September 16, 2009
BIR RULING [SH-(090) 593-09]
R.A. No. 7279; VAT Ruling No. 003-03
National Housing Authority
Quezon Memorial Elliptical Road
Diliman, Quezon City
Attention: Mr. Felicisimo F. Lazarte
Department Manager
Northern and Central Luzon
Gentlemen :
This refers to your letter dated June 23, 2009 requesting on behalf of Rosand Builders for exemption from the payment of value-added tax (VAT) in relation to its construction works for a socialized housing project pursuant to Section 20 of R.A. No. 7279, otherwise known as the "Urban Development and Housing Act of 1992."
As represented, the National Housing Authority is the implementing arm in the National Shelter Program.
On the other hand, Rosand Builders is the contractor of the 2-Storey Multi-Purpose Center in Northville 6 Resettlement Project, Barangay Santol, Balagtas, Bulacan.
The aforesaid resettlement is a socialized housing project intended for families affected by the Northrail Relocation Program in Bulacan qualified under the Socialized Housing Program of the government.
In reply, please be informed that pursuant to Section 20 of R.A. No. 7279, pertinent portion of which reads as follows:
"Sec. 20. Incentives for Private Sector Participating in Socialized Housing. —...
