Seminars Schedules

Chapter VII – Excise Tax on Mineral Products

Friday, 8 July 2011, 14:44 | Category : Excise Tax, National Taxes
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SEC. 151. Mineral Products. – (A) Rates of Tax. – There shall be levied, assessed and collected on minerals, mineral products and quarry resources, excise tax as follows: (1) On coal and coke, a tax of Ten pesos (P10.00) per metric ton; (2) On all nonmetallic minerals and quarry resources, a tax of two percent […]