Professional Documents
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joycgc-1
BASIC CONCEPT:
APPLICABILITY:
MANNER OF COMPUTATION:
Manufacturer
Producer
Owner or person having possession of articles
removed from the place of production without
the
payment
of
the
tax
b. On Imported Articles
Importer
Owner
Person who is found in possession of articles
which are exempt from excise taxes other than
those legally entitled to exemption
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Others:
TIME OF PAYMENT:
On Indigenous Petroleum
In General
On domestic products
or
o
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2013
2014
2015
2016
2017
Remarks
2018
onwards
15%
15%
20%
20%
20%
20%
Effective 1/1/2016,
the specific tax rate
shall be increased by
4% every year
thereafter
Php20
Php20
Php20
Php20.80
Php21.63
Php500.00 or less
Php250
Php260
Php270.40
Php281.22
Php292.47
Php700
Php728
Php757.12
Php787.40
Php818.90
Php31.20
Php32.45
Php33.75
Php35.10
3) Still wines and carbonated wines containing more than 14% (of alcohol by
Php60.00
volume) but not more 25% of alcohol by volume
Php62.40
Php64.90
Php67.50
Php70.20
Effective 1/1/2014,
the specific tax rate
shall be increased by
4% every year
thereafter
Effective 1/1/2018,
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Php15.00
Php17.00
Php19.00
Php21.00
Php23.50
Php20.00
Php21.00
Php22.00
Php23.00
Php23.50
Php29.12
Php30.28
Php31.50
Php32.76
NOTE:
IN CASE OF FERMENTED LIQUORS AFFECTED BY THE "NO DOWNWARD RECLASSIFICATION " PROVISION, THE 4% INCREASE SHALL APPLY TO THEIR
RESPECTIVE APPLICABLE TAX RATES
B. TOBACCO PRODUCTS
NEW TAX RATES based on Republic Act No. 10351
PARTICULARS
2013
2014
2015
2016
2017
Php1.75
Php1.82
Php1.89
Php1.97
Php2.05
Remarks
2018
onwards
Php1.75
Php1.82
Php1.89
Php1.97
Php2.05
Php1.75
Php1.82
Php1.89
Php1.97
Php2.05
Php1.50
Php1.56
Php1.62
Php1.68
Php1.75
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3. Cigars
(a) Based on the NRP per cigar (excluding the excise and
value-added taxes), and
(b) Per cigar
20%
20%
20%
20%
20%
Php5.00
Php5.20
Php5.41
Php5.62
Php5.85
Php12.00
Php15.00
Php18.00
Php21.00
Php12.00 Php17.00
Php21.00
Php25.00
Php30.00
Php25.00
Php28.00
Php29.00
Php30.00
Php27.00
INSPECTION FEE - There shall be collected inspection fees on leaf tobacco, scrap, cigars, Cigarettes and other manufactured tobacco
and tobacco products as follows:
PRODUCT TYPE
INSPECTION FEE
(1) Cigars
(2) Cigarettes
C. PETROLEUM PRODUCTS
PRODUCT TYPE
TAX RATES
Lubricating oils and greases, including but not limited to base stock for lube oils and greases, high vacuum
distillates, aromatic extracts and other similar preparations, and additives for lubricating oils and greases,
whether such additives are petroleum based or not
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Processed gas
Denatured alcohol, if used for motive power [i.e. one hundred eighty (180) proof ninety percent (90%)
absolute alcohol]. Provided, that unless otherwise provided by special laws, if the denatured alcohol is mixed
with gasoline, the excise tax which has already been paid, only the alcohol content shall be subject to tax
Naphtha used as raw material in the production of petrochemical products or as replacement fuel for natural
gas-fired combined cycle power plant, in lieu of locally-extracted natural gas during the non-availability
thereof
Kerosene
Diesel fuel oil, and on similar fuel oils having more or less the same generating power
Liquefied Petroleum Gas ; Provided, that if used for motive power, it shall be taxed at the equivalent rate as
the Excise Tax on diesel fuel oil
Asphalt
Bunker fuel oil, and on similar fuel oils having more or less the same generating power
TAX RATES
Two percent (2%) bases on the actual market value, in the case of those
locally-extracted or produced; and, in the case of importation or the value
used by the Bureau of Customs in determining tariff and customs duties, net of
Excise Tax and Value-Added Tax.
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P0.00
On indigenous petroleum
NOTE:
In the case of mineral concentrates not traded in commodity exchanges in the Philippines or abroad, such as copper concentrate, the actual market value shall be
the world price quotations of the refined mineral products content thereof prevailing in the said commodity exchanges, after deducting the smelting, refining and
other charges incurred in the process of converting the mineral concentrates into refined metal traded in those commodity exchanges.
On minerals and mineral products sold or consigned abroad, the actual cost of ocean freight and insurance shall be deducted from the tax base.
E. AUTOMOBILES AND OTHER MOTOR VEHICLES
OVER
UP TO
RATE
P 600,000
2%
P600,000
P 1,100,000
P1,100,000
P2,100,000
P2,100,000
over
F. NON-ESSENTIAL GOODS
Twenty percent (20%) based on the wholesale price or the value of importation used by the Bureau of
Customs in determining Tariff and Customs Duties, net of Excise and Value-Added taxes