,000.00 "XXX-1440 30-Apr-09 Fastech Electronique, Inc. 150.00 "XXX-1441 30-Apr-09 Heraeus Electronic Materials Phils., Inc. 5,000.00 "XXX-1442 30-Apr-09 Honda Parts Manufacturing Corp. 900.00 "XXX-1443 30-Apr-09 Kyocera Kinseki Philippines, Inc. 1,650.00 "XXX-1444 30-Apr-09 Littlefuse Philippines, Inc. 2,100.00 "XXX-1445 30-Apr-09 MSM Manila, Inc. 2,140.00 "XXX-1446 30-Apr-09 Orient Semiconductor Electronics 2,670.00 "XXX-1447 30-Apr-09 PASAR 7,800.00 "XXX-1448 30-Apr-09 AGC Flat Glass Phils., Inc. 450.00 "XXX-1449 30-Apr-09 Samsung Electro-Mechanic Philippines 38,500.00 "XXX-1451 30-Apr-09 On Semiconductor Phils., Inc. 100.00 "XXX-1452 30-Apr-09 Shinetsu Magnetic Phils., Inc. 1,000.00 "XXX-1453 30-Apr-09 Ibiden Philippines, Inc. 7,800.00 "XXX-1454 30-Apr-09 Tann Philippines 200.00 "XXX-1455 30-Apr-09 Temic Automotive Philippines 2,500.00 "XXX-1463 29-Apr-09 Ibiden Philippines, Inc. -2,600.00 "XXX-2384 30-Apr-09 Air Water Philippines, Inc. 4,383.72 May "XXX-1476 1-Mayo-09 PSI Technologies, Inc. 3,000.00 "XXX-1487 1-Mayo-09 Tokyo Steel Philippines Corp. 12,750.00 "XXX-1488 1-Mayo-09 Tokyo Steel Philippines Corp. 6,300.00 "XXX-1808 31-Mayo-09 Ibiden Philippines, Inc. 5,200.00 "XXX-1851 31-Mayo-09 Austria Microsystems Phils., Inc. 15,000.00 "XXX-1853 31-Mayo-09 Cam Mechatronics (Phils.), Inc. 450.00 "XXX-1854 31-Mayo-09 Cirtek Electronics Corporation 2,260.00 "XXX-1855 31-Mayo-09 Continental Temic Electronics Phils. 4,900.00 "XXX-1856 31-Mayo-09 Continental Temic Electronics Phils. 5,000.00 "XXX-1857 31-Mayo-09 Heraeus Electronic Materials Phils., Inc. 5,000.00 "XXX-1858 31-Mayo-09 Ionics EMS, Inc. 15,000.00 "XXX-1859 31-Mayo-09 Kyocera Kinseki Philippines, Inc. 1,650.00 "XXX-1860 31-Mayo-09 Littlefuse Philippines, Inc. 2,100.00 "XXX-1861 31-Mayo-09 MSM Manila, Inc. 2,140.00 "XXX-1862 31-Mayo-09 On Semiconductor Phils., Inc. 5,600.00 "XXX-1863 31-Mayo-09 Orient Semiconductor Electronics 2,670.00 "XXX-1864 31-Mayo-09 PASAR 7,800.00 "XXX-1866 31-Mayo-09 On Semiconductor Phils., Inc. 100.00 "XXX-1867 31-Mayo-09 Shinetsu Magnetic Phils., Inc. 1,000.00 "XXX-1868 31-Mayo-09 Ibiden Philippines, Inc. 5,200.00 "XXX-1869 31-Mayo-09 Tann Philippines 200.00 "XXX-1870 31-Mayo-09 Temic Automotive Philippines 2,500.00 "XXX-1872 31-Mayo-09 On Semiconductor Phils., Inc. 400.00 "XXX-1873 31-Mayo-09 Samsung Electro-Mechanic Philippines 38,500.00 "XXX-1875 31-Mayo-09 Ibiden Philippines, Inc. -7,800.00 "XXX-1876 31-Mayo-09 Austria Microsystems Phils., Inc. -5,000.00 "XXX-2422 31-Mayo-09 Air Water Philippines, Inc. 4,279.32 June "XXX-1885 01-Jun-09 PSI Technologies, Inc. 3,000.00 "XXX-1895 01-Jun-09 Tokyo Steel Philippines Corp. 12,750.00 "XXX-1896 01-Jun-09 Tokyo Steel Philippines Corp. 6,300.00 "XXX-2239 30-Jun-09 Cam Mechatronics (Phils.), Inc. 450.00 "XXX-2240 30-Jun-09 Cirtek Electronics Corporation 2,260.00 "XXX-2241 30-Jun-09 Continental Temic Electronics Phils. 5,500.00 "XXX-2242 30-Jun-09 Continental Temic Electronics Phils. 5,000.00 "XXX-2243 30-Jun-09 Heraeus Electronic Materials Phils., Inc. 5,000.00 "XXX-2244 30-Jun-09 Ionics EMS, Inc. 15,000.00 "XXX-2245 30-Jun-09 Kyocera Kinseki Philippines, Inc. 1,650.00 "XXX-2246 30-Jun-09 Littlefuse Philippines, Inc. 2,100.00 "XXX-2248 30-Jun-09 MSM Manila, Inc. 2,140.00 "XXX-2249 30-Jun-09 On Semiconductor Phils., Inc. 28,000.00 "XXX-2250 30-Jun-09 Orient Semiconductor Electronics 2,670.00 "XXX-2251 30-Jun-09 PASAR 7,800.00 "XXX-2252 30-Jun-09 Samsung Electro-Mechanic Philippines 38,500.00 "XXX-2254 30-Jun-09 On Semiconductor Phils., Inc. 100.00 "XXX-2255 30-Jun-09 Shinetsu Magnetic Phils., Inc. 1,000.00 "XXX-2256 30-Jun-09 Ibiden Philippines, Inc. 5,200.00 "XXX-2257 30-Jun-09 Tann Philippines 200.00 "XXX-2258 30-Jun-09 Temic Automotive Philippines 2,500.00 "XXX-2260 30-Jun-09 Automotive Interiors Corporation 2,400.00 "XXX-2262 30-Jun-09 On Semiconductor Phils., Inc. 400.00 "XXX-2460 30-Jun-09 Air Water Philippines, Inc. 4,347.72 Subtotal 396,980.76 Total 690,980.55 GRAND TOTAL DISALLOWED ZERO-RATED SALES/RECEIPTS 20,279,042.05 PER THIS COURT'S FURTHER VERIFICATION =========== 2 Sales of goods to entities with cancelled PEZA registration First Quarter of 2009 January "XXX-214 23-Jan-09 AMI Semiconductor Philippines, Inc. 110,220.00 "XXX-318 31-Jan-09 AMI Semiconductor Philippines, Inc. 400.00 "XXX-298 31-Jan-09 Amkor Anam Advanced Packaging, Inc. 120,000.00 February "XXX-527 17-Feb-09 Amkor Anam Advanced Packaging, Inc. 30,000.00 Subtotal 260,620.00 Second Quarter of 2009 April "XXX-1176 07-Apr-09 Amkor Anam Advanced Packaging, Inc. 60,000.00 "XXX-1177 07-Apr-09 Amkor Anam Advanced Packaging, Inc. 60,000.00 May "XXX-1683 19-Mayo-09 Amkor Anam Advanced Packaging, Inc. 7,500.00 "XXX-1684 19-Mayo-09 Amkor Anam Advanced Packaging, Inc. 30,000.00 "XXX-1685 19-Mayo-09 Amkor Anam Advanced Packaging, Inc. 45,000.00 "XXX-1757 26-Mayo-09 Amkor Anam Advanced Packaging, Inc. 24,500.00 "XXX-1775 27-Mayo-09 Amkor Anam Advanced Packaging, Inc. 45,000.00 "XXX-1827 31-Mayo-09 Amkor Anam Advanced Packaging, Inc. 37,500.00 June "XXX-2201 30-Jun-09 Amkor Anam Advanced Packaging, Inc. 82,500.00 "XXX-2202 30-Jun-09 Amkor Anam Advanced Packaging, Inc. 120,000.00 "XXX-2203 30-Jun-09 Amkor Anam Advanced Packaging, Inc. 1,822,500.00 "XXX-2266 30-Jun-09 Amkor Anam Advanced Packaging, Inc. -2,025,000.00 Subtotal 309,500.00 Total 570,120.00 3) Sales of goods to entities without VAT zero-rating certification from PEZA First Quarter of 2009 January "XXX-307 31-Jan-09 Bell Electronics Corporation 52,423.15 "XXX-320 31-Jan-09 Bell Electronics Corporation 480.00 "XXX-84 12-Jan-09 Fujielastomers Manila Corp. 34,523.96 "XXX-205 23-Jan-09 Fujielastomers Manila Corp. 40,990.20 "XXX-41 07-Jan-09 MME Technologies, Inc. 17,787.64 "XXX-43 07-Jan-09 MME Technologies, Inc. 16,647.41 "XXX-86 12-Jan-09 MME Technologies, Inc. 23,615.41 XXX-87 12-Jan-09 MME Technologies, Inc. 21,944.39 "XXX-126 16-Jan-09 MME Technologies, Inc. 15,446.60 "XXX-127 16-Jan-09 MME Technologies, Inc. 21,221.85 "XXX-182 22-Jan-09 MME Technologies, Inc. 19,623.63 "XXX-200 23-Jan-09 MME Technologies, Inc. 9,304.88 "XXX-227 26-Jan-09 MME Technologies, Inc. 26,533.52 "XXX-228 26-Jan-09 MME Technologies, Inc. 31,330.13 "XXX-256 28-Jan-09 MME Technologies, Inc. 17,053.66 "XXX-287 31-Jan-09 MME Technologies, Inc. 16,965.91 "XXX-290 31-Jan-09 MME Technologies, Inc. 18,214.69 "XXX-328 31-Jan-09 MME Technologies, Inc. 300.00 February "XXX-345 02-Feb-09 Bell Electronics Corporation 20,000.00 "XXX-639 28-Feb-09 Bell Electronic Corporation 26,400.00 "XXX-657 28-Feb-09 Bell Electronics Corporation 25,601.40 "XXX-670 28-Feb-09 Bell Electronic Corporation 480.00 "XXX-494 16-Feb-09 Fujielastomers Manila Corp. 26,120.53 "XXX-401 05-Feb-09 MME Technologies, Inc. 25,492.61 "XXX-431 09-Feb-09 MME Technologies, Inc. 35,621.82 "XXX-436 09-Feb-09 MME Technologies, Inc. 13,697.84 "XXX-458 11-Feb-09 MME Technologies, Inc. 10,048.61 "XXC-501 16-Feb-09 MME Technologies, Inc. 12,712.44 "XXX-509 16-Feb-09 MME Technologies, Inc. 14,396.97 "XXX-523 17-Feb-09 MME Technologies, Inc. 5,173.61 "XXX-542 20-Feb-09 MME Technologies, Inc. 30,069.91 "XXX-571 23-Feb-09 MME Technologies, Inc. 18,122.91 "XXX-641 28-Feb-09 MME Technologies, Inc. 21,985.47 "XXX-642 28-Feb-09 MME Technologies, Inc. 13,605.28 "XXX-679 28-Feb-09 MME Technologies, Inc. 300.00 "XXX-2294 02-Feb-09 MME Technologies, Inc. 23,670.00 March "XXX-697 2-Mar-09 Bell Electronic Corporation 20,000.00 "XXX-1055 31-Mar-09 Bell Electronic Corporation 74,357.60 "XXX-1067 31-Mar-09 Bell Electronic Corporation 480.00 "XXX-781 9-Mar-09 Fujielastomers Manila Corp. 63,099.34 "XXX-885 18-Mar-09 Fujielastomers Manila Corp. 30,000.00 "XXX-886 18-Mar-09 Fujielastomers Manila Corp. 900.00 "XXX-896 19-Mar-09 Fujielastomers Manila Corp. 59,448.74 "XXX-1040 31-Mar-09 Fujielastomers Manila Corp. 78,654.92 "XXX-751 5-Mar-09 MME Technologies, Inc. 27,041.17 "XXX-774 9-Mar-09 MME Technologies, Inc. 11,042.85 "XXX-805 10-Mar-09 MME Technologies, Inc. 16,815.37 "XXX-824 12-Mar-09 MME Technologies, Inc. 16,293.42 "XXX-898 19-Mar-09 MME Technologies, Inc. 11,563.24 "XXX-932 23-Mar-09 MME Technologies, Inc. 13,577.59 "XXX-1022 30-Mar-09 MME Technologies, Inc. 24,150.75 "XXX-1032 31-Mar-09 MME Technologies, Inc. 20,768.02 "XXX-1076 31-Mar-09 MME Technologies, Inc. 300.00 "XXX-2321 2-Mar-09 MME Technologies, Inc. 24,331.00 Subtotal 1,200,730.44 Second Quarter of 2009 April "XXX-1101 01-Apr-09 Bell Electronics Corporation 20,000.00 "XXX-1421 30-Apr-09 Bell Electronic Corporation 24,488.08 "XXX-1435 30-Apr-09 Bell Electronic Corporation 480.00 "XXX-1242 15-Apr-09 Fujielastomers Manila Corp. 76,389.96 "XXX-1320 23-Apr-09 Fujielastomers Manila Corp. 19,808.63 "XXX-1394 29-Apr-09 Fujielastomers Manila Corp. 26,510.24 "XXX-1265 17-Apr-09 MME Technologies, Inc. 31,886.53 "XXX-1278 20-Apr-09 MME Technologies, Inc. 18,325.19 "XXX-1302 21-Apr-09 MME Technologies, Inc. 22,694.10 "XXX-1157 03-Apr-09 MME Technologies, Inc. 12,914.98 "XXX-1187 07-Apr-09 MME Technologies, Inc. 31,739.24 "XXX-1232 14-Apr-09 MME Technologies, Inc. 16,623.62 "XXX-1325 23-Apr-09 MME Technologies, Inc. 19,419.92 "XXX-1365 27-Apr-09 MME Technologies, Inc. 24,667.11 "XXX-1382 28-Apr-09 MME Technologies, Inc. 19,103.11 "XXX-1402 30-Apr-09 MME Technologies, Inc. 20,404.93 "XXX-2353 01-Apr-09 MME Technologies, Inc. 24,211.00 May "XXX-1468 1-Mayo-09 Bell Electronics Corporation 20,000.00 "XXX-1837 31-Mayo-09 Bell Electronics Corporation 33,241.43 "XXX-1852 31-Mayo-09 Bell Electronics Corporation 480.00 "XXX-1614 13-Mayo-09 Fujielastomers Manila Corp. 79,372.41 "XXX-1776 27-Mayo-09 Fujielastomers Manila Corp. 82,214.11 "XXX-1536 6-Mayo-09 MME Technologies, Inc. 33,379.06 "XXX-1591 11-Mayo-09 MME Technologies, Inc. 25,307.10 "XXX-1613 13-Mayo-09 MME Technologies, Inc. 18,141.76 "XXX-1626 14-Mayo-09 MME Technologies, Inc. 15,043.08 "XXX-1659 18-Mayo-09 MME Technologies, Inc. 17,275.83 "XXX-1712 21-Mayo-09 MME Technologies, Inc. 28,929.16 "XXX-1731 25-Mayo-09 MME Technologies, Inc. 20,838.09 "XXX-1761 26-Mayo-09 MME Technologies, Inc. 8,522.28 "XXX-1799 29-Mayo-09 MME Technologies, Inc. 20,765.55 "XXX-1820 31-Mayo-09 MME Technologies, Inc. 17,755.53 "XXX-2388 1-Mayo-09 MME Technologies, Inc. 24,352.00 June "XXX-1878 01-Jun-09 Bell Electronics Corporation 20,000.00 "XXX-2225 30-Jun-09 Bell Electronic Corporation 33,881.34 "XXX-2238 30-Jun-09 Bell Electronic Corporation 480.00 "XXX-2024 11-Jun-09 Fujielastomers Manila Corp. 66,274.78 "XXX-2133 23-Jun-09 Fujielastomers Manila Corp. 72,168.48 "XXX-2207 30-Jun-09 Fujielastomers Manila Corp. 71,199.94 "XXX-1926 03-Jun-09 MME Technologies, Inc. 10,235.55 "XXX-1945 04-Jun-09 MME Technologies, Inc. 21,161.66 "XXX-1979 09-Jun-09 MME Technologies, Inc. 20,089.68 "XXX-1998 10-Jun-09 MME Technologies, Inc. 11,825.32 "XXX-2026 11-Jun-09 MME Technologies, Inc. 22,180.73 "XXX-2050 15-Jun-09 MME Technologies, Inc. 22,778.86 "XXX-2063 16-Jun-09 MME Technologies, Inc. 10,809.11 "XXX-2104 19-Jun-09 MME Technologies, Inc. 31,556.59 "XXX-2162 26-Jun-09 MME Technologies, Inc. 31,543.98 "XXX-2187 29-Jun-09 MME Technologies, Inc. 16,173.95 "XXX-2193 29-Jun-09 MME Technologies, Inc. 1,200.00 "XXX-2208 30-Jun-09 MME Technologies, Inc. 18,910.06 "XXX-2247 30-Jun-09 MME Technologies, Inc. 300.00 "XXX-2426 01-Jun-09 MME Technologies, Inc. 23,720.50 Subtotal 1,361,774.56 Total 2,562,505.00 Exhibit Invoice Date Customer's Name Amount of Sales (in PhP) 1) Sales of goods to PEZA/SBMA-registered entities not covered by the effectivity period or date of issuance of the PEZA/SBMA certification First Quarter of 2009 January "XXX-118 15-Jan-09 Aichi Forging Company of Asia, Inc. 4,000.00 "XXX-149 19-Jan-09 Aichi Forging Company of Asia, Inc. 4,000.00 "XXX-1 05-Jan-09 Austria Microsystems (Phils.), Inc. 39,000.00 "XXX-2 05-Jan-09 Austria Microsystems (Phils.), Inc. 58,500.00 "XXX-11 05-Jan-09 Austria Microsystems (Phils.), Inc. 65,000.00 "XXX-12 05-Jan-09 Austria Microsystems (Phils.), Inc. 65,000.00 "XXX-14 05-Jan-09 Austria Microsystems (Phils.), Inc. 65,000.00 "XXX-15 06-Jan-09 Austria Microsystems (Phils.), Inc. 78,000.00 "XXX-45 08-Jan-09 Austria Microsystems (Phils.), Inc. 71,500.00 "XXX-46 08-Jan-09 Austria Microsystems (Phils.), Inc. 32,500.00 "XXX-52 08-Jan-09 Austria Microsystems (Phils.), Inc. 19,500.00 "XXX-59 09-Jan-09 Austria Microsystems (Phils.), Inc. 39,000.00 "XXX-60 09-Jan-09 Austria Microsystems (Phils.), Inc. 39,000.00 "XXX-66 12-Jan-09 Austria Microsystems (Phils.), Inc. 65,000.00 "XXX-75 12-Jan-09 Austria Microsystems (Phils.), Inc. 26,000.00 "XXX-104 14-Jan-09 Austria Microsystems (Phils.), Inc. 10,000.00 "XXX-109 14-Jan-09 Austria Microsystems (Phils.), Inc. 52,000.00 "XXX-321 31-Jan-09 Cam Mechatronic (Phils.), Inc. 450.00 "XXX-28 07-Jan-09 Castem Philippines Corporation 14,500.00 "XXX-141 19-Jan-09 Castem Philippines Corporation 11,600.00 "XXX-110 14-Jan-09 Cirtek Electronics Corporation 17,000.00 "XXX-150 19-Jan-09 Cirtek Electronics Corporation 20,400.00 "XXX-209 23-Jan-09 Cirtek Electronics Corporation 23,800.00 "XXX-280 30-Jan-09 Cirtek Electronics Corporation 23,800.00 "XXX-308 31-Jan-09 Cirtek Electronics Corporation 476,611.39 "XXX-322 31-Jan-09 Cirtek Electronics Corporation 1,920.00 "XXX-56 08-Jan-09 Continental Temic Electronics (Phils.), Inc. 18,000.00 "XXX-57 08-Jan-09 Continental Temic Electronics (Phils.), Inc. 15,000.00 "XXX-204 23-Jan-09 Continental Temic Electronics (Phils.), Inc. 7,500.00 "XXX-247 28-Jan-09 Continental Temic Electronics (Phils.), Inc. 46,000.00 "XXX-253 28-Jan-09 Continental Temic Electronics (Phils.), Inc. 15,000.00 "XXX-279 30-Jan-09 Continental Temic Electronics (Phils) Inc. 7,500.00 "XXX-297 31-Jan-09 Continental Temic Electronics (Phils.), Inc. 7,500.00 "XXX-309 31-Jan-09 Continental Temic Electronics (Phils.), Inc. 703,634.41 "XXX-323 31-Jan-09 Continental Temic Electronics (Phils.), Inc. 5,100.00 "XXX-324 31-Jan-09 Continental Temic Electronics (Phils.), Inc. 5,000.00 "XXX-112 15-Jan-09 Heraeus Electronic Materials Phils., Inc. 19,800.00 "XXX-120 16-Jan-09 Heraeus Electronic Materials Phils., Inc. 55,500.00 "XXX-241 28-Jan-09 Heraeus Electronic Materials Phils., Inc. 22,000.00 "XXX-9 05-Jan-09 Hitachi Industrial Machinery Philippines Corp. 16,000.00 "XXX-30 07-Jan-09 Hitachi Industrial Machinery Philippines Corp. 16,000.00 "XXX-67 12-Jan-09 Hitachi Industrial Machinery Philippines Corp. 24,500.00 "XXX-113 15-Jan-09 Hitachi Industrial Machinery Philippines Corp. 16,000.00 "XXX-142 19-Jan-09 Hitachi Industrial Machinery Philippines Corp. 24,500.00 "XXX-2268 12-Jan-09 Hoya Glass Disk Philippines, Inc. 28,653.55 "XXX-2269 12-Jan-09 Hoya Glass Disk Philippines, Inc. 27,803.89 "XXX-2270 12-Jan-09 Hoya Glass Disk Philippines, Inc. 23,775.83 "XXX-8 05-Jan-09 Ibiden Philippines, Inc. 4,500.00 "XXX-115 15-Jan-09 Ibiden Philippines, Inc. 4,500.00 "XXX-72 12-Jan-09 Iomni Precision, Inc. 4,980.00 "XXX-73 12-Jan-09 Iomni Precision, Inc. 3,320.00 "XXX-212 23-Jan-09 Ju-Young Electronics (Phils.), Inc. 17,500.00 "XXX-325 31-Jan-09 Ju-Young Electronics (Phils.), Inc. 200.00 "XXX-48 08-Jan-09 Kuy Corporation 6,300.00 "XXX-49 08-Jan-09 Kuy Corporation 16,000.00 "XXX-155 20-Jan-09 Kuy Corporation 16,000.00 "XXX-58 08-Jan-09 Kyocera Kinseki Philippines, Inc. 10,800.00 "XXX-5 05-Jan-09 Littlefuse Phils., Inc. 25,695.00 "XXX-68 12-Jan-09 Littlefuse Phils., Inc. 8,565.00 "XXX-114 15-Jan-09 Littlefuse Phils., Inc. 8,565.00 "XXX-163 21-Jan-09 Littlefuse Phils., Inc. 34,260.00 "XXX-218 26-Jan-09 Littlefuse Phils., Inc. 8,565.00 "XXX-40 07-Jan-09 Luzon Electronics Tehnology, Inc. 12,729.90 "XXX-133 16-Jan-09 Luzon Electronics Tehnology, Inc. 29,073.70 "XXX-235 26-Jan-09 Luzon Electronics Tehnology, Inc. 31,375.80 "XXX-63 09-Jan-09 Maeno Giken, Inc. 5,700.00 "XXX-91 12-Jan-09 Maeno Giken, Inc. 5,700.00 "XXX-139 16-Jan-09 Maeno Giken, Inc. 5,700.00 "XXX-33 07-Jan-09 Masuda Philippines, Inc. 9,600.00 "XXX-55 08-Jan-09 Masuda Philippines, Inc. 9,600.00 "XXX-64 09-Jan-09 Masuda Philippines, Inc. 28,800.00 "XXX-88 12-Jan-09 Masuda Philippines, Inc. 19,200.00 "XXX-92 12-Jan-09 Masuda Philippines, Inc. 9,600.00 "XXX-107 14-Jan-09 Masuda Philippines, Inc. 9,600.00 "XXX-108 14-Jan-09 Masuda Philippines, Inc. 11,892.32 "XXX-111 14-Jan-09 Masuda Philippines, Inc. 9,600.00 "XXX-151 19-Jan-09 Masuda Philippines, Inc. 14,400.00 "XXX-51 08-Jan-09 MSM Manila, Inc. 7,500.00 "XXX-74 12-Jan-09 MSM Manila, Inc. 7,500.00 "XXX-65 12-Jan-09 Nidec Subic Philippines Corporation 49,335.05 "XXX-333 31-Jan-09 Nidec Subic Philippines Corporation 3,500.00 "XXX-24 06-Jan-09 NXP Semiconductors Cabuyao 7,500.00 "XXX-100 14-Jan-09 NXP Semiconductors Cabuyao 7,500.00 "XXX-158 20-Jan-09 NXP Semiconductors Cabuyao 7,500.00 "XXX-162 21-Jan-09 NXP Semiconductors Cabuyao 7,500.00 "XXX-193 23-Jan-09 NXP Semiconductors Cabuyao 4,000.00 "XXX-194 23-Jan-09 NXP Semiconductors Cabuyao 4,000.00 "XXX-195 23-Jan-09 NXP Semiconductors Cabuyao 1,900.00 "XXX-271 29-Jan-09 NXP Semiconductors Cabuyao 7,500.00 "XXX-37 07-Jan-09 On Semiconductors Phils. 24,893.60 "XXX-42 07-Jan-09 On Semiconductors Phils. 49,227.02 "XXX-83 12-Jan-09 On Semiconductors Phils. 34,242.36 "XXX-128 16-Jan-09 On Semiconductors Phils. 60,633.92 "XXX-129 16-Jan-09 On Semiconductors Phils. 27,415.95 "XXX-140 16-Jan-09 On Semiconductors Phils. 70,586.15 "XXX-170 22-Jan-09 On Semiconductors Phils. 69,350.76 "XXX-171 22-Jan-09 On Semiconductors Phils. 75,717.27 "XXX-172 22-Jan-09 On Semiconductors Phils. 68,852.35 "XXX-173 22-Jan-09 On Semiconductors Phils. 68,017.11 "XXX-174 22-Jan-09 On Semiconductors Phils. 172,160.81 "XXX-175 22-Jan-09 On Semiconductors Phils. 59,459.92 "XXX-176 22-Jan-09 On Semiconductors Phils. 77,958.94 "XXX-177 22-Jan-09 On Semiconductors Phils. 63,469.40 "XXX-178 22-Jan-09 On Semiconductors Phils. 59,244.86 "XXX-179 22-Jan-09 On Semiconductors Phils. 87,006.13 "XXX-180 22-Jan-09 On Semiconductors Phils. 45,513.47 "XXX-232 26-Jan-09 On Semiconductors Phils. 27,894.39 "XXX-233 26-Jan-09 On Semiconductors Phils. 23,136.31 "XXX-262 28-Jan-09 On Semiconductors Phils. 68,895.71 "XXX-263 28-Jan-09 On Semiconductors Phils. 31,937.59 "XXX-62 09-Jan-09 Orient Semiconductor Electronics Philippines 8,800.00 "XXX-99 13-Jan-09 Orient Semiconductor Electronics Philippines 4,500.00 "XXX-143 19-Jan-09 Orient Semiconductor Electronics Philippines 5,500.00 "XXX-144 19-Jan-09 Orient Semiconductor Electronics Philippines 5,500.00 "XXX-314 31-Jan-09 Orient Semiconductor Electronics Philippines 324,167.46 "XXX-330 31-Jan-09 Orient Semiconductor Electronics Philippines 2,670.00 "XXX-39 07-Jan-09 Philippine Toei Chemical Corporation 50,121.60 "XXX-132 16-Jan-09 Philippine Toei Chemical Corporation 40,150.00 "XXX-25 06-Jan-09 Pricon Microelectronics, Inc. 19,670.93 "XXX-26 06-Jan-09 Pricon Microelectronics, Inc. 37,967.14 "XXX-76 12-Jan-09 Pricon Microelectronics, Inc. 10,816.00 "XXX-77 12-Jan-09 Pricon Microelectronics, Inc. 30,262.92 "XXX-78 12-Jan-09 Pricon Microelectronics, Inc. 24,569.23 "XXX-123 16-Jan-09 Pricon Microelectronics, Inc. 43,780.97 "XXX-124 16-Jan-09 Pricon Microelectronics, Inc. 19,678.60 "XXX-125 16-Jan-09 Pricon Microelectronics, Inc. 30,519.85 "XXX-183 23-Jan-09 Pricon Microelectronics, Inc. 26,162.48 "XXX-184 23-Jan-09 Pricon Microelectronics, Inc. 18,406.51 "XXX-185 23-Jan-09 Pricon Microelectronics, Inc. 19,655.04 "XXX-225 26-Jan-09 Pricon Microelectronics, Inc. 17,153.35 "XXX-226 26-Jan-09 Pricon Microelectronics, Inc. 15,623.66 "XXX-245 28-Jan-09 Pricon Microelectronics, Inc. 23,420.78 "XXX-246 28-Jan-09 Pricon Microelectronics, Inc. 26,222.27 "XXX-258 28-Jan-09 Pricon Microelectronics, Inc. 28,168.47 "XXX-283 31-Jan-09 Pricon Microelectronics, Inc. 14,741.90 "XXX-284 31-Jan-09 Pricon Microelectronics, Inc. 15,256.14 "XXX-285 31-Jan-09 Pricon Microelectronics, Inc. 16,889.60 "XXX-2278 31-Jan-09 PSI Technologies 1,666,664.11 "XXX-2285 31-Jan-09 PSI Technologies 310,911.56 "XXX-2286 31-Jan-09 PSI Technologies 16,947.36 "XXX-2287 31-Jan-09 PSI Technologies 228,789.36 "XXX-10 05-Jan-09 Samsung Electro-Mechanics Philippine Corp. 4,000.00 "XXX-13 05-Jan-09 Samsung Electro-Mechanics Philippine Corp. 14,500.00 "XXX-16 06-Jan-09 Samsung Electro-Mechanics Philippine Corp. 14,500.00 "XXX-27 06-Jan-09 Samsung Electro-Mechanics Philippine Corp. 39,914.77 "XXX-44 07-Jan-09 Samsung Electro-Mechanics Philippine Corp. 28,469.07 "XXX-53 08-Jan-09 Samsung Electro-Mechanics Philippine Corp. 14,500.00 "XXX-61 09-Jan-09 Samsung Electro-Mechanics Philippine Corp. 14,500.00 "XXX-90 12-Jan-09 Samsung Electro-Mechanics Philippine Corp. 39,195.91 "XXX-96 13-Jan-09 Samsung Electro-Mechanics Philippine Corp. 14,630.00 "XXX-97 13-Jan-09 Samsung Electro-Mechanics Philippine Corp. 4,000.00 "XXX-98 13-Jan-09 Samsung Electro-Mechanics Philippine Corp. 14,500.00 "XXX-94 13-Jan-09 Sanritsu Great International Corp. 15,000.00 "XXX-164 22-Jan-09 Sanritsu Great International Corp. 2,850.00 "XXX-166 22-Jan-09 Sanritsu Great International Corp. 1,250.00 "XXX-186 23-Jan-09 Sanritsu Great International Corp. 15,000.00 "XXX-32 07-Jan-09 Showa Aluminum Manufacturing Phils. 20,800.00 "XXX-106 14-Jan-09 Showa Aluminum Manufacturing Phils. 16,000.00 "XXX-137 16-Jan-09 Showa Aluminum Manufacturing Phils. 10,400.00 "XXX-138 16-Jan-09 Showa Aluminum Manufacturing Phils. 75,000.00 "XXX-3 05-Jan-09 YKY Parts Corporation 31,000.00 "XXX-47 08-Jan-09 YKY Parts Corporation 31,000.00 "XXX-156 20-Jan-09 YKY Parts Corporation 31,000.00 "XXX-18 06-Jan-09 Yutaka Manufacturing (Phils.), Inc. 1,342.00 "XXX-19 06-Jan-09 Yutaka Manufacturing (Phils.), Inc. 7,501.20 "XXX-85 12-Jan-09 Yutaka Manufacturing (Phils.), Inc. 224,024.30 "XXX-95 13-Jan-09 Yutaka Manufacturing (Phils.), Inc. 18,753.00 "XXX-136 16-Jan-09 Yutaka Manufacturing (Phils.), Inc. 235,225.60 February "XXX-671 28-Feb-09 Cam Mechatronic (Phils.), Inc. 450.00 "XXX-346 02-Feb-09 Cirtek Electronics Corporation 25,000.00 "XXX-419 06-Feb-09 Cirtek Electronics Corporation 23,800.00 "XXX-502 16-Feb-09 Cirtek Electronics Corporation 23,800.00 "XXX-415 06-Feb-09 Continental Temic Electronics (Phils.), Inc. 15,000.00 "XXX-416 06-Feb-09 Ju-Young Electronics (Phils.), Inc. 18,000.00 "XXX-594 24-Feb-09 Ju-Young Electronics (Phils.), Inc. 18,000.00 "XXX-676 28-Feb-09 Ju-Young Electronics (Phils.), Inc. 200.00 "XXX-395 05-Feb-09 Kuy Corporation 3,150.00 "XXX-424 09-Feb-09 Kuy Corporation 3,150.00 "XXX-445 11-Feb-09 Kuy Corporation 16,000.00 "XXX-2293 02-Feb-09 Luzon Electronics Technology, Inc. 35,505.00 "XXX-406 05-Feb-09 Luzon Electronics Technology, Inc. 39,614.20 "XXX-684 28-Feb-09 Nidec Subic Philippines Corporation 3,500.00 "XXX-2297 02-Feb-09 Nidec Subic Philippines Corporation 18,936.00 "XXX-348 02-Feb-09 Orient Semiconductor Electronics Philippines 24,000.00 "XXX-379 04-Feb-09 Orient Semiconductor Electronics Philippines 11,000.00 "XXX-427 09-Feb-09 Orient Semiconductor Electronics Philippines 11,000.00 "XXX-349 02-Feb-09 Philippine Toei Chemical Corporation 18,000.00 "XXX-403 05-Feb-09 Philippine Toei Chemical Corporation 48,126.00 "XXX-631 27-Feb-09 Philippine Toei Chemical Corporation 44,818.10 "XXX-2296 02-Feb-09 Prison Microelectronics, Inc. 28,404.00 "XXX-350 02-Feb-09 PSI Technologies, Inc. 9,000.00 "XXX-351 02-Feb-09 PSI Technologies, Inc. 8,100.00 "XXX-362 02-Feb-09 Tokyo Steel Philippines Corporation 25,500.00 "XXX-363 02-Feb-09 Tokyo Steel Philippines Corporation 6,300.00 "XXX-385 04-Feb-09 YKY Parts Corporation 15,500.00 "XXX-394 05-Feb-09 YKY Parts Corporation 15,500.00 March "XXX-701 2-Mar-09 Philippine Toei Chemical Corporation 18,000.00 "XXX-714 2-Mar-09 Tokyo Steel Philippines Corporation 25,500.00 "XXX-715 2-Mar-09 Tokyo Steel Philippines Corporation 6,300.00 "XXX-730 4-Mar-09 Nidec Subic Philippines Corporation 27,655.20 "XXX-731 4-Mar-09 Nidec Subic Philippines Corporation 41,375.00 "XXX-762 6-Mar-09 Nidec Subic Philippines Corporation 33,100.00 "XXX-763 6-Mar-09 Nidec Subic Philippines Corporation 13,827.60 "XXX-790 9-Mar-09 Ju-Young Electronics (Phils.), Inc. 18,000.00 "XXX-792 10-Mar-09 Nidec Subic Philippines Corporation 2,200.00 "XXX-793 10-Mar-09 Nidec Subic Philippines Corporation 1,100.00 "XXX-794 10-Mar-09 Nidec Subic Philippines Corporation 1,100.00 "XXX-795 10-Mar-09 Nidec Subic Philippines Corporation 2,200.00 "XXX-796 10-Mar-09 Nidec Subic Philippines Corporation 1,100.00 "XXX-797 10-Mar-09 Nidec Subic Philippines Corporation 2,200.00 "XXX-811 11-Mar-09 Philippine Toei Chemical Corporation 54,627.00 "XXX-1081 31-Mar-09 Nidec Subic Philippines Corporation 3,500.00 "XXX-2324 2-Mar-09 Nidec Subic Philippines Corporation 19,464.80 Subtotal 9,014,165.90 Second Quarter of 2009 April "XXX-1118 01-Apr-09 Tokyo Steel Philippines Corporation 25,500.00 "XXX-1119 01-Apr-09 Tokyo Steel Philippines Corporation 6,300.00 "XXX-1450 30-Apr-09 Nidec Subic Philippines Corporation 3,500.00 "XXX-2356 01-Apr-09 Nidec Subic Philippines Corporation 19,368.80 May "XXX-1865 31-Mayo-09 Nidec Subic Philippines Corporation 3,500.00 "XXX-2391 1-Mayo-09 Nidec Subic Philippines Corporation 19,481.60 June "XXX-1928 03-Jun-09 Nidec Subic Philippines Corporation 51,685.51 "XXX-2253 30-Jun-09 Nidec Subic Philippines Corporation 3,500.00 "XXX-2429 01-Jun-09 Nidec Subic Philippines Corporation 18,976.40 Subtotal 151,812.31 Total 9,165,978.21 ANNEX B 6) Input VAT on domestic purchase of services supported by undated official receipt First Quarter of 2009 January "UUU-296" 1905 Fairchild Process Controls 8,676.00 7) Input VAT on domestic purchases of goods other than capital goods supported by invoices not dated within the period of claim First Quarter of 2009 January "UUU-1549" 120720 Adecs International Corp. 543.21 "UUU-1550" 120721 Adecs International Corp. 2,286.98 "UUU-1551" 121603 Adecs International Corp. 261 "UUU-1556" 13742 Akkad Corporation 964.29 "UUU-1557" 13743 Akkad Corporation 803.57 "UUU-1560" 29463 Atom Chemical Company 19,821.60 February "UUU-1579" 806181 Atlas Copco (Philippines), Inc. 520.08 Total 25,200.73 8) Input VAT on importation of goods other than capital goods supported only by BOC IEIRDs which do not reflect an entry date and/or machine validation for the amount of customs duties and taxes paid First Quarter of 2009 January "VVV-59" 94951954 Bureau of Customs 82,211.00 "VVV-60" 93138412 Bureau of Customs 88,453.00 "VVV-61" 94957601 Bureau of Customs 693,425.00 February "VVV-62" 94357787 Bureau of Customs 25,060.00 "VVV-63" 94281336 Bureau of Customs 48,822.00 "VVV-64" 94289632 Bureau of Customs 64,379.00 "VVV-65" 94951875 Bureau of Customs 74,447.00 "VVV-66" 95331923 Bureau of Customs 549,165.00 "VVV-67" 94736713 Bureau of Customs 26,022.00 "VVV-68" 94736591 Bureau of Customs 16,544.00 March "VVV-69" 94951875 CA Logistics Corporation 21,427.00 "VVV-72" 94951893 Bureau of Customs 73,131.00 "VVV-73" 94951902 Bureau of Customs 74,170.00 "VVV-74" 94951927 Bureau of Customs 85,931.00 "VVV-75" 96040971 Bureau of Customs 58,421.00 Subtotal 1,981,608.00 Second Quarter of 2009 April "VVV-76" 96537201 Bureau of Customs 22,336.00 "VVV-77" 96358017 Bureau of Customs 79,101.00 "VVV-78" 96358044 Bureau of Customs 91,698.00 May "VVV-80" 97511802 Bureau of Customs 53,494.00 "VVV-81" 96357965 Bureau of Customs 70,809.00 "VVV-82" 96357956 Bureau of Customs 95,524.00 "VVV-83" 96358001 Bureau of Customs 106,379.00 June "VVV-85" 98255604 Bureau of Customs 45,606.00 "VVV-86" 98255595 Bureau of Customs 67,169.10 "VVV-87" 98255674 Bureau of Customs 76,706.00 "VVV-88" 98255656 Bureau of Customs 90,506.00 "VVV-89" 97513412 Bureau of Customs 199,019.00 Subtotal 998,347.10 Total 2,979,955.10 Grand Total Additional Input VAT Disallowances Per This Court's Further 8,951,549.21 Verification ========== Second Quarter of 2009 April "UUU-1019 781129401-b Manila Electric Company 1,608,790.26 "UUU-1033 PKPOR000285227 Philippine Long Distance Telephone Co. 2.18 "UUU-1034 PKPOR000285245 Philippine Long Distance Telephone Co. 160.71 "UUU-1035 PKPOR000285246 Philippine Long Distance Telephone Co. 160.71 "UUU-1036 PKPOR000285247 Philippine Long Distance Telephone Co. 160.71 "UUU-1037 PKPOR000285248 Philippine Long Distance Telephone Co. 160.71 "UUU-1038 PKPOR000285249 Philippine Long Distance Telephone Co. 160.71 "UUU-1039 PKPOR000285250 Philippine Long Distance Telephone Co. 160.71 "UUU-1040 PKPOR000285251 Philippine Long Distance Telephone Co. 160.71 "UUU-1041 PKPOR000285257 Philippine Long Distance Telephone Co. 689.38 "UUU-1042 PKPOR000285254 Philippine Long Distance Telephone Co. 689.38 "UUU-1043 PKPOR000285255 Philippine Long Distance Telephone Co. 689.38 "UUU-1044 PKPOR000285256 Philippine Long Distance Telephone Co. 689.38 "UUU-1045 PKPOR000285252 Philippine Long Distance Telephone Co. 160.71 "UUU-1046 PKPOR000285217 Philippine Long Distance Telephone Co. 412.71 "UUU-1047 PKPOR000285218 Philippine Long Distance Telephone Co. 181.91 "UUU-1048 PKPOR000285219 Philippine Long Distance Telephone Co. 112.7 "UUU-1049 PKPOR000285220 Philippine Long Distance Telephone Co. 1,072.37 "UUU-1050 PKPOR000285253 Philippine Long Distance Telephone Co. 160.71 "UUU-1051 PKPOR000285258 Philippine Long Distance Telephone Co. 160.71 "UUU-1052 PKPOR000285209 Philippine Long Distance Telephone Co. 156.54 "UUU-1053 PKPOR000285236 Philippine Long Distance Telephone Co. 166.38 "UUU-1054 PKPOR000285238 Philippine Long Distance Telephone Co. 736.76 "UUU-1055 PKPOR000285237 Philippine Long Distance Telephone Co. 151.09 "UUU-1056 PKPOR000285234 Philippine Long Distance Telephone Co. 153.27 "UUU-1057 PKPOR000285208 Philippine Long Distance Telephone Co. 151.09 "UUU-1058 PKPOR000285240 Philippine Long Distance Telephone Co. 153.27 "UUU-1059 PKPOR000285239 Philippine Long Distance Telephone Co. 173.71 "UUU-1060 PKPOR000285212 Philippine Long Distance Telephone Co. 309.17 "UUU-1061 PKPOR000285205 Philippine Long Distance Telephone Co. 174.54 "UUU-1062 PKPOR000285214 Philippine Long Distance Telephone Co. 332.07 "UUU-1063 PKPOR000285231 Philippine Long Distance Telephone Co. 675.72 "UUU-1064 PKPOR000285213 Philippine Long Distance Telephone Co. 174.54 "UUU-1065 PKPOR000285207 Philippine Long Distance Telephone Co. 151.69 "UUU-1066 PKPOR000285232 Philippine Long Distance Telephone Co. 179.85 "UUU-1067 PKPOR000285211 Philippine Long Distance Telephone Co. 316.91 "UUU-1068 PKPOR000285235 Philippine Long Distance Telephone Co. 156.54 "UUU-1069 PKPOR000285206 Philippine Long Distance Telephone Co. 231.02 "UUU-1070 PKPOR000285210 Philippine Long Distance Telephone Co. 206.71 "UUU-1071 PKPOR000285221 Philippine Long Distance Telephone Co. 151.09 "UUU-1072 PKPOR000285230 Philippine Long Distance Telephone Co. 151.09 "UUU-1073 PKPOR000285222 Philippine Long Distance Telephone Co. 236.32 "UUU-1074 PKPOR000285223 Philippine Long Distance Telephone Co. 944.04 "UUU-1075 PKPOR000285224 Philippine Long Distance Telephone Co. 574.62 "UUU-1076 PKPOR000285228 Philippine Long Distance Telephone Co. 3,625.34 "UUU-1077 PKPOR000285233 Philippine Long Distance Telephone Co. 151.09 "UUU-1078 PKPOR000285225 Philippine Long Distance Telephone Co. 154.09 "UUU-1079 PKPOR000285226 Philippine Long Distance Telephone Co. 167.85 "UUU-1080 PKPOR000285229 Philippine Long Distance Telephone Co. 3,000.00 "UUU-1081 PKPOR000285215 Philippine Long Distance Telephone Co. 237.34 "UUU-1082 PKPOR000285241 Philippine Long Distance Telephone Co. 960.00 "UUU-1083 PKPOR000285244 Philippine Long Distance Telephone Co. 235.60 "UUU-1084 PKPOR000285243 Philippine Long Distance Telephone Co. 158.59 "UUU-1085 PKPOR000285242 Philippine Long Distance Telephone Co. 279.19 "UUU-1086 PKPOR000285216 Philippine Long Distance Telephone Co. 175.51 "UUU-1109 sbrchr000017891 Smart Communications, Inc. 216.64 "UUU-1110 sbrchr000017892 Smart Communications, Inc. 177.18 "UUU-1111 sbrchr000017892 Smart Communications, Inc. 147.77 "UUU-1112 sbrchr000017892 Smart Communications, Inc. 431.20 "UUU-1113 sbrchr000017892 Smart Communications, Inc. 88.37 "UUU-1114 sbrchr000017892 Smart Communications, Inc. 207.12 "UUU-1115 sbrchr000017892 Smart Communications, Inc. 377.57 "UUU-1116 sbrchr000017892 Smart Communications, Inc. 85.71 "UUU-1117 sbrchr000017892 Smart Communications, Inc. 85.71 "UUU-1118 sbrchr000017892 Smart Communications, Inc. 78.40 "UUU-1119 sbrchr000017893 Smart Communications, Inc. 192.86 "UUU-1120 sbrchr000017893 Smart Communications, Inc. 459.05 "UUU-1121 sbrchr000017893 Smart Communications, Inc. 85.71 "UUU-1122 sbrchr000017893 Smart Communications, Inc. 111.18 "UUU-1123 sbrchr000017893 Smart Communications, Inc. 85.71 "UUU-1124 sbrchr000017893 Smart Communications, Inc. 195.37 "UUU-1125 sbrchr000017893 Smart Communications, Inc. 120.20 "UUU-1126 sbrchr000017893 Smart Communications, Inc. 85.71 "UUU-1127 sbrchr000017893 Smart Communications, Inc. 354.90 "UUU-1128 sbrchr000017893 Smart Communications, Inc. 138.98 "UUU-1129 sbrchr000017893 Smart Communications, Inc. 133.99 "UUU-1130 sbrchr000017893 Smart Communications, Inc. 101.98 "UUU-1131 sbrchr000017893 Smart Communications, Inc. 53.57 "UUU-1179 0009 Smart Broadband, Inc. 212.14 "UUU-1180 0009 Smart Broadband, Inc. 212.14 May "UUU-1235 1372548 DHL Express (Phils.) Corp. 34.80 "UUU-1237 1309836 DHL Express (Phils.) Corp. 2,996.97 "UUU-1241 1372549 DHL Express (Phils.) Corp. 34.80 "UUU-1242 1372549 DHL Express (Phils.) Corp. 3,065.77 "UUU-1243 1372549 DHL Express (Phils.) Corp. 1,700.21 "UUU-1244 1372549 DHL Express (Phils.) Corp. 1,624.87 "UUU-1248 5399 E.M.I.S. Corporation 589.29 "UUU-1249 5399 E.M.I.S. Corporation 1,550.88 "UUU-1250 5399 E.M.I.S. Corporation 3,252.89 "UUU-1251 10387 Eco Triangle Microsystems Co., Inc. 2,425.42 "UUU-1263 10333 Instrumentation & Control Specialist, Inc. 5,280.00 "UUU-1271 105709 Manila Water Company 22,899.02 "UUU-1289 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1290 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1291 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1292 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1293 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1294 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1295 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1296 PKPOR000298111 Philippine Long Distance Telephone Co. 689.38 "UUU-1297 PKPOR000298111 Philippine Long Distance Telephone Co. 689.38 "UUU-1298 PKPOR000298111 Philippine Long Distance Telephone Co. 689.38 "UUU-1299 PKPOR000298111 Philippine Long Distance Telephone Co. 689.38 "UUU-1300 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1301 PKPOR000298111 Philippine Long Distance Telephone Co. 270.05 "UUU-1302 PKPOR000298111 Philippine Long Distance Telephone Co. 155.30 "UUU-1303 PKPOR000298111 Philippine Long Distance Telephone Co. 112.37 "UUU-1304 PKPOR000298111 Philippine Long Distance Telephone Co. 1,072.37 "UUU-1305 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1306 PKPOR000298111 Philippine Long Distance Telephone Co. 160.71 "UUU-1307 PKPOR000292517 Philippine Long Distance Telephone Co. 169.22 "UUU-1308 PKPOR000292518 Philippine Long Distance Telephone Co. 168.88 "UUU-1309 PKPOR000292520 Philippine Long Distance Telephone Co. 897.23 "UUU-1310 PKPOR000292519 Philippine Long Distance Telephone Co. 151.09 "UUU-1311 PKPOR000292522 Philippine Long Distance Telephone Co. 153.27 "UUU-1312 PKPOR000292493 Philippine Long Distance Telephone Co. 151.09 "UUU-1313 PKPOR000292516 Philippine Long Distance Telephone Co. 153.27 "UUU-1314 PKPOR000292521 Philippine Long Distance Telephone Co. 212.42 "UUU-1315 PKPOR000292598 Philippine Long Distance Telephone Co. 231.68 "UUU-1316 PKPOR000292599 Philippine Long Distance Telephone Co. 174.54 "UUU-1317 PKPOR000292500 Philippine Long Distance Telephone Co. 260.13 "UUU-1318 PKPOR000292513 Philippine Long Distance Telephone Co. 523.27 "UUU-1319 PKPOR000292591 Philippine Long Distance Telephone Co. 174.54 "UUU-1320 PKPOR000292594 Philippine Long Distance Telephone Co. 151.09 "UUU-1321 PKPOR000292514 Philippine Long Distance Telephone Co. 173.85 "UUU-1322 PKPOR000292597 Philippine Long Distance Telephone Co. 404.96 "UUU-1323 PKPOR000292595 Philippine Long Distance Telephone Co. 156.54 "UUU-1324 PKPOR000292592 Philippine Long Distance Telephone Co. 230.07 "UUU-1325 PKPOR000292596 Philippine Long Distance Telephone Co. 182.03 "UUU-1326 PKPOR000292503 Philippine Long Distance Telephone Co. 151.09 "UUU-1327 PKPOR000292512 Philippine Long Distance Telephone Co. 151.09 "UUU-1328 PKPOR000292504 Philippine Long Distance Telephone Co. 181.91 "UUU-1329 PKPOR000292505 Philippine Long Distance Telephone Co. 1,229.75 "UUU-1330 PKPOR000292506 Philippine Long Distance Telephone Co. 637.08 "UUU-1331 PKPOR000292510 Philippine Long Distance Telephone Co. 4,055.64 "UUU-1332 PKPOR000292515 Philippine Long Distance Telephone Co. 151.09 "UUU-1333 PKPOR000292507 Philippine Long Distance Telephone Co. 169.09 "UUU-1334 PKPOR000292508 Philippine Long Distance Telephone Co. 161.99 "UUU-1335 PKPOR000292511 Philippine Long Distance Telephone Co. 3,000.00 "UUU-1336 PKPOR000292501 Philippine Long Distance Telephone Co. 326.92 "UUU-1337 PKPOR000292524 Philippine Long Distance Telephone Co. 157.09 "UUU-1338 PKPOR000292523 Philippine Long Distance Telephone Co. 231.83 "UUU-1339 PKPOR000292502 Philippine Long Distance Telephone Co. 266.86 "UUU-1366 23756 Top Rigid Industrial Safety Supply, Inc. 215.89 "UUU-1367 23757 Top Rigid Industrial Safety Supply, Inc. 150.00 June "UUU-1461 105876 Manila Water Company 38,619.41 "UUU-1466 PKPOR000307341 Philippine Long Distance Telephone Co. 1.50 "UUU-1467 PKPOR000307331 Philippine Long Distance Telephone Co. 620.89 "UUU-1468 PKPOR000307332 Philippine Long Distance Telephone Co. 148.37 "UUU-1469 PKPOR000307333 Philippine Long Distance Telephone Co. 112.37 "UUU-1470 PKPOR000307334 Philippine Long Distance Telephone Co. 1,072.37 "UUU-1471 PKPOR000307349 Philippine Long Distance Telephone Co. 223.61 "UUU-1472 PKPOR000307350 Philippine Long Distance Telephone Co. 163.09 "UUU-1473 PKPOR000307352 Philippine Long Distance Telephone Co. 716.74 "UUU-1474 PKPOR000307351 Philippine Long Distance Telephone Co. 151.09 "UUU-1475 PKPOR000307346 Philippine Long Distance Telephone Co. 153.27 "UUU-1476 PKPOR000307335 Philippine Long Distance Telephone Co. 151.09 "UUU-1477 PKPOR000307354 Philippine Long Distance Telephone Co. 153.27 "UUU-1478 PKPOR000307353 Philippine Long Distance Telephone Co. 234.90 "UUU-1479 PKPOR000307326 Philippine Long Distance Telephone Co. 174.54 "UUU-1480 PKPOR000307327 Philippine Long Distance Telephone Co. 176.04 "UUU-1481 PKPOR000307328 Philippine Long Distance Telephone Co. 299.25 "UUU-1482 PKPOR000307345 Philippine Long Distance Telephone Co. 262.55 "UUU-1483 PKPOR000307346 Philippine Long Distance Telephone Co. 194.04 "UUU-1484 PKPOR000307322 Philippine Long Distance Telephone Co. 151.09 "UUU-1485 PKPOR000307348 Philippine Long Distance Telephone Co. 153.27 "UUU-1486 PKPOR000307325 Philippine Long Distance Telephone Co. 252.10 "UUU-1487 PKPOR000307323 Philippine Long Distance Telephone Co. 156.54 "UUU-1488 PKPOR0003073 Philippine Long Distance Telephone Co. 249.06 "UUU-1489 PKPOR0003073 Philippine Long Distance Telephone Co. 173.99 "UUU-1490 PKPOR0003073 Philippine Long Distance Telephone Co. 151.09 "UUU-1491 PKPOR0003073 Philippine Long Distance Telephone Co. 151.09 "UUU-1492 PKPOR0003073 Philippine Long Distance Telephone Co. 156.27 "UUU-1493 PKPOR0003073 Philippine Long Distance Telephone Co. 1,114.28 "UUU-1494 PKPOR0003073 Philippine Long Distance Telephone Co. 443.77 "UUU-1495 PKPOR0003073 Philippine Long Distance Telephone Co. 5,014.61 "UUU-1496 PKPOR0003073 Philippine Long Distance Telephone Co. 151.09 "UUU-1497 PKPOR0003073 Philippine Long Distance Telephone Co. 208.09 "UUU-1498 PKPOR0003073 Philippine Long Distance Telephone Co. 167.33 "UUU-1499 PKPOR0003073 Philippine Long Distance Telephone Co. 3,000.00 "UUU-1500 PKPOR0003073 Philippine Long Distance Telephone Co. 309.71 "UUU-1501 PKPOR0003073 Philippine Long Distance Telephone Co. 240.19 "UUU-1502 PKPOR0003073 Philippine Long Distance Telephone Co. 194.73 "UUU-1503 PKPOR0003073 Philippine Long Distance Telephone Co. 305.59 "UUU-1504 PKPOR0003073 Philippine Long Distance Telephone Co. 158.41 "UUU-1506 43414 Philippine International Insurance 53.76 Broker, Inc. "UUU-1507 43414 Philippine International Insurance 53.76 Broker, Inc. "UUU-1508 43414 Philippine International Insurance 53.76 Broker, Inc. "UUU-1509 43414 Philippine International Insurance 60.00 Broker, Inc. "UUU-1536 1372876 DHL Express (Phils.) Corp. 1,338.11 "UUU-1538 43413 Philippine International Insurance 225.94 Broker, Inc. "UUU-1544 6455 Smart Broadband, Inc. 212.14 "UUU-1546 AF#4000001044/1306987 Teresita Malic Customs Broker 636.48 "UUU-1547 AF#4000003548/1306985 Teresita Malic Customs Broker 564.00 Subtotal 1,762,443.30 Total 2,564,866.92 2) Input VAT on domestic purchases of goods other than capital goods supported by VAT invoices but the VAT was not separately indicated First Quarter of 2009 January "UUU-1563" 6215 R.C. Aviles Engineering & Motor Works 3,890.57 "UUU-1565" 3679 Realsan Enterprises Mf4 & Gen. Mdse. 150.00 February "UUU-1592" 17079 Handog Industrial Gases Distributors, Inc. 231.43 Subtotal 4,272.00 Second Quarter of 2009 May "UUU-1847" 1053 Resources Consolidated Int'l. Trading, Inc. 9,312.42 Subtotal 9,312.42 Total 13,584.42 3) Input VAT on domestic purchases of services supported by documents other than VAT official receipts (ORs) First Quarter of 2009 January "UUU-120" 3.11901E+12 Manila Electric Company 1,545,398.77 "UUU-231" 52743 Smart Broadband, Inc. 212.14 February "UUU-537" 60395 TNT Express Worldwide (Phils.), Inc. 1,638.27 March "UUU-845 BBECHR000000689 Smart Broadband, Inc. 212.14 "UUU-846 SBECHR000012882 Smart Communications, Inc. 192.95 "UUU-847 SBECHR000012882 Smart Communications, Inc. 85.71 "UUU-848 SBECHR000012882 Smart Communications, Inc. 57.63 "UUU-849 SBECHR000012881 Smart Communications, Inc. 256.36 "UUU-850 SBECHR000012881 Smart Communications, Inc. 85.71 "UUU-851 SBECHR000012881 Smart Communications, Inc. 160.21 "UUU-852 SBECHR000012881 Smart Communications, Inc. 144.65 "UUU-853 SBECHR000012881 Smart Communications, Inc. 135.72 "UUU-854 SBECHR000012881 Smart Communications, Inc. 146.12 "UUU-855 SBECHR000012881 Smart Communications, Inc. 244.4 "UUU-856 SBECHR000012881 Smart Communications, Inc. 270.33 "UUU-857 SBECHR000012881 Smart Communications, Inc. 192.86 "UUU-858 SBECHR000012881 Smart Communications, Inc. 100.32 "UUU-859 SBECHR000012881 Smart Communications, Inc. 129.98 "UUU-860 SBECHR000012881 Smart Communications, Inc. 220.99 "UUU-861 SBECHR000012881 Smart Communications, Inc. 173.87 "UUU-862 60394 TNT Express Worldwide (Phils.), Inc. 685.08 "UUU-863 60394 TNT Express Worldwide (Phils.), Inc. 55.66 "UUU-864 60394 TNT Express Worldwide (Phils.), Inc. 87.96 "UUU-912 60396 TNT Express Worldwide (Phils.), Inc. 1,349.87 "UUU-913 60396 TNT Express Worldwide (Phils.), Inc. 45.96 "UUU-914 60396 TNT Express Worldwide (Phils.), Inc. 595.59 "UUU-915 60396 TNT Express Worldwide (Phils.), Inc. 1,873.38 "UUU-916 60396 TNT Express Worldwide (Phils.), Inc. -15.69 Subtotal 1,554,736.94 Second Quarter of 2009 May "UUU-1272 237DMCE3 Mary Jane B. Nebres 847.06 "UUU-1273 237DMCE3 Mary Jane B. Nebres 847.06 "UUU-1415 SBECHR000021497 Smart Communications, Inc. 267.68 "UUU-1416 SBECHR000021497 Smart Communications, Inc. 85.71 "UUU-1417 SBECHR000021497 Smart Communications, Inc. 199.00 "UUU-1418 SBECHR000021497 Smart Communications, Inc. 192.86 "UUU-1419 SBECHR000021497 Smart Communications, Inc. 102.90 "UUU-1420 SBECHR000021497 Smart Communications, Inc. 85.71 "UUU-1421 SBECHR000021497 Smart Communications, Inc. 604.42 "UUU-1422 SBECHR000021497 Smart Communications, Inc. 253.68 "UUU-1423 SBECHR000021497 Smart Communications, Inc. 671.74 "UUU-1424 SBECHR000021497 Smart Communications, Inc. 163.33 "UUU-1425 SBECHR000021497 Smart Communications, Inc. 117.90 "UUU-1426 SBECHR003024477 Smart Communications, Inc. 540.58 "UUU-1427 SBECHR003024477 Smart Communications, Inc. 85.71 "UUU-1428 SBECHR003024477 Smart Communications, Inc. 127.74 "UUU-1429 SBECHR003024477 Smart Communications, Inc. 85.71 "UUU-1430 SBECHR003024477 Smart Communications, Inc. 86.25 "UUU-1431 SBECHR003024477 Smart Communications, Inc. 192.86 "UUU-1432 SBECHR003024477 Smart Communications, Inc. 224.77 "UUU-1433 SBECHR003024477 Smart Communications, Inc. 449.06 "UUU-1434 SBECHR003024477 Smart Communications, Inc. 220.08 "UUU-1435 SBECHR003024477 Smart Communications, Inc. 102.11 "UUU-1436 SBECHR003024477 Smart Communications, Inc. 127.68 June "UUU-1459 39378 Manila Electric Company 1,759,501.72 Subtotal 1,766,183.32 Total 3,320,920.26 4) Input VAT on domestic purchases of goods supported by documents other than VAT invoices Second Quarter of 2009 May "UUU-1954" 6438 R.C. Aviles Engineering & Motor Works 4,650.11 "UUU-1955" 6441 R.C. Aviles Engineering & Motor Works 1,530.00 "UUU-1956" 6453 R.C. Aviles Engineering & Motor Works 3,856.89 Total 10,037.00 5) Input VAT on domestic purchases or capital goods exceeding P1Million supported by documents other than VAT invoices First Quarter of 2009 January "UUU-1984" 1922 Fairchiled Process Controls 25,800.00 "UUU-1985" 7919 Officelux Interior 2,508.78 Total 28,308.78 Exhibit OR/Invoice/IEIRD No. Supplier Input VAT (In PhP) 1) Input VAT on domestic purchases of services supported by VAT official receipts (ORs) but the VAT was not separately indicated First Quarter of 2009 January "UUU-128 PKPOR000255941 Philippine Long Distance Telephone Co. 593.10 "UUU-129 PKPOR000255941 Philippine Long Distance Telephone Co. 587.82 "UUU-130 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-131 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-132 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-133 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-134 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-135 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-136 PKPOR000255941 Philippine Long Distance Telephone Co. 689.38 "UUU-137 PKPOR000255941 Philippine Long Distance Telephone Co. 689.38 "UUU-138 PKPOR000255941 Philippine Long Distance Telephone Co. 689.38 "UUU-139 PKPOR000255941 Philippine Long Distance Telephone Co. 689.38 "UUU-140 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-141 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-142 PKPOR000255941 Philippine Long Distance Telephone Co. 160.71 "UUU-143 PKPOR000255941 Philippine Long Distance Telephone Co. 287.13 "UUU-144 PKPOR000255941 Philippine Long Distance Telephone Co. 960.00 "UUU-145 PKPOR000255941 Philippine Long Distance Telephone Co. 297.35 "UUU-146 PKPOR000255941 Philippine Long Distance Telephone Co. 166.09 "UUU-147 PKPOR000255941 Philippine Long Distance Telephone Co. 177.01 "UUU-148 PKPOR000255941 Philippine Long Distance Telephone Co. 235.07 "UUU-149 PKPOR000258922 Philippine Long Distance Telephone Co. 534.04 "UUU-150 PKPOR000258922 Philippine Long Distance Telephone Co. 205.79 "UUU-151 PKPOR000258922 Philippine Long Distance Telephone Co. 129.50 "UUU-152 PKPOR000258922 Philippine Long Distance Telephone Co. 1,081.34 "UUU-153 PKPOR000255906-934 Philippine Long Distance Telephone Co. 156.54 "UUU-154 PKPOR000255906-934 Philippine Long Distance Telephone Co. 159.27 "UUU-155 PKPOR000255906-934 Philippine Long Distance Telephone Co. 967.60 "UUU-156 PKPOR000255906-934 Philippine Long Distance Telephone Co. 151.09 "UUU-157 PKPOR000255906-934 Philippine Long Distance Telephone Co. 175.77 "UUU-158 PKPOR000255906-934 Philippine Long Distance Telephone Co. 151.09 "UUU-159 PKPOR000255906-934 Philippine Long Distance Telephone Co. 153.27 "UUU-160 PKPOR000255906-934 Philippine Long Distance Telephone Co. 260.12 "UUU-161 PKPOR000255906-934 Philippine Long Distance Telephone Co. 194.04 "UUU-162 PKPOR000255906-934 Philippine Long Distance Telephone Co. 431.52 "UUU-163 PKPOR000255906-934 Philippine Long Distance Telephone Co. 276.02 "UUU-164 PKPOR000255906-934 Philippine Long Distance Telephone Co. 660.16 "UUU-165 PKPOR000255906-934 Philippine Long Distance Telephone Co. 186.54 "UUU-166 PKPOR000255906-934 Philippine Long Distance Telephone Co. 151.09 "UUU-167 PKPOR000255906-934 Philippine Long Distance Telephone Co. 206.19 "UUU-168 PKPOR000255906-934 Philippine Long Distance Telephone Co. 329.40 "UUU-169 PKPOR000255906-934 Philippine Long Distance Telephone Co. 157.63 "UUU-170 PKPOR000255906-934 Philippine Long Distance Telephone Co. 207.84 "UUU-171 PKPOR000255906-934 Philippine Long Distance Telephone Co. 185.99 "UUU-172 PKPOR000255906-934 Philippine Long Distance Telephone Co. 151.09 "UUU-173 PKPOR000255906-934 Philippine Long Distance Telephone Co. 151.09 "UUU-174 PKPOR000255906-934 Philippine Long Distance Telephone Co. 358.28 "UUU-175 PKPOR000255906-934 Philippine Long Distance Telephone Co. 1,075.22 "UUU-176 PKPOR000255906-934 Philippine Long Distance Telephone Co. 565.17 "UUU-177 PKPOR000255906-934 Philippine Long Distance Telephone Co. 3,542.13 "UUU-178 PKPOR000255906-934 Philippine Long Distance Telephone Co. 151.09 "UUU-179 PKPOR000255906-934 Philippine Long Distance Telephone Co. 152.59 "UUU-180 PKPOR000255906-934 Philippine Long Distance Telephone Co. 157.63 "UUU-181 PKPOR000255906-934 Philippine Long Distance Telephone Co. 3,000.00 "UUU-182 29832 Philippine Forklift Center, Inc. 3,336.04 "UUU-183 29845 Philippine Forklift Center, Inc. 266.79 "UUU-184 29845 Philippine Forklift Center, Inc. 1,723.14 "UUU-255 39141 Toyota Makati, Inc. 1,794.34 "UUU-256 93128 Toyota Pasong Tamo 595.23 "UUU-257 313314 Toyota Shaw Ortigas 876.37 "UUU-258 313314 Toyota Shaw Ortigas 175.36 "UUU-259 313314 Toyota Shaw Ortigas 2,093.62 "UUU-287 3819 Comfac Corporation 15,475.50 "UUU-297 1930 Fairchild Process Controls 14,382.00 "UUU-320 AF#B37438/1248549 Int'l. Container Terminal Services, Inc. 1,042.68 "UUU-325 AF#B36113/1253525 Teresita Malic Customs Broker 636.00 "UUU-326 AF#B37438/1248549 Teresita Malic Customs Broker 2,441.58 "UUU-327 AF#B40238/1260168 Teresita Malic Customs Broker 636.00 February "UUU-329" 12783 Access Frontier Technologies, Inc. 427.20 "UUU-332" 951 Asiamark Const. & Sales Corp. 1,154.37 "UUU-404" 395 Filipinas Inspection, Inc. 732.60 "UUU-406" GTWRBD07032567 Globe Telecom 29,548.43 "UUU-435" 104572 Manila Water Company 21,528.44 "UUU-442" 11721 Mirof Resources, Inc. 195.78 "UUU-443" 11721 Mirof Resources, Inc. 362.21 "UUU-444" 11721 Mirof Resources, Inc. 723.99 "UUU-445" 11721 Mirof Resources, Inc. 2,493.09 "UUU-446" 11721 Mirof Resources, Inc. 1,019.21 "UUU-447" 11721 Mirof Resources, Inc. 796.86 "UUU-448" 11721 Mirof Resources, Inc. 1,746.22 "UUU-449" 11721 Mirof Resources, Inc. 236.06 "UUU-459 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-460 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-461 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-462 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-463 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-464 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-465 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-466 PKPOR000267769 Philippine Long Distance Telephone Co. 689.38 "UUU-467 PKPOR000267769 Philippine Long Distance Telephone Co. 689.38 "UUU-468 PKPOR000267769 Philippine Long Distance Telephone Co. 689.38 "UUU-469 PKPOR000267769 Philippine Long Distance Telephone Co. 689.38 "UUU-470 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-471 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-472 PKPOR000267769 Philippine Long Distance Telephone Co. 160.71 "UUU-473 PKPOR000267769 Philippine Long Distance Telephone Co. 960.00 "UUU-474 PKPOR000263831 Philippine Long Distance Telephone Co. 156.54 "UUU-475 PKPOR000263836 Philippine Long Distance Telephone Co. 174.01 "UUU-476 PKPOR000263838 Philippine Long Distance Telephone Co. 555.99 "UUU-477 PKPOR000263817 Philippine Long Distance Telephone Co. 151.09 "UUU-478 PKPOR000263826 Philippine Long Distance Telephone Co. 153.27 "UUU-479 PKPOR000263828 Philippine Long Distance Telephone Co. 153.27 "UUU-480 PKPOR000263827 Philippine Long Distance Telephone Co. 221.4 "UUU-481 PKPOR000263829 Philippine Long Distance Telephone Co. 521.73 "UUU-482 PKPOR000263830 Philippine Long Distance Telephone Co. 183.00 "UUU-483 PKPOR000263823 Philippine Long Distance Telephone Co. 151.09 "UUU-484 PKPOR000263825 Philippine Long Distance Telephone Co. 151.09 "UUU-485 PKPOR000263818 Philippine Long Distance Telephone Co. 153.27 "UUU-486 PKPOR000263824 Philippine Long Distance Telephone Co. 997.69 "UUU-487 PKPOR000263822 Philippine Long Distance Telephone Co. 394.71 "UUU-488 PKPOR000263820 Philippine Long Distance Telephone Co. 3,163.71 "UUU-489 PKPOR000263837 Philippine Long Distance Telephone Co. 151.09 "UUU-490 PKPOR000263819 Philippine Long Distance Telephone Co. 270.13 "UUU-491 PKPOR000263835 Philippine Long Distance Telephone Co. 163.09 "UUU-492 PKPOR000263821 Philippine Long Distance Telephone Co. 3,000.00 "UUU-493 PKPOR000263833 Philippine Long Distance Telephone Co. 298.28 "UUU-494 PKPOR000263832 Philippine Long Distance Telephone Co. 187.09 "UUU-495 PKPOR000263839 Philippine Long Distance Telephone Co. 204.79 "UUU-496 PKPOR000263834 Philippine Long Distance Telephone Co. 10.50 "UUU-552 3751 Veolia Water Solutions & Technologies 964.29 (Phils.), Inc. "UUU-553 3912 Veolia Water Solutions & Technologies 1,285.71 (Phils.), Inc. "UUU-558 8703 Yokogawa Phils., Inc. 8,139.21 "UUU-599 PKPOR000263862 Philippine Long Distance Telephone Co. 334.59 "UUU-600 PKPOR000263862 Philippine Long Distance Telephone Co. 188.33 "UUU-601 PKPOR000263862 Philippine Long Distance Telephone Co. 122.06 "UUU-602 PKPOR000263862 Philippine Long Distance Telephone Co. 1,085.66 "UUU-603 PKPOR000263851 Philippine Long Distance Telephone Co. 151.09 "UUU-604 PKPOR000263856 Philippine Long Distance Telephone Co. 180.69 "UUU-605 PKPOR000263857 Philippine Long Distance Telephone Co. 369.84 "UUU-606 PKPOR000263858 Philippine Long Distance Telephone Co. 160.53 "UUU-607 PKPOR000263849 Philippine Long Distance Telephone Co. 188.04 "UUU-608 PKPOR000263852 Philippine Long Distance Telephone Co. 151.09 "UUU-609 PKPOR000263854 Philippine Long Distance Telephone Co. 234.68 "UUU-610 PKPOR000263853 Philippine Long Distance Telephone Co. 157.63 "UUU-611 PKPOR000263850 Philippine Long Distance Telephone Co. 175.09 "UUU-612 PKPOR000263855 Philippine Long Distance Telephone Co. 213.69 "UUU-613 PKPOR000263859 Philippine Long Distance Telephone Co. 227.65 "UUU-614 PKPOR000263860 Philippine Long Distance Telephone Co. 190.43 "UUU-623 AF#B40239/1270768 Cargohaus, Inc. 417.02 "UUU-624 AF#B40239/1270768 Cargohaus, Inc. 417.57 "UUU-625 AF#B40237/1261857 Cargohaus, Inc. 761.87 "UUU-629 AF#B40237/1261857 Teresita Malic Customs Broker 645.87 "UUU-630 AF#B40239/1270768 Teresita Malic Customs Broker 650.49 "UUU-631 AF#B40239/1270768 Teresita Malic Customs Broker 650.55 "UUU-632 AF#B41927/1269463 Teresita Malic Customs Broker 754.23 "UUU-633 AF#B41985/1261859 Fritz Logistics Phils., Inc. 120.00 March "UUU-643 5190 Carry-All International Forwarders, Inc. 16,800.00 "UUU-644 5190 Carry-All International Forwarders, Inc. 14,280.00 "UUU-645 5190 Carry-All International Forwarders, Inc. 1,368.00 "UUU-646 5190 Carry-All International Forwarders, Inc. 1,140.00 "UUU-647 5190 Carry-All International Forwarders, Inc. 1,482.00 "UUU-648 5190 Carry-All International Forwarders, Inc. 1,482.00 "UUU-656 5187 Carry-All International Forwarders, Inc. 5,586.00 "UUU-704 1287 Dumalaog Construction, Inc. 27,000.00 "UUU-705 17983 F.F. Cruz & Company 14,400.00 "UUU-710 66727 General Electric Phils., Inc. 4,416.00 "UUU-715 5916 J-10, Incorporated 144.00 "UUU-716 3028 JSS Integrated Services Inc. 2,871.00 "UUU-728 104862 Manila Water Company 15,992.40 "UUU-734 12323 Marco, Inc. 696.43 "UUU-735 2678 MH Poly-Electromechs, Inc. 2,520.00 "UUU-736 2670 MH Poly-Electromechs, Inc. 6,000.00 "UUU-737 10923 Mirof Resources, Inc. 1,530.91 "UUU-738 19024 Mirof Resources, Inc. 796.83 "UUU-739 19024 Mirof Resources, Inc. 1,787.52 "UUU-740 11128 Mirof Resources, Inc. 5,929.22 "UUU-741 11128 Mirof Resources, Inc. 1,946.30 "UUU-742 11128 Mirof Resources, Inc. 1,992.02 "UUU-744 40757 Nalco Philippines, Inc. 11,507.36 "UUU-745 40757 Nalco Philippines Inc. 11,507.36 "UUU-746 5332 Newton Electrical Equipment Co., Inc. 2,639.04 "UUU-747 5332 Newton Electrical Equipment Co., Inc. 6,333.60 "UUU-752 PKPOR000274740 Philippine Long Distance Telephone Co. 160.71 "UUU-753 PKPOR000274741 Philippine Long Distance Telephone Co. 160.71 "UUU-754 PKPOR000274742 Philippine Long Distance Telephone Co. 160.71 "UUU-755 PKPOR000274743 Philippine Long Distance Telephone Co. 160.71 "UUU-756 PKPOR000274744 Philippine Long Distance Telephone Co. 160.71 "UUU-757 PKPOR000274745 Philippine Long Distance Telephone Co. 160.71 "UUU-758 PKPOR000274746 Philippine Long Distance Telephone Co. 160.71 "UUU-759 PKPOR000274749 Philippine Long Distance Telephone Co. 689.38 "UUU-760 PKPOR000274750 Philippine Long Distance Telephone Co. 689.38 "UUU-761 PKPOR000274751 Philippine Long Distance Telephone Co. 689.38 "UUU-762 PKPOR000274752 Philippine Long Distance Telephone Co. 689.38 "UUU-763 PKPOR000274747 Philippine Long Distance Telephone Co. 160.71 "UUU-764 PKPOR000274713 Philippine Long Distance Telephone Co. 354.03 "UUU-765 PKPOR000274714 Philippine Long Distance Telephone Co. 206.33 "UUU-766 PKPOR000274715 Philippine Long Distance Telephone Co. 117.98 "UUU-767 PKPOR000274716 Philippine Long Distance Telephone Co. 1,077.98 "UUU-768 PKPOR000274748 Philippine Long Distance Telephone Co. 160.71 "UUU-769 PKPOR000274753 Philippine Long Distance Telephone Co. 160.71 "UUU-770 PKPOR000274731 Philippine Long Distance Telephone Co. 156.54 "UUU-771 PKPOR000274732 Philippine Long Distance Telephone Co. 166.93 "UUU-772 PKPOR000274735 Philippine Long Distance Telephone Co. 691.67 "UUU-773 PKPOR000274733 Philippine Long Distance Telephone Co. 154.93 "UUU-774 PKPOR000274730 Philippine Long Distance Telephone Co. 153.27 "UUU-775 PKPOR000274703 Philippine Long Distance Telephone Co. 151.09 "UUU-776 PKPOR000274736 Philippine Long Distance Telephone Co. 153.27 "UUU-777 PKPOR000274735 Philippine Long Distance Telephone Co. 231.76 "UUU-778 PKPOR000274708 Philippine Long Distance Telephone Co. 193.63 "UUU-779 PKPOR000274709 Philippine Long Distance Telephone Co. 1,998.29 "UUU-780 PKPOR000274710 Philippine Long Distance Telephone Co. 538.35 "UUU-781 PKPOR000274727 Philippine Long Distance Telephone Co. 684.58 "UUU-782 PKPOR000274701 Philippine Long Distance Telephone Co. 174.54 "UUU-783 PKPOR000274704 Philippine Long Distance Telephone Co. 151.09 "UUU-784 PKPOR000274728 Philippine Long Distance Telephone Co. 172.68 "UUU-785 PKPOR000274707 Philippine Long Distance Telephone Co. 353.82 "UUU-786 PKPOR000274705 Philippine Long Distance Telephone Co. 156.54 "UUU-787 PKPOR000274702 Philippine Long Distance Telephone Co. 346.4 "UUU-788 PKPOR000274706 Philippine Long Distance Telephone Co. 179.05 "UUU-789 PKPOR000274717 Philippine Long Distance Telephone Co. 151.09 "UUU-790 PKPOR000274729 Philippine Long Distance Telephone Co. 151.09 "UUU-791 PKPOR000274718 Philippine Long Distance Telephone Co. 286.84 "UUU-792 PKPOR000274719 Philippine Long Distance Telephone Co. 1,062.11 "UUU-793 PKPOR000274720 Philippine Long Distance Telephone Co. 493.83 "UUU-794 PKPOR000274724 Philippine Long Distance Telephone Co. 4,023.47 "UUU-795 PKPOR000274726 Philippine Long Distance Telephone Co. 151.09 "UUU-796 PKPOR000274721 Philippine Long Distance Telephone Co. 203.47 "UUU-797 PKPOR000274722 Philippine Long Distance Telephone Co. 163.08 "UUU-798 PKPOR000274725 Philippine Long Distance Telephone Co. 3,000.00 "UUU-799 PKPOR000274739 Philippine Long Distance Telephone Co. 246.47 "UUU-800 PKPOR000274738 Philippine Long Distance Telephone Co. 176.59 "UUU-801 PKPOR000274737 Philippine Long Distance Telephone Co. 255.79 "UUU-802 PKPOR000274712 Philippine Long Distance Telephone Co. 241.34 "UUU-803 PKPOR000274711 Philippine Long Distance Telephone Co. 175.23 "UUU-804 PKPOR000278701 Philippine Long Distance Telephone Co. 960.00 "UUU-818 417 Prime Mover Business Solutions, Inc. 1,356.61 "UUU-819 417 Prime Mover Business Solutions, Inc. 2,292.47 "UUU-820 417 Prime Mover Business Solutions, Inc. 2,347.78 "UUU-821 417 Prime Mover Business Solutions, Inc. 2,156.68 "UUU-822 417 Prime Mover Business Solutions, Inc. 1,407.64 "UUU-823 436 Prime Mover Business Solutions, Inc. 2,293.25 "UUU-824 436 Prime Mover Business Solutions, Inc. 1,479.40 "UUU-825 64 R&F Electrical Services 2,142.86 "UUU-826 3352 R.C. Aviles Engineering & Motor Works 4,392.86 "UUU-827 3352 R.C. Aviles Engineering & Motor Works 1,285.71 "UUU-828 3352 R.C. Aviles Engineering & Motor Works 2,125.61 "UUU-829 3353 R.C. Aviles Engineering & Motor Works 803.57 "UUU-830 3353 R.C. Aviles Engineering & Motor Works 5,329.18 "UUU-831 3301 R.C. Aviles Engineering & Motor Works 3,575.08 "UUU-832 3301 R.C. Aviles Engineering & Motor Works 589.29 "UUU-833 3301 R.C. Aviles Engineering & Motor Works 2,650.18 "UUU-834 1084 Ropen Engineering & Supplies 166.28 "UUU-835 1084 Ropen Engineering & Supplies 938.52 "UUU-836 1092 Ropen Engineering & Supplies 166.29 "UUU-837 1092 Ropen Engineering & Supplies 673.01 "UUU-838 1092 Ropen Engineering & Supplies 214.29 "UUU-839 1092 Ropen Engineering & Supplies 850.50 "UUU-840 1092 Ropen Engineering & Supplies 662.44 "UUU-841 1092 Ropen Engineering & Supplies 257.14 "UUU-842 1092 Ropen Engineering & Supplies 300.00 "UUU-843 1092 Ropen Engineering & Supplies 83.14 "UUU-844 1092 Ropen Engineering & Supplies 213.83 "UUU-865 1281967 Airfreight 2100, Inc. 1,170.60 "UUU-866 1281967 Airfreight 2100, Inc. 1,918.00 "UUU-867 1270661 Airfreight 2100, Inc. 20,412.67 "UUU-868 1281970 Airfreight 2100, Inc. 72.00 "UUU-869 342 Claveria Construction Co. 17,678.57 "UUU-870 366 Claveria Construction Co. 26,250.67 "UUU-871 1687 Fairchild Process Controls 5,880.00 "UUU-876 616 Leadsteel Fabricators 9,720.00 "UUU-877 620 Leadsteel Fabricators 16,210.00 "UUU-879 3440 R.C. Aviles Engineering & Motor Works 1,594.82 "UUU-880 3434 R.C. Aviles Engineering & Motor Works 6,428.57 "UUU-881 3302 R.C. Aviles Engineering & Motor Works 1,820.36 "UUU-882 3362 R.C. Aviles Engineering & Motor Works 21,428.57 "UUU-883 3362 R.C. Aviles Engineering & Motor Works -6,428.57 "UUU-884 3438 R.C. Aviles Engineering & Motor Works 6,495.84 "UUU-885 1090 Ropen Engineering & Supplies 1,853.62 "UUU-886 2338 Tork Philippines Inc. 32,764.10 "UUU-887 27296 U-Ocean Inc. 12,779.26 "UUU-891 512 Amther Cooling System Co. Inc. 6,669.59 "UUU-893 244 BP Industrial Supplies and Services Inc. 660.00 "UUU-894 244 BP Industrial Supplies and Services Inc. 1,071.43 "UUU-895 1281778 Airfreight 2100 Inc. 282.6 "UUU-896 51133 C.B. Barangay Enterprises 16,560.00 "UUU-904 357 Claveria Construction Co. 3,337.50 "UUU-905 337 Claveria Construction Co. 149,296.63 "UUU-906 359 Claveria Construction Co. 3,908.57 "UUU-907 359 Claveria Construction Co. 1,604.57 "UUU-908 358 Claveria Construction Co. 3,337.50 "UUU-909 1666 Fairchild Process Controls 27,264.00 "UUU-910 1098 Ropen Engineering & Supplies 11,286.00 "UUU-911 52789 SKF Philippines, Inc. 3,234.00 "UUU-932 AF#B50390/1281969 Teresita Malic Customs Broker 636.00 "UUU-933 AF#B49511/1281968 Teresita Malic Customs Broker 1,461.71 Subtotal 802,423.62 Footnotes 1. Petition for Review, CTA Case No. 8259, Docket , Vol. One, p. 15. 2. Petition for Review, CTA Case No. 8296, p. 15. 3. Docket, pp. 1718. 4. Exhibit "C". 5. Exhibit "TT". 6. Otherwise known as the "Special Economic Zone Act of 1995". 7. Otherwise known as the "Bases Conversion and Development Act of 1992". 8. Otherwise known as the "Omnibus Investments Code of 1987". 9. Exhibits "QQQ" through "RRRR". 10. Exhibit "I". 11. Exhibit "J". 12. Exhibit "S". 13. Exhibit "C". 14. Exhibit "TT". 15. Docket , p. 115. 16. Id. 17. Checklist of Documents to be Submitted by a Taxpayer upon Audit of his Tax Liabilities as well as of the Mandatory Reporting Requirements to be Prepared by a Revenue Officer, all of which Comprise a Complete Tax Docket. 18. Exhibit SSS. 19. Docket , pp. 1717-1743. 20. Joint Stipulation of Facts and Issues (JSFI), Stipulation of Issue, CTA Case No. 8259, Docket, Vol. 2, p. 924. 21. Luzon Hydro Corporation vs. Commissioner of Internal Revenue , G.R. No. 188260, November 13, 2013. 22. JSFI, Stipulation of Facts, par. 4, CTA Case No. 8259, Docket , Vol. 2, p. 923. 23. JSFI, Stipulation of Facts, par. 3, CTA Case No. 8259, Docket , Vol. 2, p. 923. 24. G.R. No. 150154, August 9, 2005. 25. G.R. No. 149671, July 21, 2006. 26. Exhibits "XXX-1" to "XXX-3049". 27. Exhibit "UU". 28. Exhibits "WW-1" and "WW-2". 29. Exhibit "VV". 30. Exhibit "O 5 -1". 31. Exhibit "O 5 -1", Annex C-3. 32. Exhibit "O 5 -1", Annex C-4. 33. See details in Annex A of this Decision. 34. Exhibits "UUU-1" to "UUU-2574" and "VVV-1" to "VVV-111". 35. Exhibit "O 5 -1", pp. 4-5. 36. See details in Annex B of this Decision. 37. Difference of P0.03 (P739,696.01 minus P739,695.98) is due to rounding-off. 38. Exhibit "O 5 -1", p. 6, par. 1. 39. Exhibit "I", line 15B. 40. Exhibit "J", line 15B. 41. Exhibit "I", line 20A.