Excelsius Engineering Services

December 5, 2019 CERTIFICATE OF TAX EXEMPTION NO. 725-19 CERTIFICATE OF TAX EXEMPTION TO ALL WHOM IT MAY CONCERN : This certifies that EXCELSIUS ENGINEERING SERVICES (TIN: 000-000-000-000), an entity engaged by the National Housing Authority (NHA), is exempt from project-related income taxes and creditable withholding tax and value added tax (VAT), pursuant to Section 20 (d) (1) and (3) of Republic Act No. 7279, as amended by RA No. 10884 (Balanced Housing Development Program Amendments) dated July 17, 2016, on its income received directly in connection with the construction of socialized housing units under the NHA's 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 Oct. 18, 2017 Nov. 08, 2017 1 Nov. 29, 2017 2 P__________ 3 Supply and Installation of Transitory Shelter in Marawi City under Modified Design and Build Contract Package 3 (Re-Bid) Brgy. Sagonsongan, Marawi City 2017 4 However, the purchases of goods/articles by EXCELSIUS ENGINEERING SERVICES 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 EXCELSIUS ENGINEERING SERVICES 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 5th day of December, 2019. (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue Footnotes 1. Date Acknowledged by EXCELSIUS ENGINEERING SERVICES. 2. Date Acknowledged by NHA. 3. The original contract price amounting to P __________ per Contract Agreement was adjusted to P __________ for the provision of 261 house and lot units covered by Variation Order No. 1 but was finally revised to a contract cost of P __________ based on the final work accomplished per Certification issued by the National Housing Authority dated November 5, 2019. 4. The number of units was reduced from the original 261 house and lots units to 217 per Certification issued by the National Housing Authority dated November 5, 2019.