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National Kidney and Transplant Institute (1)

FIRB Resolution No. 010-04 • Fiscal Incentives Review Board • Resolutions • Dec 6, 2004

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December 6, 2004 FIRB RESOLUTION NO. 010-04 SUBJECT : National Kidney and Transplant Institute (1) WHEREAS, the National Kidney and Transplant Institute (NKTI) provides specialized renal care services to a number of patients, with charity cases constituting a significant proportion thereof; WHEREAS, the operations of the NKTI require the replacement of outdated equipment and continuing provisions of supplies and materials, most of which are not locally available or are not available in the quantity and/or quality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; trdcd2004 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 P2,811,899 . 00 only, representing the taxes and duties on its six (6) shipments with billings of the Bureau of Customs (BOC) that arrived from December 12, 2003 to June 18, 2004 per Annex A hereof: Provided, however , that all hospital supplies, materials and equipment for which tax subsidy is granted shall form part of the regular inventory of the NKTI as certified to by the resident Commission on Audit (COA) auditor 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 2003 General Appropriations Act, as reenacted, 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. aCSEcA (SGD.) NIEVES L. OSORIO Undersecretary of Finance Presiding officer FIRB References: Joint FIRB Technical Committee Meeting dated December 6, 2004 . ANNEX A 2004 TAX SUBSIDY ENDORSED FOR THE NATIONAL KIDNEY AND TRANSPLANT INSTITUTE: COVERAGE OF THE CES Import Date of Custom Duty Internal Total No. Shipment Description Entry Arrival Revenue Tax (A) (B) (A+B) 1 1 Pkg. STC Educational Software 1985 12-Dec-03 P 380.00 P 8,769.00 P9,149.00 on CD-ROM 2 1 pc. Toshiba X-Ray Tube, 8536 29-Jan-04 18,508.00 64,304.00 82,812.00 Part No. DRX-66D 3 2 Pkgs. 1 Lot Ureteroscope 28755 2-Apr-04 17,550.00 178,328.00 195,878.00 Percutaneous Nephoroscope 4 8 Units Hill-Rom Model Standard 40671 3-Apr-04 39,397.00 137,625.00 177,422.00 Electric Bed 5 12 Pkgs. STC: Medical Equipment 48232 17-Jun-04 320,325.00 1,103,083.00 1,423,408.00 6 1x20' CNTR.STC: Permanent Magnet 70019 18-Jun-04 207,687.00 715,552.00 923,230.00 Assembly TOTAL P2,811,899.00 Source: BOC billings dated April 21 and August 6, 2004.

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