TITLE VIEXCISE
TAXES
ON CERTAIN GOODS
CHAPTER VIEXCISE
TAX
ON MISCELLANEOUS ARTICLES
SEC.
149. Automobiles. -
There shall be levied, assessed and collected an ad valorem tax on
automobiles
based on the manufacturer’s or importer’s selling price, net of excise
and value-added tax, in accordance with the following schedule:
ENGINE
DISPLACEMENT
[in cc.]
GASOLINE |
DIESEL |
TAX
RATE |
Up
to 1600 |
Up
to 1800 |
15% |
1601
to 2000 |
1801
to 2300 |
35% |
2001
to 2700 |
2301
to 3000 |
50% |
2701
or over |
3001
to over |
100% |
Provided, That in
the case of imported automobiles not for sale, the tax imposed herein
shall
be based on the total value used by the Bureau of Customs in
determining
tariff and customs duties, including customs duty and all other
charges,
plus ten percent (10%) of the total thereof.
Automobiles acquired
for use by persons or entities operating within the freeport zone shall
be exempt from excise tax: Provided, That utility vehicles of
registered
zone enterprises, which are indispensable in the conduct and operations
of their business, such as delivery trucks and cargo vans with gross
vehicle
weight above three (3) metric tons may be allowed unrestricted use
outside
the freeport zone: Provided, further, That vehicles owned by
tourist-oriented
enterprises, such as tourist buses and cars with yellow plates,
color-coded,
and utilized exclusively for the purpose of transporting tourists in
tourism-related
activities, and service vehicles of freeport registered enterprises and
executives, such as company service cars and expatriates’ and
investors’
automobiles brought in the name of such enterprises, may be used
outside
the freeport zone for such periods as may be prescribed by the
Departments
of Finance, and Trade and Industry, the Bureau of Customs and the
Freeport
authorities concerned, which in no case shall exceed fourteen (14) days
per month.cralaw:red
In case such tourist
buses and cars, service vehicles of registered freeport enterprises and
company service cars are used for more than an aggregate period of
fourteen
(14) days per month outside of the freeport zone, the owner or importer
shall pay the corresponding customs duties, taxes and charges.cralaw:red
In the case of personally-owned
vehicles of residents, including leaseholders of residences inside the
freeport zone, the use of such vehicles outside of the freeport zone
shall
be deemed an introduction into the Philippine customs territory, and
such
introduction shall be deemed an importation into the Philippines and
shall
subject such vehicles to Customs duties taxes and charges, including
excise
tax due on such vehicle.cralaw:red
The Secretaries of Finance,
and Trade and Industry, together with the Commissioner of Customs and
the
administrators of the freeports concerned, shall promulgate rules and
regulations
for the proper identification and control of said automobiles.cralaw:red
SEC.
150. Non-Essential Goods. -
There shall be levied, assessed and collected a tax equivalent to
twenty
percent (20%) based on the wholesale price or the value of importation
used by the Bureau of Customs in determining tariff and customs duties,
net of excise tax and value-added tax, of the following goods:
(a) All goods
commonly
or commercially known as jewelry, whether real or imitation, pearls,
precious
and semi-precious stones and imitations thereof; goods made of, or
ornamented,
mounted or fitted with, precious metals or imitations thereof or ivory
(not including surgical and dental instruments, silver-plated wares,
frames
or mountings for spectacles or eyeglasses, and dental gold or gold
alloys
and other precious metals used in filling, mounting or fitting the
teeth);
opera glasses and lorgnettes. The term "precious metals" shall
include
platinum, gold, silver and other metals of similar or greater value.
The
term ‘imitations thereof shall include platings and alloys of such
metals;
(b) Perfumes and
toilet
waters;
(c) Yachts and other
vessels intended for pleasure or sports.
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