Tax and Duty Exemption on Imported Spare Parts and/or Supplies

BOI tax and duty exemption on imported spare parts and/or supplies for capital equipment incentives

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BOARD OF INVESTMENTS
Industry & Investments Building
385 Gil Puyat Avenue, Makati CIty

APPLICATION FORM
Tax and Duty Exemption on Imported Spare Parts and/or Supplies
under Art. 39( l) of E.O. 226, as amended by R.A. 7918

COMPANY ( Applicant :
)
Office
:
Address
Telephone
:
No.
Registration
:
No.
Date
:
Registered
Type of Registration : {
Status
of
Registration
Validity Date of CQ

:

{

Representative to :
BOI
Registered :
Product/Activity
Capacity :
} New

{

} Expansion

} Pioneer

{
}
Pioneer

Non-

{
Modernization/Rehabilitation
{ } Non- PIoneer - LDA

Export
Commitment

:

}

:

SUMMARY of INFORMATION
TOTAL $

Estimated Taxes &
Duties
Invoice Value
Landed Cost
to be Waived (PhP)
================================================================================
===
Spare Parts
US$
P
P
Supplies
Total

US$

TOTAL ( PhP)

P
==================

P
====================
=

====================

THE APPLICANT MAKES THE FOLLOWING REPRESENTATIONS & COMMITMENTS

1. That the spare parts and supplies shall be used exclusively by the applicant in its registered
operations;
2. That the applicant has explored the possibility of sourcing the spare parts from local
manufacturers but has found no domestic manufacturer who could adequately meet his needs at
a reasonable price of a quality comparable to that of the proposed importation;
3. That the applicant is a bonded manufacturing warehouse (BMW) operator;
4. That the applicant exports at least 70% OF ITS PRODUCTION;
5. That all spare parts and supplies shall be used only in the BMW of the applicant under such
requirements as the Bureau of Customs may imposed;
6. That the applicant has net foreign exchange earnings for the year immediately preceding the
availment of the incentive.
Done in _________________________________ this _______ day of _____________________
20___.

_____________________________
Name & Signature
ApplIcant's AuthorIzed SIgnatory

_____________________________
Position

SUBSCRIBED AND SWORN to before me this ______ day of _________________________,
20____ in __________________________ affiant having exhibited to me his/her Community Certificate
No. ______________

issued on ____________________________ at _________________________________.
Doc No. ______________
Page No.
______________
Book No.
______________
Series of
______________
NOTE:

_____________________________
Notary PublIc

File duly accomplished & notarized application with three (3) sets of clear xerox copies of the followIng
supporting documents: Import Entry documents / commercial invoices / shipping documents (AIrwaybIll/BIll of
LadIng) / Boatnotes /
Transhipment permits / Summary of Importation
Computation of Issuance fee => 1/2 of 1% of the total taxes & duties waived but not less than P300.00 and not to
exceed P15,000