CONTENTS :

Tariff Headings & Rate

COST
FREIGHT
INSURANCE
OTHER CHARGES

AS FOUND
item no 1

item no 2

10%

7%

AS DECLARED

DIFF

DUTIABLE VALUE IN USD

EXCHANGE RATE

USD

DUTIABLE VALUE IN PHP

RATE OF DUTY
CUSTOMS DUTY

PHP

2,987.20
350.00
59.74
0.00
3,396.94
47.394
160,994.76

PHP

15,472.66

DUTIABLE VALUE IN PHP

CUSTOMS DUTY IN PHP
EXCISE TAX
BROKERAGE FEE
DOCUMENTARY STAMP
IMPORT PROCESSING FEE
LANDED COST
VAT RATE
VAT

PHP
PHP

160,994.76
15,472.66
0.00
5,300.00
265.00
250.00
182,282.42
12%
21,873.89

160,994.76
5,665.60
0.00
5,300.00
265.00
250.00
172,475.36
12%
20,697.04

15,473.00
21,874.00
0
250.00
265.0
0
37,862.00

5,666.00
20,697.00
0.00
250.00
265.00

9,807.00
1,177.00
0.00
0.00
0.00

26.878.00

10,984.00

SUMMARY
CUSTOMS DUTY
VALUE ADDED TAX
PENALTY
IMPORT PROCESSING FEE
DOCUMENTARY STAMP
TOTAL DUTIES 7 TAXES (payable to BOC) php

PHP
PHP
PHP

2,599.52
304.58
51.99
0.00
2,956.09
47.394
140,100.80
10%
14,010.08

387.68
45.42
7.75
0.00
440.86
47.394
20,893.96
7%
1,462.58

2,987.20
350.00
59.74
0.00
3,396.94
47.394
160,994.76
0%
5,665.60