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Acquired Assets

Acquired Assets – Retail

The Government Service Insurance System (GSIS) is offering for sale its acquired assets through competitive public bidding on “As is where is” basis. Pls. see guidelines below the list of acquired properties for disposition.

List of Acquired Assets for DISPOSITION:

None at this time


Pursuant to Republic Act (RA) No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Act, the selling price of GSIS properties above PhP2.5 million shall be subject to twelve percent (12%) Value-Added Tax (VAT).
The declared winning bidders shall pay the balance of the purchase price plus 12% VAT on prescribed date indicated in the Notice of Approval of Sale.


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