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1. Alcohol Products a. Distilled Spirits Excise Tax Due = Ad valorem tax + Specific tax Date of Effectivity Ad valorem tax (Based on net retail price per proof excluding excise tax and vat) Specific tax (per proof liter) January 1, 20 23 22% P59. January 1, 2024 22% P66. January 1, 2025 22% Specific tax rate shall be increased by 6% and every year thereafter b. Wines Date of Effectivity Specific Tax (per liter) January 1, 2023 P59. January 1, 2024 P63.1 2 January 1, 2025 Specific tax rate shall be increased by 6% and every year thereafter c. Fermented Liquors Date of Effectivity Specific Tax (per liter) January 1, 2023 P41. January 1, 20 24 P43. January 1, 2025 Specific tax rate shall be increased by 6% and every year thereafter 2. Tobacco Products a. Heated Tobacco Products Effectivity Quantity Excise Tax January 1, 2023 Per pack of 20 units or any packaging combinations of not more than twenty (20) units
P32.
January 1, 2024 Specific tax rate shall be increased by 5% every year January 1, 2025 effective January 1, 2024 b. Vapor Products – Nicotine Salt or Salt Nicotine Effectivity Quantity Excise Tax January 1, 2023 Per millimeter or a fraction thereof
P52.
January 1, 2024 Rate shall be increased by 5 % every year effective January 1, 2024 January 1, 2025 c. Vapor Products – Conventional “Freebase” or “Classic Nicotine” Effectivity Quantity Excise Tax January 1, 2023 Per millimeter or a fraction thereof
P 60.
January 1, 2024 Rate shall be increased by 5 % every year effective January 1, 2025 January 1, 2024 d. Novel Tobacco Products Effectivity Quantity Excise Tax January 1, 2023 Per kilogram
P2.
January 1, 2024 Rate shall be increased by 4 % every year effective January 1, 2025 January 1, 2024 e. Inspection Fees Effectivity Inspection Fee Unit of Measure Heated Tobacco P0.10 1,000 sticks Vapor Products P0.01 1 ml. Novel Tobacco Products P0.03 1 kg.
3. Petroleum Products Product Types Effective January 1, 2020, onwards Lubricating oil 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, per liter and kilogram respectively, of volume capacity or weight P10. Locally produced or imported oils previously taxed but are subsequently reprocessed, re-refined or recycled, per liter and kilogram of volume capacity or weight
Processed gas, per liter of volume capacity Waxes and petrolatum, per kilogram Denatured alcohol to be used for motive power, per liter of volume capacity Asphalt, per kilogram Naphtha, regular gasoline, pyrolysis gasoline and other similar products of distillation, per liter of volume capacity Unleaded premium gasoline, per liter of volume capacity Kerosene, per liter of volume capacity P 5. Aviation turbo jet fuel, aviation gas, per liter of volume capacity P 4. Kerosene when used as aviation fuel, per liter of volume capacity Diesel fuel oil, and on similar fuel oils having more or less the same generating power, per liter of volume capacity P6. Liquified petroleum gas used for motive power, per kilogram Bunker fuel oil, and on similar oils having more or less the same generating power, per liter of volume capacity Petroleum coke, per metric ton Liquified petroleum gas, per kilogram P3. Naphtha and pyrolysis gasoline, when used as raw material in the production of petrochemical products or in the refining of petroleum 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, per liter of volume capacity P0. Liquified petroleum gas, when used as raw material in the production of petrochemical products, per kilogram Petroleum coke when used as feedstock to any power generating facility, per metric ton
4. Automobiles Net manufacturer’s price/Importer’s selling price Tax rates effective January 1, 20 18 Over Up Rate P 0 P600,000 4% P600,000 P1,000,000 10% P1,000,000 P4,000,000 20% P4,000,000 Over 50% 5. Non-essential Goods Goods Tax Rate All goods commonly or commercially known as jewelry, whether real or imitation, pearls, precious and semi-precious stones an imitations thereof; goods made of, or ornamented, mounted or fitted with, precious metals or imitations thereof or ivory (not including surgical and dental instruments, silver-plated wares, frames or mountings for spectacles or eyeglasses, and dental gold or gold alloys and other precious metals used in filling, mounting or fitting the teeth); opera glasses and lorgnettes. The term “precious metals” shall include platinum, gold, silver and other metals of similar or greater value. The term “imitations thereof” shall include plating and alloys of such metals 20% based on the wholesale price or the value of importation Perfumes and toilet waters Yachts and other vessels intended for pleasure or sports 6. Non-essential Service – Invasive Cosmetic Procedures Service Tax Rate Performance of services on invasive procedures 5% 7. Sweetened Beverages Products Tax Rate per liter of volume capacity Using purely caloric sweeteners, and purely non-caloric sweeteners, or a mix of caloric and non-caloric sweeteners
P6.
Using purely high fructose corn syrup or in combination with any caloric or non-caloric sweetener
P12.
Using purely coconut sap sugar and purely stevia glycosides Exempt
8. Minerals and Mineral Products Product Type Tax Rates Coal and Coke (Domestic and Imported) P Nonmetallic Minerals and Quarry Resources (Locally extracted or produced) 4% based on the actual market value of the gross output thereof at the time of removal Nonmetallic Minerals and Quarry Resources (Imported) 4% based on the value used by the Bureau of Customs (BOC) in determining tariff and
