Annex “A” Annex “B”

(CMO 29-2014) (CMO 29-2014)

BOC AUTOMOBILE VALUATION FORMAT BOC AUTOMOBILE VALUATION FORMAT

(For Brand New Automobile Consigned To Car Manufacturers/Dealers) (For Brand New Automobile Consigned to Natural Persons)

Reference / Basis
Reference / Basis
Customs Value USD
Customs Value USD
Insurance - CMO 22-2007 (4% x CV)
Insurance - CMO 22-2007 (0.04 x CV)
Freight - CMO 22-2007
Freight - CMO 22-2007
Dutiable Value USD - CV + FRT + INS
Dutiable Value USD - CV + FRT + INS
Exchange Rate - CMO 14-2002 (USD to PhP)
Exchange Rate - CMO 14-2002 (USD to PhP)
Dutiable Value PhP - DV($) x PhP / US $ 1.00
Dutiable Value PhP - DV($) x PhP / US $ 1.00
Rate of Duty x 0.20 or 0.30 - Sec. 104, TCCP
Rate of Duty x 0.20 or 0.30 - Sec. 104, TCCP
Customs Duty PhP - DV x R/D
Customs Duty PhP - DV x R/D
a. 87.02: 10 seater and above –
20% rate of duty a. 87.02: 10 seater and above –
20% rate of duty
b. 87.03: 9 seater and below –
30% rate of duty b. 87.03: 9 seater and below –
30% rate of duty

TAXABLE VALUE
TAXABLE VALUE

Dutiable Value PhP Dutiable Value PhP

Customs Duty Customs Duty
Bank Charge - 0.00125 x T. DV Brokerage Fee - CAO 1-2001
Brokerage Fee - CAO 1-2001 Arrastre Charge - CMO 7-2014 or CMO 26-95c
Arrastre Charge - CMO 7-2014 or CMO 26-95c Wharfage Dues - CMO 7-2014 or CMO 26-95
Wharfage Dues - CMO 7-2014 or CMO 26-95 Import Processing Fee - CAO 2-2001
Import Processing Fee - CAO 2-2001 Documentary Stamps 265.00 (fixed)
Documentary Stamps 265.00 (fixed) Total Landed Cost PhP - DV + CUD + BF + AC + WD + IPF + CDS
Total Landed Cost PhP - DV + CUD + BC + BF + AC + WD + IPF + CDS
Ad Valorem Tax - Sec. 7, BIR RR 25-2003
Ad Valorem Tax - Sec. 4, BIR RR 25-2003 VAT Base PhP - LC + AVT
Vat Base PhP - LC + AVT VAT Rate x 0.12 - Sec. 107, NIRC, as amended
VAT Rate x 0.12 - Sec. 107, NIRC as amended Value Added Tax PhP - VAT Base x 12%
Value Added Tax PhP - VAT Base x 12%
SUMMARY
SUMMARY

Customs Duty PhP

Customs Duty PhP Value Added Tax
Value Added Tax Ad Valorem Tax
Ad Valorem Tax Import Processing Fee - CAO 2-2001
Import Processing Fee - CAO 2-2001 CP Fee 100.00 (fixed) - Sec. 3301, TCCP, as amended
CDS 265.00 - CMO 29-2015 CDS 265.00 - CMO 29-2015
Total Duties, Taxes & O/C PhP - CUD + VAT + AVT + IPF Total Duties, Taxes & O/C PhP - CUD + VAT + AVT + IPF + CP Fee

BOC Auto Valuation Format CMO 29-2014 Annex A - F with REFERENCE.docx BOC Auto Valuation Format CMO 29-2014 Annex A - F with REFERENCE.docx
 Annex “C” Annex “D”
(CMO 29-2014) (CMO 29-2014)

BOC AUTOMOBILE VALUATION FORMAT BOC AUTOMOBILE VALUATION FORMAT

(For Used Automobile Consigned To Returning Filipino Diplomats / DFA Officials) (For Used Automobile Consigned To Returning Filipino Residents and
Foreigners with 13A / 13G Visas or with Dual Citizenships)

Reference / Basis Reference / Basis

Customs Value USD
Depreciation Rate - CAO 7-2014 (10% per year, max limit - 50%) Customs Value - 3rd Currency (Other foreign currencies except
US dollars)
Depreciated Value USD - CV x Dep. Rate (Multiplier)
Less: DOF Partial Exemption - RA 7157 Exchange Rate - 3rd Currency to USD
FOB Value USD - Dep. Value - DOF exemption Customs Value USD
Insurance - CMO 22-2007 (0.04 x FOB) Depreciation Rate - CAO 7-2014 (10% per year, max limit – 50%)
Freight - Actual Freight Depreciated Value USD - CV x Dep. Rate (Multiplier)
Dutiable Value USD - FOB Value + FRT + INS Insurance - CMO 22-2007 (0.04 x Dep. Value)

Exchange Rate - CMO 14-2002 (USD to PhP) Freight - CMO 22-2007

Dutiable Value PhP - DV($) x PhP / US $ 1.00 Dutiable Value USD - CV + FRT + INS
Rate of Duty x 0.20 or 0.30 - Sec. 104, TCCP Exchange Rate - CMO 14-2002 (USD to PhP)
Customs Duty PhP - DV x R/D Dutiable Value PhP - DV($) x PhP / US $ 1.00
a. 87.02: 10 seater and above – Rate of Duty x 0.20 or 0.30 - Sec. 104, TCCP
20% rate of duty Customs Duty PhP - DV x R/D
b. 87.03: 9 seater and below –
a. 87.02: 10 seater and above –
30% rate of duty
20% rate of duty
TAXABLE VALUE b. 87.03: 9 seater and below –
30% rate of duty
Dutiable Value PhP TAXABLE VALUE
Customs Duty
Dutiable Value PhP
Brokerage Fee - CAO 1-2001
Customs Duty
Arrastre Charge - CMO 7-2014 or CMO 26-95c
Brokerage Fee - CAO 1-2001
Wharfage Dues - CMO 7-2014 or CMO 26-95
Arrastre Charge - CMO 7-2014 or CMO 26-95c
Import Processing Fee - CAO 2-2001
Wharfage Dues - CMO 7-2014 or CMO 26-95
Documentary Stamps 265.00 (fixed)
- DV + CUD + BF + AC +WD + IPF + CDS
Import Processing Fee - CAO 2-2001
Total Landed Cost PhP
Documentary Stamps 265.00 (fixed)
Ad Valorem Tax - Sec. 7, BIR RR 25-2003
Total Landed Cost PhP - DV + CUD + BF + AC + WD + IPF + CDS
VAT Base PhP - LC + AVT
Ad Valorem Tax - Sec. 7, BIR RR 25-2003
VAT Rate x 0.12 - Sec. 107, NIRC, as amended
VAT Base PhP - LC + AVT
Value Added Tax PhP - VAT Base x 12%
VAT Rate x 0.12 - Sec. 107, NIRC, as amended
SUMMARY Value Added Tax PhP - VAT Base x 12%

SUMMARY
Customs Duty PhP
Value Added Tax Customs Duty PhP
Ad Valorem Tax Value Added Tax
Import Processing Fee - CAO 2-2001 Ad Valorem Tax
CP Fee 100.00 (fixed) - Sec. 3301, TCCP, as amended Import Processing Fee - CAO 2-2001
CDS 265.00 - CMO 29-2015 CP Fee 100.00 (fixed) - Sec. 3301, TCCP, as amended
Total Duties, Taxes & O/C PhP - CUD + VAT + AVT + IPF+ CP Fee CDS 265.00 - CMO 29-2015
Total Duties, Taxes & O/C PhP - CUD + VAT + AVT + IPF + CP Fee
BOC Auto Valuation Format CMO 29-2014 Annex A - F with REFERENCE.docx BOC Auto Valuation Format CMO 29-2014 Annex A - F with REFERENCE.docx
 Annex “E” Annex “F”
(CMO 29-2014) (CMO 29-2014)

BOC AUTOMOBILE VALUATION FORMAT

(For Local Purchase: Sale by Privilege Individual to Non-Privilege Individual) BOC AUTOMOBILE VALUATION FORMAT
(LOCAL PURCHASE: Sale by Privilege Individual to another Privilege Individual)

Reference / Basis
Reference / Basis
Customs Value rd
- 3 Currency (Other foreign currencies except
US dollars) Customs Value - 3rd Currency (Other foreign currencies except
US dollars)
rd
Exchange Rate - 3 Currency to USD
Exchange Rate - 3rd Currency to USD
Customs Value USD
Depreciation Rate - CAO 7-2014 (10% per year, max limit – 50%) Customs Value USD
Depreciation Rate - CAO 7-2014 (10% per year, max limit – 50%)
Depreciated Value USD - CV x Dep. Rate (Multiplier)
Exchange Rate - CMO 14-2002 (USD to PhP) Depreciated Value USD - CV x Dep. Rate (Multiplier)

Dutiable Value PhP - Dep. Value x PhP / US $ 1.00

Exchange Rate - CMO 14-2002 (USD to PhP)

Rate of Duty x 0.20 or 0.30 - Sec. 104, TCCP Dutiable Value PhP - Dep. Value ($) x PhP / US $ 1.00

Customs Duty PhP - DV x R/D

Rate of Duty x 0.20 or 0.30 - Sec. 104, TCCP

a. 87.02: 10 seater and above – Customs Duty PhP - DV x R/D

20% rate of duty a. 87.02: 10 seater and above –
b. 87.03: 9 seater and below – 20% rate of duty
30% rate of duty b. 87.03: 9 seater and below –
TAXABLE VALUE 30% rate of duty

TAXABLE VALUE
Dutiable Value PhP
Customs Duty
Dutiable Value PhP
Miscellaneous Expenses 265.00 (fixed)
Customs Duty
Total Landed Cost - DV + CUD + ME
Ad Valorem Tax - Sec. 7, BIR RR 25-2003
Miscellaneous Expenses 265.00 (fixed)

VAT Base PhP - LC + AVT

Total Landed Cost - DV + CUD + ME

VAT Rate x 0.12 - Sec. 107, NIRC, as amended Ad Valorem Tax - Sec. 7, BIR RR 25-2003

Value Added Tax PhP - VAT Base x 12%

VAT Base PhP - LC + AVT
VAT Rate x 0.12 - Sec. 107, NIRC, as amended

SUMMARY Value Added Tax PhP - VAT Base x 12%

SUMMARY
Customs Duty PhP
Value Added Tax
Customs Duty PhP (Exempted)
Ad Valorem Tax
Value Added Tax (Exempted)
CP Fee PhP 100.00 (fixed) - Sec. 3301, TCCP, as amended
Ad Valorem Tax (Exempted)
Total Duties, Taxes & O/C PhP - CUD + VAT + AVT + CP Fee
Import Processing Fee - CAO 2-2001
CP Fee 100.00 (fixed) - Sec. 3301 TCCP, as amended
Net Amt Due PhP - IPF + CP Fee

BOC Auto Valuation Format CMO 29-2014 Annex A - F with REFERENCE.docx BOC Auto Valuation Format CMO 29-2014 Annex A - F with REFERENCE.docx