Certificate of Tax Exemption No. 1132-18

August 28, 2018 CERTIFICATE OF TAX EXEMPTION NO. 1132-18 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that NEW KANLAON CONSTRUCTION, INC. 1 / JOSE CRIS BUILDERS (JV) , 2 an entity engaged by the National Housing Authority (NHA), is exempt from project-related income taxes, creditable withholding tax and value added tax (VAT), pursuant to Section 20 (d) (1) and (3) of Republic Act No. 7279, on its income received directly in connection with the construction/development of socialized housing units under the NHA's Socialized Housing Program, intended for qualified Informal Settler Families (ISFs) residing along danger areas, to wit: Date of Notice of Award Date of Contract Agreement Contract Price (Php) Project Name Location No. of Socialized Housing Units Subject of Tax Exemption March 01, 2013 December 04, 2013 3 December 06, 2013 4 P___________ Ten (10) Five-Storey Medium-Rise Buildings with Land Development and Survey Works (Package 3) Pleasant Hills, City of San Jose Del Monte, Bulacan 1,800 However, the purchases of goods/articles by NEW KANLAON CONSTRUCTION, INC./JOSE CRIS BUILDERS (JV) shall be subject to VAT, even if the said purchases are to be used for the socialized housing project, since VAT is an indirect tax which can be passed on by the seller of the goods/services. It shall be understood that NEW KANLAON CONSTRUCTION, INC./JOSE CRIS BUILDERS (JV) must issue VAT-Exempt official receipts on its gross receipts from the said socialized housing project. This Certificate of Tax Exemption is being issued on the basis of the facts and documents as represented and submitted. However, if upon investigation, the BIR ascertains that the facts are different, then this Certificate shall be considered null and void. Issued this 28th day of August, 2018. aDSIHc (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Taxpayers Identification Number (TIN): 000-000-000-000. 2. TIN: 000-000-000-000. 3. Date acknowledged by the NHA. 4. Date acknowledged by New Kanlaon Construction, Inc./Jose Cris Builders (JV).