National Kidney and Transplant Institute (1)
FIRB Resolution No. 016-08 • Fiscal Incentives Review Board • Resolutions • Dec 9, 2008
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December 9, 2008 FIRB RESOLUTION NO. 016-08 SUBJECT MATTER : 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constituting a significant proportion thereof; TcDAHS WHEREAS, the operations of the NKTI require the replacement of outdated equipment and continuing provisions of supplies and materials, most of which are not locally available or are not available in the quantity and/or quality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 taxes 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 TWO MILLION EIGHT HUNDRED THIRTY THOUSAND EIGHT HUNDRED TWENTY SIX PESOS (P2,830,826.00) only representing taxes and duties on its 2008 importations of various medical, laboratory and surgical equipment and supplies: Provided, however, that: the issuance of the Certificate of Entitlement to Subsidy (CES) shall be limited to the amount of P2,830,826.00 only representing taxes and duties due on importations [eleven (11) shipments] with billings from the Bureau of Customs (BOC). 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 as certified to by the resident Commission on Audit (COA) auditor of the NKTI: Provided, finally, that such availment shall be in accordance with the terms and conditions of Section 14 of the 2008 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.) GIL S. BELTRAN Undersecretary of Finance Presiding Officer FIRB Reference: Joint FIRB-Technical Committee Meeting dated December 9, 2008.
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