Benguet Corporation vs. Commissioner of Internal Revenue

DECISION

2O, 1995 eeflecting a total VAT output tax of PS, 182,424, 50 and a Fotal VAT input tax of B19,276,004.40, resulting in excess input taxes in the amount of P14,093,579.90 (Exhibit Cd, computed as Follows:

Output tax P 3, i8i Less: Input tax Domestic Purchases of Goods fi > fu rai un So and Services $16,195,374. 73 Importation goods 3,080,630. 27 19,276, 004, 40 Excess Input Tax P14,093,579.3¢ In the same manner, for the 4th quarter ended December 31, 1995, Petitioner filed with the BIR its VAT return on January Ze, 1996 reflecting a total Excess Input Tax of Fee, 108,193.14 (Exh. D-i). However said Excess Input Tax of Re2®,108,195.14 was reduced to 20,658,606.21 upon the filing of its amended VAT return (Exhibit D), computed as follows:

233,648. 568 ss) Output Tax =) Less: Input Tax Domestic Purchases of Goods ?

and Services P19, 437, 754. 06 Importation of Goods 4,454,491.735 23, 892,244.79 Excess Input Tax Peo, 658, 606, 21 Accordingly, Petitioner filed with the One-Stop Shcp Inter-Agency Tax Credit and Duty Drawback Center of the Department of Finance (DOF) separate applications for VAT tax credits (Exh. E and F) of its excess input taxes paid For the third and fourth quarters of calendar year ended

3 in the amounts of P14,455,504.32 (Exh.

E -1)

anc~ P20,658,606.21 <Exh. F-ll, respectively. Both applications for VAT tax credits were not acted upon by the DOF within the sixty (60) day period counting from the date of their filing as mandated by Section 106 (e) o·r= the la:-< Code.

Thus .1 on -.. ·une 18, 1'337~ Pet it·' on•?r' filed the instant Petition for Review to forestall the running of the prescriptive period for tax refunds or c:Tedits.

In answer to the petition, Respondent raised the following Special and Affirmative Defenses: 3.

Taxes paid and collected are deemed to have been made in accordance with law and pertinent existing BIR regulations; L~.

C l a i m s f o t"' tax credit/refund are construed strictly against the claimants the·r'eof <::1.5 the~· at'e in t'12 nz.l.tUl'C! from payment of tax.

Hence, it upon herein Petitioner to prove entitled thereto.

~5ll La.stly, f.:'etitionet·· must it has complied with the Section 230 of the Tax Code. of exemption is i ncttmbent that it :i.·;

prove that of Upon the recommendation of the Tax Revenue Group of the Department of Finance, herein Respondent issued a tax credit certificate in the amount of granting a portion of Petiticner't claim which per~a1ns to the thir~d qual·~ter~ ended Septembe~' 30, 1':3':35. (Exhibit Th:i.s amount tJeing c:.-la.::.ml0d to P3,21B,B32.40) for the said period. Thus~ the Peti-;-;ion(~t'

- 4 - pr'ayed for·· thG remaining balance of "I • c .. a1m :i.n the amount of Respondent 1 on the other' hand, posits that Petitioner is not entitled to the refund sought, ·::;ince it failed to submit photocopies of export documents , and invoices or receipts evidencing the sale of the goods.

Furthermore , Respondent avers that Petitioner failed to show proof that it has not applied its VAT input taxes to any tax l iabilities the s ucc c~ ed in g per' i oc'.

(Rt"2spondent' s !Y!('i'!lW~ docl-<et p. 91) The sole issue to be resolved in the case at bat' 1 s whether or not Petitioner is entitled to a tax credit in amount of P23,877,438.62 representing it 5 excess input tax payments for the third and quarters of calendar year ended 1995. Quoted hereunder are the following pr o v isions of the an d

1. 0 6 ( b ) f' r-· o m which Petitioner basi~ally anchors its claim, to wit: "S ect i on 100.

g o ods at~ pt~opert i es .

Val ue-added t ax on sale C:~.)

Rc:::-de and bi-:!st• ot= oF tax.

There shall be levied, assessed and collected on every sale, barter or exchange of goods or properties~ a value-added tax equivalent to 10~ of the gross selling price or gross value in money of the goods or properties sold.1 bar'ter'ed or' <-:~xcha.nged , such tax to be paid by the sel l e r o r transferor.

X X X

- 5 - (2) The following sa1es by VAT-registered persons shall be subjected to 0~: Lxpor·t r:.•dl f.J5. ·-- )( 'I ,, )(. I!

"Section 106 ~ Refunds or tax credit s of cr,editable input tax. - (c:d {.-lny '.JAi--·-r·c·gi·:;t,:2: Pd person , whose sales are zero-rated or e f f e c t i v <''? 1 y z e r' o --·rat e d may , w i t h i n t w o u:: )

years after the close of the t a xable quarter when the sad?S weT'2 m.:::.de, ao p lv for the i~:;suance of a.

t .. :n< cr·edit C(?r'tificate or• Y'E:.o=t~nd of creditable inout tax due or palo attributable to such salPs, except transitional input tax, to the extent that such input tax has not been applied against o utput tax ;

Pro v ided, however, that in case of zero-rated sales undet• Section 1(l') (a) <~=::l (A) (i) ~ (ii) and (b) and section lO;=:

(b) (l) ,::md u::l, the acceptable foreign currency exchange proceeds thereof had been duly accounted for in accordance with the regulations of the Bangko Serrtt-·al n~1 Pi 1 :i.pi.na5;"

X X II (b) c:ap.ital goods..

A vnT .. ·-·r•eoist('?l·'ed p erson ma y a p plv for the issuance of o tax credit certifica te or refund of in p ut taxes oaid on ca p ital g ood5 i moorted or locallv p urchased , to the extent that such in p ut taxes ha v e not been a pp lied aoainst out p ut taxe~.

The application may be made only within two (2) years after the close of the taxable quar ter wh~:~n the impcn·tat :i.on ot· pw~cha·:;e wa~:;

mad0~ .. "

(Underscoring supplie d ) In sum, these aforequoted pt• o v is ions to a a.

i~por~ations are zero-rated to apply for the issuance of of :i. t s f~><C{::Ss input ·~ ~:3. X p.:::~yment s.

Thus, the following basic must be satisfied in order for refunds or tax input tax may be granted:

- 6 - 1.

That there be a sale of goods; 2.

That the sale was made by a VAT-registered That the sale qualifies as export d e f i n e d b .,, l a \-I :;

sale as 4.

That the application of a tax credit or refund be made within two (2) years from the filing of the VAT quarterly return; That the fore1gn exp ort sales are {~ xc~i-fctn g e pr~o pet·' l y p r·' o c e e d s accounted of said for' ::.n accordance with the regulations of the BSP; a~d That the input taxes have not been a.pplied against output taxes. A thorough and careful . .

+- .

exam1nav1on of all the documentary evidence presented by the Petitioner reveal that it substantially complied with all the fcwegoing thus, this Court is inclined to with the ratiocination raised by Respondent why the r''2 fund should be denied.

and prescription has not yet set in the case at bar' since the Petition for Review was filed within the two-year period as prescribed under Section 230 in relation to Sections & ( !:J) 110 of the Tax Code.

It cou.lci be recalled that Petitioner filed its quarterly VAT returns for the third anci fourth quarters of 1995 on October 20~ 1':395 and Januat'Y ;:::;::~, 1996, t'espectively CExh. C and D--1).

The application for tax credit/refund of the VAT pai~ for the third and f ourth quarters were filed on September 4 1 1336 and November 6, ~ .

1::.-- .1.

8_.

F·-1) in tht~

- 7 - and the Petition for Rev i e~<~ on Ju.n~::• 18~ 1997.

Clearly, the claim for refund was filed well within the two-year mandatory period prescribed by law. As t•egar•ds the issue that Petitioner failed to show ~roof that it has n~t applied its VAT-input taxes to any t-E:l.X liabilities for the succeeding period, We answer in the negativE'.

it ~s clear that Petitioner did not intend to apply and 1n~ut taxes to its output t a li 1 i. ,:J. b i. l i t i. P ~:~ for the succeeding quarter (Exh ..

C e..

D>.

On tht::

contrary, Petitioner really intended to seek the refund of all the exc?ss input VAT as evidenced by the blank spdce under box 20 of the VAT return as well as the filing of the instant action for refund. It should likewise be noted that Petitioner en~2ged t~e servic2s of an independent accounting firm to . . ' ll<::'.nCI.L e the period covered in the VAT claim.

This Cocwt finds its report adequate.

and the supporting documents such as summary of export sales remittances advices <Exhs.

1-{·-1 disclc·;e ·that the currency ~roceeds (E:-<hs.

0) and bank remittance 0-1 to 0-35, .

.

.

' lnClU.SJ_ve., inward remittances of the cf Petit:i.onet·'s ~;ales of P524,954,512.40 for thE 3rd quarter and P429,954,236.3S for the fourth quarter of 1995 were accounted f C) t' in - 8 - -9.ccor'danc:e i'l:i.th tl1t:.• r"ult::)~'· D.nd ·r'E:gul..:3.tions. of the Eanr~11-<o It wa s likewise 2ertified by SGV and Co. that Petiticner"s summary of Input the of :!.995 amounting to ~19,276,004.40 and P23,892,244.79, P, P-1 to P-186, Q, Q-1 to Q-104 inclusive) were properly supported by documents such as VAT invoices and officia.l receipts, in the case of local purchases and import entry declarations and customs official receipts, in the case SC!'J .:£:\nd Co.

thE· .::..mount 0.;::

P698,489. 14 for the following reason as contained in their~ ~-~epot~t (Exhibit R,

p. 2·-·3) FINDINGS 3t·d Quat·t et• 4th Quatter Tot a:

1. Input taxes on local pm·chases of goods and services without supporting documents P103,357.99 P133,241.59 P2351599.68

2. Input taxes on locai purchases of goods and services supported only by photocopies of the Slppliet'S invoices and/ot' ORs 87,594.13 46,219.70 133,813.83 7 ... Input taxes on local pun~hases cf goods and set·vices with suppot't:ng doc'Jients othet' than invoice and/or DRs 40,600.15 t,040. 49 41,540.54

4. Input taxes claimed on putchases of goods and set·vices suppotted by non-VAT invoices and/ot' DRs 92,694.38 65,474.87 158, 159.25 t:;

Input taxes claimed or putchases ,, of goods and services supported by invoices and/or ORs with typewritten hand wtitten TIN V 726.17

- NIL -

725. 17

6. Input taxe~ c:uitml on purchases of goods and services suppo:-ted by invoices and/or DRs ~ssued not in the na;e of the co;pany T 0 T P. l 9 - 82,832.45 ~407,805.27 44,707. 12 P290,683.87 127,539.57 P698,489. 14 Mot'eovet', pe·r'U',:;a l cl OCUIT! ("flC ·:;:

submitted such as Petitioner's Summary of Input Taxes the ~Jarters of 1995, suppl i e~··' s invoices/official receipts, declaL:ttions dnd POC dff.Lcial additional amount of ?1,269~848.17 for the third quarter of 1995 and P1,889,302.28 for the 4th quarter of 1995 should be disallowed. Verification of the invoices and receipts submitted some inherent defects that caused the disallowance of the amount claimed. The total amount of P743, 186.41 for the third quarter of 1995 and the total amount of ?1,200,007.51 for the fourth quarter of 1995 were disallowed because the invoice and official in the TIN number which is clearly not in accot'dance with the requirement specif:i\-,d Circular No. 63-91, thus: "Sect :i o-:~ 5 ( 3) ( b} • A 1:!.

to be printed subsequently TIN, with the letter(s) in Revenue Memorandum receipts/invoices shall contain t~e "V" (fot' VAT r' e IJ i s t e r' e d ) a r' " N IJ " ( f o r' n o n - \/ (.:n t' e g i s t c~ r·· e d ) placed after the last digit of the TIN.

This shall facilitate the determination of wh~ther the taxpayer' is VAT t'egisteJ""'ed or' not."

DECISION C.T.A. CASE NO. S532 -~ 10 - Non-compliance with the printing reguiremendt provided in the aforequoted provision is detrimental to the claim for refund since a me handwritten "V" added to the TIN number creates a serious doubt as to the veracity and truthfulness of the invoices and receipts submitted. Since 1991, (see BIR Ruling UN-323-93-6-95).

The rest of the amount likewise disallowed for the following reasons:

1. Invoice and OR was issued under a different company name 1p 7 Amount is unsupported by pertinent documents os The reported amount in the income is overstated ~ v= =©606 The invoice or the receipt is printed without BIR permit to print (in viola-~ tion of Section 239 of the Tax Code ih The invoice or the receipt has no TIN number printed on it (in violation of Section S(3) (ad of Rev. Memo. Circular No. 63-91} 6& The invoice or receipt is without VAT number (in Violation of Section 108 of the Tax Code) (See the invoices/receipts Revenue Memorandum Circular ttached Annex A No.

Claimed for 3rd Quarter of 1995 F275, 608.93 26,239.46 i) i] oc 2 126, 953.58 95,216.19 and B) were issued after 3-931 is applicable refund 4th Quarter of 1395 32,091.57 were DECISION C.7T.A. CASE NO. 5532 Hence, We are inclined only to grant Petitioner’s claim for refund of allowable input VAT tax credit in the reduced amount of F19,657,874.61 computed as follows:

Excess Input Tax Credits Claimed by Petitioner per VAT return:

3rd quarter-1995 (Exh. C) P14, 093,579. 96 4th quarter-1995 (Exh. 0) 20, 658, 606.21 P34, 752, 186. 1!

Less: Tax Credit Certificate issued by DOF (Exh. G) PLi,236,671. 91 Disallowances per SGV report (Exh. R) 698, 489. 14 Add"1. disallowances found by the Court 3rd quarter-1995 (Annex A) Pi, 269, 848. 17 4th quarter-1995 (Annex B) 1,889, 302. 28 3,159, 150.45 _ 15,094, 311.50 Allowable Input Tax Credit P19, 637, 874. 63

WHEREFORE, in the tight of all the foregoing, the instant Petition for review is hereby GRANTED, and Respondent is ORDERED to REFUND or to ISSUE a tax credit certificate in the reduced amount of P19,657,874.61 representing the excess input VAT payments for the third and fourth quarters of calendar year ended 1995.

a , RAMON 0. DE VEYR

WE CONCUR

(ouste. Qo / ERNESTO D. ACOSTA Presiding Judge Associate Boat DECISION C.T.A. CASE NO. S5ae2 CERTIFICATION I hereby certify that this decision was reached after due consultation among the members of the Court of Tax Appeals in accordance with Section 12, Articie VITIT, of the Constitution.

Q xp Quk ERNESTO D. ACOSTA Prasiding Judge ANNEXA BENGUET CORPORATION vs. CIR

CTA CASE 5532

SCHEDULE OF COURT'S DISALLOWANCES ON

CLAIMED EXCESS INPUT TAXES- 3rd quarter - 1995 Invoice Input Tax Supplier Acct. No.

Reference Amount Claimed Reason for Disallowance Guzman Printing Press 0251 0304 8,500.00 772.73 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0621 1,602,517.77 145,683.43 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0622 1 ,062,803.66 96,618.51 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0625 908,863.47 82,623.95 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0626 945,756.98 85,977.91 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0617 1 ,290,660.97 117,332.82 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0618 30,549.32 2,777.21 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0619 1 ,282,059.89 116,550.90 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Cons!. & Dev. Corp. 0251 0620 1,035,227.46 94,111 .59 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6207 105.00 9.55 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6241 1,560.00 141 .82 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6256 1,560.00 141 .82 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6289 156.00 14.18 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6379 380.00 34.55 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6380 750.00 68.18 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6438 340.00 30.91 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6450 2,700.00 245.45 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6451 560.00 50.91 Invoice and/or OR w/ handwritten "V" in TIN# 8,175,050.52 743,186.41 Olongapo Gas Corporation 1705 1634 3,700.00 336.36 Invoice and/or OR issued under a diff co nam Olongapo Gas Corporation 1705 1613 1,850.00 168.18 Invoice and/or OR issued under a diff co nam Olongapo Gas Corporation 1705 1612 8,800.00 800.00 Invoice and/or OR issued under a diff co nam Olongapo Gas Corporation 1705 1633 11 ,000.00 1,000.00 Invoice and/or OR issued under a diff co nam Philgerma Mfg., Inc.

1705 663 34,170.00 3,106.36 Invoice and/or OR issued under a diff co nam Philgerma Mfg., Inc.

1705 662 85,600.00 7,781.82 Invoice and/or OR issued under a diff co nam Philgerma Mfg., Inc.

1705 665 37,110.00 3,373.64 Invoice and/or OR issued under a diff co nam Philgerma Mfg., Inc.

1705 666 16,440.00 1,494.55 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1025 5,460.00 496.36 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1020 153,106.80 13,918.80 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 0946 1,425.00 129.55 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 0948 8,795.50 799.59 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1010 34,527.00 3,138.82 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1035 240.00 21 .82 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1006 142,415.20 12,946.84 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1039 20,176.00 1,834.18 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 0950 1,260.00 114.55 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1023 147,932.40 13,448.40 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1017 36,036.00 3,276.00 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1027 17,850.00 1,622.73 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 0944 695.00 63.18 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1029 29,758.50 2,705.32 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1034 5,200.00 472.73 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1041 32,202.10 2,927.46 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1014 62,244.00 5,658.55 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1047 42,134.40 3,830.40 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 0949 340.00 30.91 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1049 104,966.00 9,542.36 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1004 65,520.00 5,956.36 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1052 640.00 58.18 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1003 63,663.60 5,787.60 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1054 143,250.80 13,022.80 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1018 149,564.80 13,596.80 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1056 18,290.00 1,662.73 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1021 144,107.60 13,100.69 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1060 265.00 2409 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1059 168.00 15.27 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1058 5,360.00 487.27 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1019 147,562.80 13,414.80 Invoice and/or OR issued under a diff co nam Mories Enterprises 1705 1015 142,405.20 12,945.93 Invoice and/or OR issued under a diff co nam 1 of 3 ANNEXA BENGUET CORPORATION vs. CIR

CTA CASE 5532

SCHEDULE OF COURT'S DISALLOWANCES ON

CLAIMED EXCESS INPUT TAXES- 3rd quarter -1995 Invoice Input Tax Supplier Acct. No. Reference Amount Claimed Reason for Disallowance Maries Enterprises 1705 1030 312.00 28.36 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 0945 6,300.00 572.73 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1026 57,204.00 5,200.36 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1033 4,840.00 440.00 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1031 72,700.00 6,609.09 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1046 106,271 .60 9,661 .05 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1051 8,775.00 797.73 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1055 130,388.80 11 ,853.53 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 0943 3,344.00 304.00 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1007 145,115.60 13,192.33 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1008 25,116.00 2,283.27 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1028 93,228.00 8,475.27 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1013 69,360.00 6,305.45 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1048 43,070.00 3,915.45 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1036 320.00 29.09 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1057 4,835.00 439.55 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1012 142,298.40 12,936.22 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1005 10,123.50 920.32 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1024 48,628.50 4,420.77 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 0947 861 .00 78.27 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1053 8,850.00 804.55 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1016 92,633.10 8,421.19 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1038 500.00 45.45 Invoice and/or OR issued under a diff co nam Maries Enterprises 1705 1011 30,192.00 2,744.73 Invoice and/or OR issued under a diff co nam Top Ace Bobokllrisan 39008 200.00 18.18 Invoice and/or OR issued under a diff co nam 3,031,698.20 275,608.93 Unic Hardware 1702 10186 3,080.00 280.00 no supporting document Skyland Brokerage 0261 18863 1,181 .18 107.38 no supporting document Collector of Customs SFLU 0263

F-071 -95

5,753.00 523.00 no supporting document Collector of Customs SFLU 0263 AF-093-95 80,630.00 7,330.00 no supporting document Collector of Customs SFLU 0263 AF-096-95 194,480.00 17,680.00 no supporting document Northlander Gen. Mercantile 0645 75292 850.00 77.27 no supporting document Top Ace Motor Works, Inc. 0645 3402 560.00 50.91 no supporting document Victoria Supermart 0645 11513 330.10 30.01 no supporting document Gy Industrial Mills 1702 39007 24,870.00 2,260.91 no supporting document 311 ,734.28 28,339.48 International Container, Inc. 0450 1045617 1,042.08 94.73 reported amount is overstated International Container, Inc. 0450 1045618 1,042.08 94.73 reported amount is overstated International Container, Inc. 0450 1101696 45.21 4.11 reported amount is overstated 2,129.37 193.58 Cuervo Appraisers 1701 17885 3,850.00 350.00 Invoice and/or OR w/o BIR permit to print 3,850.00 350.00 Buntak Mines, Inc.

1705 58 258,173.14 23,470.29 Invoice and/or OR w/o TIN# Buntak Mines, Inc.

1705 57 252,376.30 22,943.30 Invoice and/or OR w/o TIN# Buntak Mines, Inc.

1705 56 244,232.29 22,202.94 Invoice and/or OR w/o TIN# Mose Angala, Ent., Inc. 1705 0480 204,558.80 18,596.25 Invoice and/or OR w/o TIN# Mose Angala, Ent. , Inc. 1705 0478 202,610.33 18,419.12 Invoice and/or OR w/o TIN# Mose Angala, Ent. , Inc. 1705 0477 234,538.55 21 ,321 .69 Invoice and/or OR w/o TIN# 1,396,489.41 126,953.58 2 of 3 BENGUET CORPORATION vs. CIR

CTA CASE 5532

SCHEDULE OF COURT'S DISALLOWANCES ON

CLAIMED EXCESS INPUT TAXES - 3rd quarter -1995

S P G S I

S P G S I

S P G S I

S P G S I

S P G S I

S P G S I

Supplier VAC-CAP Marketing RVT Merchandising Pilipinas Shell Petroleum Pilipinas Shell Petroleum Jubilee Pub. House, Inc. Manila Pest Control Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises Pines Royal Enterprises

GRAND TOTAL:

Acct. No.

1705 1705 1705 1705 1705 1705 1705 0349 0452 0452 0632 0642 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 0645 Reference 4 53 61 54 60 62 992 09949 13319 13555 084 1763 10746 10745 10744 10779 10786 10812 10851 10782 10824 10733 10667 10599 10649 10514 10650 10674 10676 ANNEXA Invoice Input Tax Amount Claimed Reason for Disallowance 111 ,544.87 10,140.44 Invoice and/or OR without VAT Number 118,981 .20 10,816.47 Invoice and/or OR without VAT Number 128,646.90 11 ,695.17 Invoice and/or OR without VAT Number 128,646.90 11 ,695.17 Invoice and/or OR without VAT Number 137,223.36 12,474.85 Invoice and/or OR without VAT Number 128,646.90 11 ,695.17 Invoice and/or OR without VAT Number 14,000.00 1,272.73 Invoice and/or OR without VAT Number 688.00 62.55 Invoice and/or OR without VAT Number 67,509.00 6,137.18 Non-VAT Invoice 84,345.00 7,667.73 Non-VAT Invoice 7,356.00 668.73 Invoice and/or OR without VAT Number 2,260.00 205.45 Invoice and/or OR without VAT Number 8,695.00 790.45 Invoice and/or OR without VAT Number 1,360.00 123.64 Invoice and/or OR without VAT Number 1,700.00 154.55 Invoice and/or OR without VAT Number 390.00 35.45 Invoice and/or OR without VAT Number 2,040.00 185.45 Invoice and/or OR without VAT Number 13,690.00 1,244.55 Invoice and/or OR without VAT Number 1,600.00 145.45 Invoice and/or OR without VAT Number 945.00 85.91 Invoice and/or OR without VAT Number 600.00 54.55 Invoice and/or OR without VAT Number 28,305.00 2,573.18 Invoice and/or OR without VAT Number 18,500.00 1,681 .82 Invoice and/or OR without VAT Number 1,600.00 145.45 Invoice and/or OR without VAT Number 455.00 41 .36 Invoice and/or OR without VAT Number 130.00 11 .82 Invoice and/or OR without VAT Number 520.00 47.27 Invoice and/or OR without VAT Number 18,500.00 1,681 .82 Invoice and/or OR without VAT Number 18,500.00 1,681 .82 Invoice and/or OR without VAT Number 1,047,378.13 95,216.19 13,968,329.91 1,269,848.17 3 of 3

ANNEX B

BENGUET CORPORATION vs. CIR

CTA CASE 5532

SCHEDULE OF COURT'S DISALLOWANCES ON

CLAIMED EXCESS INPUT TAXES · 4th quarter · 1995 Invoice Input Tax Supplier Acct. No. Reference Amount Claimed Reason for Disallowance Omengan Const. & Dev. Corp. 0251 0631 832,592.09 75,690.19 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Const. & Dev. Corp. 0251 0632 184,397.47 16,763.41 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Const. & Dev. Corp. 0251 0634 2,303,093.18 209,372.11 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Dev. Corp. 0251 0635 93,631.01 8,511.91 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Dev. Corp. 0251 0636 3,414,056.56 310,368.78 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Dev. Corp. 0251 0637 1 ,498,299.85 136,209.08 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Dev. Corp. 0251 0638 3,154,277.23 286,752.48 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Devt. Corp. 0251 0627 42,150.58 3,831 .87 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Devt. Corp. 0251 0628 1 '1 06,792.26 100,617.48 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Devt. Corp. 0251 0629 8,513.77 773.98 Invoice and/or OR w/ handwritten "V" in TIN# Omengan Canst. & Devt. Corp. 0251 0630 539,893.66 49,081.24 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6578 360.00 32.73 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6614 75.00 6.82 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6629 110.00 10.00 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6749 405.00 36.82 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6765 2,660.00 241 .82 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6783 270.00 24.55 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6727 150.00 13.64 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6851 165.00 15.00 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6850 100.00 9.09 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6933 7,400.00 672.73 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 6772 2,950.00 268.18 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 7024 270.00 24.55 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 7117 150.00 13.64 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 7118 590.00 53.64 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 7164 1,950.00 177.27 Invoice and/or OR w/ handwritten "V" in TIN# New Baguio Johnny Auto Supp 0252 7165 2,320.00 210.91 Invoice and/or OR w/ handwritten "V" in TIN# Pines Royal Enterprises 0252 10879 1,320.00 120.00 Invoice and/or OR w/ handwritten "V" in TIN# Pines Royal Enterprises 0252 10957 1,010.00 91 .82 Invoice and/or OR w/ handwritten "V" in TIN# Pines Royal Enterprises 0252 10765 130.00 11 .82 Invoice and/or OR w/ handwritten "V" in TIN# 13,200,082.66 1,200,007.51 Glennwood Commercial 1702 16395 238,000.00 21 ,636.36 no supporting document Glennwood Commercial 1702 16398 18,487.00 1,680.64 no supporting document Pilipinas Shell Petroleum 1702 50230 34,151 .15 3,104.65 no supporting document Pilipinas Shell Petroleum 1702 50234 8,909.23 809.93 no supporting document Pilipinas Shell Petroleum 1702 50235 28,799.32 2,618.12 no supporting document Pilipinas Shell Petroleum 1702 50237 22,499.40 2,045.40 no supporting document Pilipinas Shell Petroleum 1702 50260 14,972.54 1,361 .14 no supporting document Pilipinas Shell Petroleum 1702 50397 5,989.02 544.46 no supporting document Pilipinas Shell Petroleum 1702 50432 43,198.98 3,927.18 no supporting document System City 1702 052 33,000.00 3,000.00 no supporting document Trackstar Enterprise 1702 2491 2,850.00 259.09 no supporting document VF Industrial Sales 1702 138083 8,611 .10 782.83 no supporting document Aldril Pharmaceutical, Inc. 1705 1571 38,314.30 3,483.12 no supporting document Aldril Pharmaceutical, Inc. 1705 1576 39,612.50 3,601 .14 no supporting document Buntak Mines, Inc.

1705 59 247,323.56 22,483.96 no supporting document Buntak Mines, Inc.

1705 61 325,918.41 29,628.95 no supporting document Buntak Mines, Inc.

1705 60 304,302.71 27,663.88 no supporting document Central Luzon Zexel Service Ctr. 1705 499 1,390.00 126.36 no supporting document Central Luzon Zexel Service Ctr. 1705 468 6,990.00 635.45 no supporting document Central Luzon Zexel Service Ctr. 1705 339 420.00 38.18 no supporting document Central Luzon Zexel Service Ctr. 1705 320 420.00 38.18 no supporting document Central Luzon Zexel Service Ctr. 1705 340 420.00 38.18 no supporting document Central Luzon Zexel Service Ctr. 1705 321 420.00 38.18 no supporting document Central Luzon Zexel Service Ctr. 1705 471 930.00 84.55 no supporting document Central Luzon Zexel Service Ctr. 1705 497 3,435.00 312.27 no supporting document Central Luzon Zexel Service Ctr. 1705 469 390.00 35.45 no supporting document Central Luzon Zexel Service Ctr. 1705 498 860.00 78.18 no supporting document Central Luzon Zexel Service Ctr. 1705 470 6,945.00 631 .36 no supporting document Citi Motors, Inc.

1705 208195 206.55 18.78 no supporting document 1 of 4

ANNEX B

BENGUET CORPORATION vs. CIR

CTA CASE 5532

SCHEDULE OF COURT'S DISALLOWANCES ON

CLAIMED EXCESS INPUT TAXES- 4th quarter -1995 Invoice Input Tax Supplier Acct. No. Reference Amount Claimed Reason for Disallowance Citi Motors, Inc.

1705 302975 905.30 82.30 no supporting document Citi Motors, Inc.

1705 157276 698.75 63.52 no supporting document Canst. Elect'l & Fishing Supply 1705 73887 70.00 6.36 no supporting document Dagupan Air Product 1705 23721 9,750.00 886.36 no supporting document Dagupan Air Product 1705 23852 8,200.00 745.45 no supporting document Dy Auto Supply & Hardware 1705 36396 535.70 48.70 no supporting document Dy Auto Supply & Hardware 1705 37412 1,400.00 127.27 no supporting document Dy Auto Supply & Hardware 1705 36393 721.00 65.55 no supporting document Dy Auto Supply & Hardware 1705 36395 1,080.00 98.18 no supporting document Dy Auto Supply & Hardware 1705 36394 2,330.00 211 .82 no supporting document Dy Auto Supply & Hardware 1705 36400 1,320.00 120.00 no supporting document Dy Auto Supply & Hardware 1705 36392 1,000.80 90.98 no supporting document Dy Auto Supply & Hardware 1705 36391 1 '147.50 104.32 no supporting document Dy Auto Supply & Hardware 1705 36403 160.00 14.55 no supporting document Dy Auto Supply & Hardware 1705 37225 7,218.00 656.18 no supporting document Dy Auto Supply & Hardware 1705 36389 8,524.60 774.96 no supporting document Dy Auto Supply & Hardware 1705 37655 1,540.00 140.00 no supporting document Farmacia Castillo & Gift Shop 1705 6802 90.00 8.18 no supporting document Farmacia Castillo & Gift Shop 1705 6801 672.50 61 .14 no supporting document Farmacia Castillo & Gift Shop 1705 6821 720.50 65.50 no supporting document Farmacia Castillo & Gift Shop 1705 6808 390.00 35.45 no supporting document Farmacia Castillo & Gift Shop 1705 6820 640.00 58.18 no supporting document Farmacia Castillo & Gift Shop 1705 6819 440.00 40.00 no supporting document Farmacia Castillo & Gift Shop 1705 6809 532.00 48.36 no supporting document Farmacia Castillo & Gift Shop 1705 6805 434.00 39.45 no supporting document Farmacia Esperanza 1705 3309 934.00 84.91 no supporting document Felson Auto Supply 1705 11563 1,450.00 131 .82 no supporting document Flormas Marketing 1705 4078 5,984.00 544.00 no supporting document Flormas Marketing 1705 4061 37,010.00 3,364.55 no supporting document Frenzel's Hardware & Const Supp 1705 36665 400.00 36.36 no supporting document Frenzel's Hardware & Const Supp 1705 36803 450.00 40.91 no supporting document Frenzel's Hardware & Const Supp 1705 36802 3,850.00 350.00 no supporting document FSN Commercial Ent.

1705 446 780.00 70.91 no supporting document Geometric Construction Supply 1705 2521 79,650.00 7,240.91 no supporting document Geometric Construction Supply 1705 2513 76,525.00 6,956.82 no supporting document Geometric Construction Supply 1705 2515 85,075.00 7,734.09 no supporting document Geometric Construction Supply 1705 2510 94,060.80 8,550.98 no supporting document Geometric Construction Supply 1705 25111 73,275.00 6,661 .36 no supporting document Geometric Construction Supply 1705 2516 81 ,300.00 7,390.91 no supporting document Geometric Construction Supply 1705 2522 77,775.00 7,070.45 no supporting document Geometric Construction Supply 1705 1431 3,644.00 331 .27 no supporting document Geometric Construction Supply 1705 1432 16,153.50 1,468.50 no supporting document Geometric Construction Supply 1705 2523 83,625.00 7,602.27 no supporting document Geometric Construction Supply 1705 2512 78,400.00 7,127.27 no supporting document Geometric Construction Supply 1705 2509 88,358.40 8,032.58 no supporting document Geometric Construction Supply 1705 1426 4,560.00 414.55 no supporting document Geometric Construction Supply 1705 2514 81225 7,384.09 no supporting document Geometric Construction Supply 1705 2507 96,760.60 8,796.42 no supporting document Geometric Construction Supply 1705 1433 12,710.00 1,155.45 no supporting document Geometric Construction Supply 1705 1430 443.00 40.27 no supporting document Geometric Construction Supply 1705 1429 387.60 35.24 no supporting document Geometric Construction Supply 1705 2519 82,450.00 7,495.45 no supporting document Geometric Construction Supply 1705 2517 84,000.00 7,636.36 no supporting document Geometric Construction Supply 1705 2520 79,325.00 7,211 .36 no supporting document Mac-Ber Auto Supply 1705 17696 107.00 9.73 no supporting document Mainline Auto Supply 1705 761889 2,100.00 190.91 no supporting document Mercury Drug Corporation 1705 423580 137.75 12.52 no supporting document Mercury Drug Corporation 1705 423573 296.45 26.95 no supporting document Mercury Drug Corporation 1705 424531 113.75 10.34 no supporting document Mercury Drug Corporation 1705 424646 62.50 5.68 no supporting document Mercury Drug Corporation 1705 421492 255.00 23.18 no supporting document Mercury Drug Corporation 1705 421339 123.50 11 .23 no supporting document 2 of 4

ANNEX B

BENGUET CORPORATION vs. CIR

CTA CASE 5532

SCHEDULE OF COURT'S DISALLOWANCES ON

CLAIMED EXCESS INPUT TAXES- 4th quarter- 1995 Invoice Input Tax Supplier Acct. No. Reference Amount Claimed Reason for Disallowance Mercury Drug Corporation 1705 628433 64.60 5.87 no supporting document Mercury Drug Corporation 1705 423610 105.10 9.55 no supporting document Maries Enterprises 1705 1123 24,860.00 2,260.00 no supporting document Maries Enterprises 1705 1121 138,060.00 12,550.91 no supporting document Maries Enterprises 1705 1128 59,472.00 5,406.55 no supporting document Maries Enterprises 1705 1134 144,596.00 13,145.09 no supporting document Maries Enterprises 1705 1130 145,860.00 13,260.00 no supporting document Maries Enterprises 1705 1050 745.00 67.73 no supporting document Maries Enterprises 1705 1140 138,692.40 12,608.40 no supporting document Maries Enterprises 1705 1135 61 '152.00 5,559.27 no supporting document Maries Enterprises 1705 1137 81 ,312.00 7,392.00 no supporting document Maries Enterprises 1705 1099 126.00 11.45 no supporting document Maries Enterprises 1705 1129 114,478.00 10,407.09 no supporting document Maries Enterprises 1705 1105 213,421 .00 19,401.91 no supporting document Maries Enterprises 1705 1131 78,000.00 7,090.91 no supporting document Maries Enterprises 1705 1120 121 ,965.60 11 ,087.78 no supporting document Maries Enterprises 1705 1119 15,576.00 1,416.00 no supporting document Maries Enterprises 1705 1089 3,140.00 285.45 no supporting document Maries Enterprises 1705 1122 135,830.00 12,348.18 no supporting document Maries Enterprises 1705 1091 55,410.00 5,037.27 no supporting document Maries Enterprises 1705 1125 54,600.00 4,963.64 no supporting document Maries Enterprises 1705 1090 2,650.00 240.91 no supporting document Maries Enterprises 1705 1098 5,152.00 468.36 no supporting document Maries Enterprises 1705 1113 38,500.00 3,500.00 no supporting document Maries Enterprises 1705 1138 41 ,460.00 3,769.09 no supporting document Maries Enterprises 1705 1124 24,640.00 2,240.00 no supporting document Maries Enterprises 1705 1118 5,664.00 514.91 no supporting document Maries Enterprises 1705 1142 143,743.60 13,067.60 no supporting document Maries Enterprises 1705 1116 28,080.00 2,552.73 no supporting document Maries Enterprises 1705 1040 4,165.00 378.64 no supporting document Maries Enterprises 1705 1133 140,832.00 12,802.91 no supporting document Maries Enterprises 1705 1094 79,824.00 7,256.73 no supporting document Maries Enterprises 1705 1117 208.00 18.91 no supporting document Maries Enterprises 1705 1106 69,342.00 6,303.82 no supporting document Maries Enterprises 1705 1127 13,104.00 1,191 .27 no supporting document Maries Enterprises 1705 1037 1,800.00 163.64 no supporting document Mose Angala, Ent., line., Canst. 1705 481 248,410.47 22,582.77 no supporting document Mose Angala, Ent., Inc. 1705 479 240,908.70 21 ,900.79 no supporting document Mose Comm'l & Co. Auto Supply 1705 90227 57.50 5.23 no supporting document Mose Marketing, Inc.

1705 39685 40.00 3.64 no supporting document Motorists Haven 1705 142657 174.00 15.82 no supporting document New Masinloc Henry's Hardware 1705 746485 4,823.00 438.45 no supporting document New Masinloc Henry's Hardware 1705 74649 448.00 40.73 no supporting document New San Andres Lumber & Hard 1705 8373 5,267.25 478.84 no supporting document Olongapo Gas Corporation 1705 1905 11 ,000.00 1,000.00 no supporting document Olongapo Gas Corporation 1705 1906 11 ,100.00 1,009.09 no supporting document Ongking Inc. Auto Supply 1705 518314 115.00 10.45 no supporting document Philgenetics Laboratories 1705 1359 63,320.60 5,756.42 no supporting document Philgenetics Laboratories 1705 1361 57,290.30 5,208.21 no supporting document Philgerma Manufacturing, Inc. 1705 671 17,200.00 1,563.64 no supporting document Philgerma Manufacturing, Inc. 1705 678 44,100.00 4,009.09 no supporting document Philgerma Manufacturing, Inc. 1705 679 25,250.00 2,295.45 no supporting document Philgerma Manufacturing, Inc. 1705 670 16,500.00 1,500.00 no supporting document Philgerma Manufacturing, Inc. 1705 672 11 ,600.00 1,054.55 no supporting document Philgerma Manufacturing, Inc. 1705 681 14,000.00 1,272.73 no supporting document RFD Hauling Construction Ent. 1705 164 192,648.25 17,513.48 no supporting document RFD Hauling Construction Ent. 1705 163 80,040.25 7,276.39 no supporting document Robert's Video Center 1705 24147 56.00 5.09 no supporting document

S P G S I

1705 66 137,223.36 12,474.85 no supporting document

S P G S I

1705 65 128,646.90 11 ,695.17 no supporting document S. P. Gen. Servicess, Inc. 1705 71 128,646.90 11 ,695.17 no supporting document Save More Drug 1705 13754 90.00 8.18 no supporting document 3 of 4

ANNEX B

BENGUET CORPORATION vs. CIR

CTA CASE 5532

SCHEDULE OF COURT'S DISALLOWANCES ON

CLAIMED EXCESS INPUT TAXES- 4th quarter -1995 Invoice Input Tax Supplier Acct. No.

Reference Amount Claimed Reason for Disallowance Sayber's Drug 1705 3611 55.00 5.00 no supporting document Southern Auto Supply Inc. 1705 5477 60.00 5.45 no supporting document Tambal Atbpa (Pharmacy) 1705 7522 11 ,325.00 1,029.55 no supporting document Tambal Atbpa (Pharmacy) 1705 7523 13,567.50 1 ,233.41 no supporting document Tambal Atbpa (Pharmacy) 1705 7524 8,983.00 816.64 no supporting document Tambal Atbpa (Pharmacy) 1705 6827 418.00 38.00 no supporting document Tambal Atbpa (Pharmacy) 1705 7525 2,105.00 191 .36 no supporting document Tessmann Sales Inc.

1705 242 110.00 10.00 no supporting document Travelers' Petron Servicenter 1705 2196 280.00 25.45 no supporting document Tropical Motor Supply 1705 7213 800.00 72.73 no supporting document VAC-CAP Marketing 1705 34 14,640.00 1,330.91 no supporting document VACCAP Marketing 1705 15 3,600.00 327.27 no supporting document VACCAP Marketing 1705 16 4,800.00 436.36 no supporting document VACPHIL (North Luzon) Inc. 1705 10611 64,706.00 5,882.36 no supporting document VACPHIL (North Luzon) Inc. 1705 5962 1,900.00 172.73 no supporting document VACPHIL (North Luzon) Inc. 1705 5967 40,991 .00 3,726.45 no supporting document VACPHIL (North Luzon) Inc. 1705 10682 16,464.00 1,496.73 no supporting document VACPHIL (North Luzon) Inc. 1705 10742 55,432.00 5,039.27 no supporting document Villaflor Memorial Hospital Pharma 1705 302509 695.90 63.26 no supporting document Wilson Trading 1705 1198 2,000.00 181 .82 no supporting document Marcelo Rubber & Lat 0262 12834 229.90 20.90 no supporting document St. Patricks' Clinic 0615 H-087-95 7,000.00 636.36 no supporting document Arcman lnd'l Enterprises 0645 0607 728.00 66.18 no supporting document Northlander Gen. Mercantile 0645 75864 300.00 27.27 no supporting document Northlander Gen. Mercantile 0645 75773 1,528.00 138.91 no supporting document Ongking Auto Supply, Inc. 0645 43325 4,700.00 427.27 no supporting document Pyramid Hardware & Canst. Supp 0645 11713 1,807.00 164.27 no supporting document Benguet Management Ctr. 1702 5450 51 ,673.86 4,697.62 no supporting document Glennwood Commercial 1702 16360 247,500.00 22,500.00 no supporting document Glennwood Commercial 1702 16367 75,600.00 6,872.73 no supporting document Glennwood Commercial 1702 16368 118,480.00 10,770.91 no supporting document Glennwood Commercial 1702 16383 24,800.00 2,254.55 no supporting document New Process Enterprises 1702 0172 4,326.00 393.27 no supporting document 7,229,235.21 657,203.20 MMM Sports Center 0452 89545 4,350.00 395.45 NonVat Invoice and/or OR Olongapo Computer Auto Supply 1705 266525 2,000.00 181 .82 Invoice and/or OR without VAT Number

S PGS I

1705 77 128,844.00 11 ,713.09 Invoice and/or OR without VAT Number

S PGS I

1705 82 137,223.26 12,474.84 Invoice and/or OR without VAT Number Baguio Johnny Auto Supply 0645 6769 320.00 29.09 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10880 2,580.00 234.55 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10888 490.00 44.55 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10965 1,700.00 154.55 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10969 7,400.00 672.73 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10993 3,600.00 327.27 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10915 12,950.00 1,177.27 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 11011 9,250.00 840.91 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10968 10,360.00 941 .82 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10848 15,910.00 1,446.36 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10823 5,180.00 470.91 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10837 5,440.00 494.55 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10867 4,600.00 418.18 Invoice and/or OR without VAT Number Pines Royal Enterprises 0645 10987 810.00 73.64 Invoice and/or OR without VAT Number 353,007.26 32,091 .57

GRAND TOTAL:

20,782,325.13 1 ,889,302.28 4 of 4