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National Kidney and Transplant Institute

FIRB Resolution No. 007-02 • Fiscal Incentives Review Board • Resolutions • Nov 28, 2002

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November 28, 2002 FIRB RESOLUTION NO. 007-02 SUBJECT : National Kidney and Transplant Institute WHEREAS, the National Kidney and Transplant Institute (NKTI) provides specialized renal care services to a number of patients, most of whom are charity cases; WHEREAS, the operations of the NKTI require the replacement of outdated equipment and continuing provisions of supplies and materials, most of which are not locally available or are not available in the quantity and/or quality required, thus prompting the NKTI to import said items and in the process incur tax and duty liabilities thereon; WHEREAS, there is also a need to ensure that all importations covered by this tax subsidy grant will be used exclusively by the NKTI in its operations and not for other purposes. NOW, THEREFORE, BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to grant tax subsidy to the NKTI in the amount of P6,135,000.00 only, representing the taxes and duties on its 2002 importations of hospital supplies, materials and equipment per Annex A hereof: Provided, however, that (a) the initial issuance of the Certificate of Entitlement to Subsidy (CES) shall be limited to the amount of P3,922,572.00 only, representing the taxes and duties due on 9 shipments with billings of Bureau of Customs (BOC) that arrived from January 2, 2002 to May 4, 2002; and (b) the subsequent CES shall be issued upon the submission by the NKTI to the FIRB of required billings and/or documents evidencing the importations: Provided, further, that all hospital supplies, materials and equipment for which tax subsidy is granted shall form part of the regular inventory of the NKTI: Provided, finally, that the grant of such tax subsidy shall be in accordance with the terms and conditions of Section 13 of the 2002 General Appropriations Act, subject to the availability of funds therefor, pursuant to the terms and conditions of the Rules and Regulations to Implement the Tax Subsidy Provisions Under Executive Order No. 93. HTaIAC (SGD.) NIEVES L. OSORIO Undersecretary of Finance Presiding Officer - FIRB Reference: FIRB-Technical Committee Meeting dated October 30, 2002 FIRB Meeting dated November 27, 2002 ANNEX A Tax Subsidy Endorsed, 2002: Coverage of the First CES No. Shipment Description Arrival Tax Duty Total 1 12 pkgs. STC: Medical Equipment- Millenium VG-3 01-02-02 1,651,239.00 479,595.00 2,130,834.00 2 1 pkg. STC: Medical Eqpt. 01-25-02 47,690.00 13,688.00 61,378.00 3 600 pcs. Bicart Sodium Bicarbonate Column 04-04-02 21,400.00 6,049.00 27,449.00 4 1 case Hitachi ultrasound Scanner Model: EUB-500 with Standard Accessories, 220V/60HZ 04-10-02 299,679.00 86,991.00 386,670.00 5 1 pk. STC: Storage Plastic Bag 04-24-02 10,650.00 2,946.00 13,596.00 6 26 cases STC: 4,224 pcs. Bloodlines BL-Phoos; 384 pcs. DialyzerGFS Plus 16 Fibre & 4,320 CA 04-26-02 243,474.00 70,484.00 313,958.00 7 1 unit Olympus Pediatric Bronchoscope 05-01-02 52,605.00 15,109.00 67,714.00 8 1 unit Carrier Model 19XR Centrifugal Water Cooled Chiller 05-01-02 463,431.00 419,683.00 883,114.00 9 2 cartoons STC: Spare Parts for Gamma Camera 05-04-02 29,459.00 8,400.00 37,859.00 Total 2,819,627.00 1,102,945.00 3,922,572.00

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