Question & AnswerQ&A (Republic Act No. 6956)
The excise tax rate is Four pesos per proof liter for distilled spirits produced from these specified raw materials if they are commercially produced in the country.
The excise tax rate is One peso and fifty-six centavos per proof liter for such distilled spirits produced by small-scale distillers under these conditions.
The excise tax rate is Thirty-five pesos per proof liter for distilled spirits produced from other raw materials not specified in the first category.
The rates are as follows: Twenty-six pesos per liter for sparkling wines regardless of proof; Three pesos per liter for still wines containing 14% alcohol or less; Eight pesos per liter for still wines containing more than 14% alcohol. Fortified wines with more than 25% alcohol are taxed as distilled spirits.
Fortified wines are natural wines to which distilled spirits are added to increase their alcoholic strength, and if containing more than 25% alcohol by volume, they are taxed as distilled spirits.
The ad valorem tax rate is sixty percent (60%) of the brewer's wholesale price, excluding other taxes, six months after the Act's effectivity.
Yes. Tuba, basi, tapuy, and similar domestic fermented liquors are exempt from the excise tax imposed under this section.
The minimum sum total of ad valorem tax and value-added tax shall not be less than One peso (P1.00) per regular 320 ml bottle.
Locally manufactured cigarettes bearing a foreign brand are taxed at 55%, other locally manufactured cigarettes at 45%, and if the wholesale price including tax does not exceed P4.00 per pack, the rate is 20%.
Imported cigarettes are taxed at 65% of the importer's wholesale price, which changes to 55% beginning July 1, 1990, regardless of the contents per pack.
It includes the ad valorem tax imposed under the relevant paragraphs and the amount intended to cover the value-added tax imposed under the National Internal Revenue Code.
No. Duly registered or existing brands of cigarettes packed in twenties are not allowed to be packed in thirties under this Act.
The Secretary of Finance, upon recommendation of the Commissioner of Internal Revenue, shall promulgate the necessary rules and regulations.
It took effect fifteen (15) days following its publication in a newspaper of general circulation in the Philippines.