Seminars Schedules

Chapter V – Excise Tax on Petroleum Products

Friday, 8 July 2011, 14:34 | Category : Excise Tax, National Taxes
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SEC. 148. Manufactured Oils and Other Fuels. – There shall be collected on refined and manufactured mineral oils and motor fuels, the following excise taxes which shall attach to the goods hereunder enumerated as soon as they are in existence as such: (a) Lubricating oils and greases, including but not limited to, basestock for lube […]

Chapter IV – Excise Tax on Tobacco Products

Friday, 8 July 2011, 14:29 | Category : Excise Tax, National Taxes
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SEC. 144. Tobacco Products. – There shall be collected a tax of One peso (P1.00) on each kilogram of the following products of tobacco: (a) Tobacco twisted by hand or reduced into a condition to be consumed in any manner other than the ordinary mode of drying and curing; (b) Tobacco prepared or partially prepared […]

Chapter III – Excise tax on Alcohol Products

Friday, 8 July 2011, 14:21 | Category : Excise Tax, National Taxes
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SEC. 141. Distilled Spirits. – On distilled spirits, there shall be collected, subject to the provisions of Section 133 of this Code, excise taxes as follows: (a) If produced from the sap of nipa, coconut, cassava, camote, or buri palm or from the juice, syrup or sugar of the cane, provided such materials are produced […]