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Philippine Tax Update - Chan Robles Virtual Law Library



   
THE
NATIONAL INTERNAL REVENUE CODE
OF THE PHILIPPINES
[Tax Reform Act of 1997]
Republic Act No. 8424
AN ACT AMENDING THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED, AND FOR OTHER PURPOSES


    Read the full text of the


    NATIONAL INTERNAL REVENUE CODE OF 1997
    Republic Act No. 8424



      ANNEX A-4
      DISTILLED SPIRITS BRANDS PRODUCED FROM GRAINS,
      CEREALS AND GRAINS COVERED BY SECTION 141 [b]
       
      BRAND/TYPE OF SPIRITS
      [All in 750 ml./Bottle]
      TYPE
      A
      PROOF
      B
      PROOF
      LITER PER BOTTLE [ax.75]
      C
      RETAIL PRICE
      [PhP]
      D
      VAT [10%]
      [PhP]
      E
      EXCISE TAX 
      PER BOTTLE
      (bx75.00) 
      F
      PERCENTAGE EXCISE TAX IN RELATION TO RETAIL PRICE [e/c]
      G
      NET RETAIL PRICE [EXCLUDING VAT AND EXCISE TAX]
      [PhP]
      III. Standard [Low-Priced]
      Vat 69  
      White Mackay  
      Napoleon  
      Passport Scotch  
      Fundador  
      Scottish Leader  
      Smirnoff  
      Veterano Osborne  
      Cossack  
      Borzoi  
      Vonnie Clyde  
      John Lint  
      Loyal Lodge  
      Wolfschmt  
      Rossia  
      Gordon Gin  
      Whisky  
      Whisky  
      Brandy  
      Whisky  
      Brandy  
      Whisky  
      Vodka  
      Brandy  
      Vodka  
      Vodka  
      Whisky  
      Whisky  
      Whisky  
      Vodka  
      Vodka  
      Gin

      86

      86

      84

      86

      72

      80

      80

      72

      86

      80

      80

      80

      80

      80

      80

      90

      0.645

      0.645

      0.630

      0.645

      0.540

      0.600

      0.600

      0.540

      0.645

      0.600

      0.600

      0.600

      0.600

      0.600

      0.600

      0.675

      300.00

      290.00 276.50

      275.00

      269.50

      267.00

      264.00

      235.00

      225.00

      220.00

      180.00 178.00

      161.00 155.00 142.00 86.60

      30.00

      29.00

      27.65

      27.50

      26.95

      26.70

      26.40

      23.50 22.50

      22.00

      18.00 17.80

      16.10

      15.50

      14.20

       8.66

      48.38

      48.38

      47.25

      48.38

      40.50

      45.00

      45.00

      40.50

      48.38

      45.00

      45.00

      45.00

      45.00

      45.00

      45.00

      50.63

      16.125%

      16.681%

      17.089%

      17.591%

      15.028%

      16.854%

      17.045%

      17.234% 

      21.500%

      20.455%

      25.000%

      25.281%

      27.950%

      29.032%

      31.690%

      58.458%

      221.63

      212.63

      201.60

      199.13

      202.05

      195.30

      192.60

      171.00

      154.13

      153.00

      117.00

      115.20

      99.90

      94.50

      82.80

      27.32




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