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EXCISE TAX

EXCISE TAXES

- imposed on certain specified goods or articles manufactured or produced in the Philippines or on things imported into the Philippines for domestic sale or consumption

PRODUCTS SUBJECT TO EXCISE TAX


1.

Alcohol products

2. Tobacco products 3. Mineral products

PRODUCTS SUBJECT TO EXCISE TAX


4. Miscellaneous products like: -automobiles -jewelries -perfumes -yachts and other vessels intended for pleasure/sports

WHEN TO FILE EXCISE TAX

Excise Tax Return shall be filed and the excise tax shall be paid by the manufacturer or producer before the removal of domestic products from place of production.