Granby Trading and Construction

March 9, 2018 CERTIFICATE OF TAX EXEMPTION NO. 403-18 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that GRANBY TRADING AND CONSTRUCTION (TIN: 000-000-000-000), 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 National Housing Authority (NHA)'s Yolanda Permanent Housing Program, 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 December 4, 2014 March 16, 2015 P____________ Balai Bantayan Phase I Brgy. Kabac, Bantayan, Bantayan Is., Cebu 450 However, the purchases of goods/articles by GRANBY TRADING AND CONSTRUCTION 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 GRANBY TRADING AND CONSTRUCTION must issue non-VAT official receipts on its gross receipts from the said socialized housing project. ICHDca 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. cDHAES Issued this 9th day of March, 2018. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue