University of the Philippines (2)

August 6, 2019 FIRB RESOLUTION NO. 006-19 SUBJECT MATTER : University of the Philippines (2) WHEREAS, the University of the Philippines (UP) is mandated to serve as a research university in various fields of expertise by conducting applied research and development and contributing to the dissemination and application of knowledge; WHEREAS, Philippine-California Advanced Research Institutes of the Commission on Higher Education (CHED-PCARI) leads the project, entitled, "Development of Wireless Sensor Network-Based Water Information System for Efficient Irrigation Water Management in the Philippines"; HTcADC WHEREAS, the significant byproduct of this project will provide detailed and real-time information on surface and subsurface hydrologic conditions, local meteorological conditions, soil conditions, etc., and, if necessary, control an automatic irrigation scheduling application system which will result in numerous benefits and positive impacts including good management policies in the agricultural and water sector, improved enforcement through informed populace and a direct economic improvement for the stakeholder; WHEREAS, this project involves the procurement of equipment which will be used for pilot-testing of the wireless sensor network technology in drip-irrigated upland crop productions systems and lowland rice production systems; WHEREAS, no additional costs for taxes and duties were considered because of UP's exemption from the payment of custom duties and taxes on its importation under Republic Act (RA) 9500, otherwise known as "An Act to Strengthen the University of the Philippines as the National University"; WHEREAS, Section 86 of RA 10963, or the Tax Reform for Acceleration and Inclusion (TRAIN) Law repealed Section 25 (b) and (c) of RA 9500, insofar as value added tax (VAT) exemption is concerned; WHEREAS, RA 10963 also provides that VAT obligations of state universities and colleges whose VAT exemption has been repealed under this Act shall be chargeable to the Tax Expenditure Fund (TEF) provided for in the Annual General Appropriations Act; NOW, THEREFORE, BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to approve the application for tax subsidy of the UP in the amount of One Hundred Seventy Thousand Four Hundred Seventy One Pesos (PhP170,471.00) only, covering the VAT on the importation of two (2) units of network manager set, nineteen (19) units of neomote set, nineteen (19) units of charge controllers and two (2) units of signal hoppers. Provided , that the Certificate of Entitlement to Subsidy (CES) shall be issued only upon submission by the UP to the FIRB of the required billings/statement of accounts pertaining to the said importation. Provided further , that such availment shall be in accordance with the terms and conditions of Section 15 (c) of Republic Act 11260 or the 2019 General Appropriations Act, subject to the availability of funds therefor, pursuant to the terms and conditions of the Rules and Regulations to Implement the Subsidy Provision under Executive Order No. 93. (SGD.) LAURA B. PASCUA Undersecretary Department of Budget and Management (SGD.) CEFERINO S. RODOLFO Undersecretary Department of Trade and Industry (SGD.) ROSEMARIE G. EDILLON Deputy Director-General National Economic and Development Authority (SGD.) MARISSA O. CABREROS Deputy Commissioner Bureau of Internal Revenue (SGD.) REY LEONARDO B. GUERRERO Commissioner Bureau of Customs (SGD.) DONALDO M. BOO OIC-Executive Director National Tax Research Center Head, FIRB Secretariat (SGD.) ANTONETTE C. TIONKO Undersecretary of Finance Presiding Officer-FIRB