Excise Tax on Alcohol Products
Content
1.
Excise Tax on Alcohol Products Distilled Spirits: T.ET = T.AVT + T.ST Wherein: T.AVT = NRP x Proof x Rate (15%) x NOB T. ST = Proof x Liter x Rate (P20.00) x NOB Sparkling Wines / Champagnes T. ET = PL x Rate (see table) Wherein: PL = GL x %Proof GL = Liters x NOB
Basis: Tax Classification If NRP/750ml is P500 or less If NRP/750 ml is more than P500 Rate of ST P250 / L P700 / L
2.
NRP/750ml
3.
Still Wines T. ET = PL x Rate (see table)
Tax Classification If AC is 14% (28 Pf) or less If AC is more than 14% but less than 25% (.50) Rate of ST P30 / L P60 / L
Basis: Per Alcohol Content (AC)
4. Fortified Wines – more than 25% AC (Same with distilled spirit) 5. Fermented Liquor (Beers) T. ET = PL x Rate (see table 3)
Basis: NRP / L Tax Classification If NRP/L is P50.60 and below If NRP/L is more than P50.60 Rate of ST P15 / L P20 / L
Excise Tax on Alcohol Products Distilled Spirits: T.ET = T.AVT + T.ST Wherein: T.AVT = NRP x Proof x Rate (15%) x NOB T. ST = Proof x Liter x Rate (P20.00) x NOB Sparkling Wines / Champagnes T. ET = PL x Rate (see table) Wherein: PL = GL x %Proof GL = Liters x NOB
Basis: Tax Classification If NRP/750ml is P500 or less If NRP/750 ml is more than P500 Rate of ST P250 / L P700 / L
2.
NRP/750ml
3.
Still Wines T. ET = PL x Rate (see table)
Tax Classification If AC is 14% (28 Pf) or less If AC is more than 14% but less than 25% (.50) Rate of ST P30 / L P60 / L
Basis: Per Alcohol Content (AC)
4. Fortified Wines – more than 25% AC (Same with distilled spirit) 5. Fermented Liquor (Beers) T. ET = PL x Rate (see table 3)
Basis: NRP / L Tax Classification If NRP/L is P50.60 and below If NRP/L is more than P50.60 Rate of ST P15 / L P20 / L
