Jerleen Felismenia BSCA – III TM-105 March 13, 2022

Compilation Of Conversion, Formula And Excise Tax Rates

Conversion Table
Volume Capacity as converted to no. of liters:
a. cc / 1000 = no. of liters
b. ml / 1000 = no. of liters
c. cl / 100 = no. of liters
d. dl / 10 = no. of liters

Volume:
1) 1 Gallon (gal) = 3.78 liters (US);
= 4.546 liters (UK)
2) 1 Fluid Ounce (fl oz) = 29.574 ml
3) 1 Liters (li) = 1,000 Milliliters (ml)
= 1,000 Cubic Centimeters (cm3)
= 100 Centiliters (cl)
= 10 Deciliters (dl)
4) 1 Hectoliter (hl) = 100 Liters (Li)
5) 1 Barrel (bbl) = 159 Liters (Li)

For Cigars:
∙1 REAM = 10 PACKS
∙1 CARTON = 50 REAMS
∙1 GROSS = 144 PCS./PIECE
∙1 PACK = 20 STICKS

For Petroleum Products and Sweetened Beverages

∙1ltr = 1,000 ml
∙=1,000 cc
∙=100 cl
∙=10 dl
∙1cbm = 1,000 ltrs
∙1barrel (bbl) = 159 ltrs
∙1lb = 0.4536 kg
∙1kg = 1,000 grams (g)
GL = NOB x Lit. per bottle
% = Proof ÷ 2
Proof = AC % x 2
%Proof = Pf ÷ 100 or AC% x (2/100)
PL = GL x %Pf or
= NOB x Li/bt. x AC% x 2/100

Formula in the Computation of Excise Tax for Distilled Spirits Excise Tax = Ad
Valorem Tax + Specific Tax
Where:
AVT = NRP/Bt. ₱ x %PF x .22 x NOB; and

ST = LITER/bt. x %PF x ₱47.00(depending on the yr. of importation) x NOB Excise Tax Rates
2020:

Formula in the Computation of Excise Tax for Ethyl Alcohol or Ethanol: ET =

AVT + ST
= (DV x %Pf x .22) + (P47 x PL)

Rates
AVT Rate: 22% of Dutiable Value of total volume of alcohol (%Pf) ST Rate:
P47.00 per Proof Liter (PL)
Formula in the Computation of Excise Tax for Wines ET = NOB x Li/B x
ETR or;
= GL x ETR

Excise Tax Rates:

Formula in the Computation of Excise Tax for Ethyl Alcohol or Ethanol: ET =

AVT + ST
= (DV x %Pf x .22) + (P47 x PL)

Rates
AVT Rate: 22% of Dutiable Value of total volume of alcohol (%Pf) ST Rate:
P47.00 per Proof Liter (PL)

Formula in the Computation of Excise Tax for Fermented Liquor Specific Tax
Rates:

FORMULA:
Excise Tax = Gauge Liter x ETR
= NOB x Li/Bt. x ETR
Formula in the Computation of Excise Tax for Cigars and CigarettesFOR
CIGARS
Specific Tax Rate:

FORMULA:
ET = AVT + ST
= (NRP/c x AVTR.208 x NOC) + (STR <depending on yr. Of import> x NOC)

FOR CIGARETTES
Excise Tax Rate:

FORMULA:
ET = NOP x ETR P37.50 (period)
Specific Tax Rate
Petroleum Products Specific Tax Rate (Jan. 01, 2020)

Lubricating oils and greases P 10.00 per kg

Processed gas P 10.00 per liter

Waxes and petrolatum P 10.00 per kg

Denatured alcohol to be used for motive power P 10.00 per liter

Asphalt P 10.00 per kg

Naphtha, regular gasoline, pyrolysis P 10.00 per liter

and other similar products of distillation

Unleaded premium gasoline P 10.00 per liter

Kerosene P 5.00 per liter

Aviation turbo jet fuel,aviation gas P 4.00 per liter

Diesel fuel oil, and on similar fuel oil more or less the same P 6.00 per liter
generating power

Liquefied petroleum gas used for motive power P 6.00 kl

Bunker fuel oil, and on similar oils having more or P 6.00 kl

less the same generating power

Petroleum coke P 6.00 liter

Liquefied petroleum gas P 3.00 metric ton

Naphtha and pyrolysis gasoline, when raw material P 0.00

in the production of petrochemical products or
in the refining of petroleum products, or as
replacement fuel for natural-gas-fired-combined
cycle power plant, inlocally-extracted natural
gas during availability thereof

Liquefied petroleum gas, when used material in P 0.00

the production of petrochemical products

Petroleum coke when used as P 0.00

feedstock power to any generating facility
 Formula in the Computation of Excise Tax for Petroleum Coke
Sweetened Beverages under the TRAIN LAW
FORMULA:
Total ST = Total ltrs x ₱10.00/ltr
But:
Total liters = Mass(kgs)/Density(kgs/cbm) x 1,000 liters
Where:
Density = SG of oil x SG of Freshwater

Rates in Excise Tax on Automobiles Computation

NET MANUFACTURER'S PRICE/IMPORTER'S SELLING PRICE TAX RATES (RA 10963 (TRAIN Law)

OVER UP TO RATE

0 Php600,000 4%

Php600,000 Php1,000,000 10%

Php1,100,000 Php4,000,000 20%

Php4,000,000 over 50%

Formula: For Brand New Automobile Consigned to Car Manufacturer (Annex A)

Customs Value USD (FOB INCOTERM) + Insurance Premium Freight (4% of CV ; actual) = Dutiable Value USD
Dutiable Value USD x Exchange Rate (CMO #14 -2019) = Dutiable Value Php

Dutiable Value Php x Rate of Duty (20% or 30%) = Customs Duty Php

Computation of AVT and VAT

Dutiable Value Php ( as computed )
+ Customs Duty ( as computed )
+Bank Charges (w/ or w/o LC) (.00125 of DV)
+ Brokerage Fee (CAO 1-2001 )
+ Arrastre Charge ( P149.00/MT)
+ Wharfage Due ( P36.00/MT)
+ Import Processing Fee (CAO 2 - 2001)
+Documentary Stamps (P 280.00 fixed) CMO 30 - 2019

= Total Landed Cost Php

X Ad Valorem Tax (Sec. 3 Reg. 5 - 2018)
= Total Value Added Tax Base
X Value Added Tax Rate 12% (Sec. 107, NIRC)
=Total Value Added Tax Php

Summary:
Customs Duty Php ( as computed )
+ Value Added Tax ( as computed )
+ Ad Valorem Tax ( as computed )
+ Import Processing Fee (CAO 2 - 2001)
+ Documentary Stamps (P 280.00 fixed) CMO 30 - 2019
+ Container Security Fee ($ 5.00/20’ or $ 10.00/40’)
= Total Duty, Taxes & O/c Php (formal entry)

Formula: For Brand New Automobile Consigned to Individual Persons not Intended for Sale (Annex B)
Computation of AVT and VAT

Summary:

Formula: For Used Automobile Consigned to Returning Filipino Diplomats / DFA Officials (Annex C)
Computation of AVT and VAT

Summary:

Formula: For Used Automobile Consigned to Returning Filipino Resident And Foreigners with 13/A 13/G
Visas Or with DualCitizenship (Annex D)
Computation of AVT and VAT

Summary:

Formula: For Local Purchase: Sale by Privilege Individual to Non-Privilege Individual

Computation of AVT and VAT

Summary:

Formula: For Local Purchase: Sale by Privilege Individual to another Privilege Individual (Annex F)
Computation of AVT and VAT

Summary: