EXCISE TAX Flashcards
Lubricating oils & greases, basestock, high vacuum distilates,
aromatic extracts, additives & other similar prep. (per Kg)
10
Processed gas (per Liter)
10
Waxes and petrolatum, mineral oil (per Kg)
10
Denatured alcohol to be used for rnotive power (per Liter)
10
Asphalts (per Kg)
10
Naphtha, regular gasoline, pyrolisis gasoline and other sirnilar
products of distillation (per Liter)
10
Unleaded premium gasoline (per Liter)
10
Kerosene (per Liter)
5
Aviation turbo jet fuel, aviation gas (per Liter)
4
Kerosene, when used as aviation fuel (per Liter)
4
Diesel fuel oil, and on similar fuel oils having more or less the same generating power (per Liter)
6
Liquefied petroleum gas used for motive power (per Kg)
6
Bunker fuel oil (IFO) & similar generating Power (feedstock)
(per Liter)
6
Petroleum coke (per MT)
6
Liquefied petroleum gas (per Kg)
3
Naphtha and pyrolysis gasoline (per Liter)
0
Liquefied petroleum gas as raw material of petrochemical (per
Kg)
0
Petroleum coke as feedstock (per MT)
0
AUTOMOBILE
Up to P600,000
4%
AUTOMOBILE
Over P600,000 to P1,000,000
10%
AUTOMOBILE
Over P1,000,000 to P4,000,000
20%
AUTOMOBILE
Over P4,000,000
50%
AUTOMOBILE
Hybrid
Fifty percent (50%) of applicable excise tax rate
AUTOMOBILE
Purely Electric and Pick-ups
Exempt
Jewelries
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
Perfumes and toilet waters
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
Yachts & other
vessels intended for
pleasure
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
Invasive Cosmetic
Procedures
Five (5%) Tax is based on Gross Receipts from performance of
services
Purely caloric sweeteners & purely non-caloric
sweeteners or mix of caloric and non-caloric sweeteners
6
Purely High Fructose Corn Syrup (HFCS) or in
combination with any caloric and non-caloric sweetener
12
Purely coconut sap sugar and purely steviol glycosides
exempt
Domestic and Imported Coal
and Coke
150 per metric ton
Non-Metallic Minerals and
Quarry Resources
2% based on the actual market value of the annual gross output
Locally extracted or
produced
4% based on the actual market value of the gross output thereof at the time of
removal
Imported
4% based on the value used by the Bureau of Customs (BOC) in determining tariff
and customs duties, net of excise tax and VAT
Locally extracted natural gas
and liquefied natural gas
exempt
Metallic Minerals
4% based on the actual market value of the gross output thereof at the time of removal
Imported copper, gold,
chromite and other metallic
minerals)
4% based on the value used by the Bureau of Customs (BOC) in determining tariff
and customs duties, net of excise tax and VAT
Indigenous Petroleum
6% of the fair international market price thereof, on the first sale, barter, exchange or
such similar transaction, such tax to be paid by the buyer or purchaser before removal
from the place of production
