CHAN ROBLES AND ASSOCIATES LAW FIRM - Welcome to the Home of the Philippine On-Line Legal Resources
 
PHILIPPINE TAX UPDATE
ON-LINE
 
Sponsored by:  The ChanRobles Group
 
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
 
ANNEX A-1
LOCAL DISTILLED SPIRITS BRANDS PRODUCED FROM SAP
OF NIPA, COCONUT, ETC. COVERED BY SECTION 141 [b]
 
 
BRAND/TYPE OF SPIRITS
[All in 750 ml./Bottle]
 
 
SIZE
A
 
PROOF
B
 
PROOF
LITER PER BOTTLE
C
RETAIL PRICE
D
 
VAT [10%]
E
EXCISE TAX 
PER BOTTLE  [bx8.00]
F
PERCENTAGE EXCISE TAX IN RELATION TO RETAIL PRICE [e/c]
G
NET RETAIL PRICE [EXCLUDING VAT AND EXCISE TAX]
Ginebra San Miguel (bilog)     250 ml
80
0.200
P10.00
   P 1.00
1.600
16.00%
P7.40
Ginebra San Miguel (bilog)
350 ml
 
0.280
13.00
1.30
2.240
17.23%
9.46
Ginebra San Miguel (quatro cantos)
350 ml
 
0.280
14.00
1.40
2.240
16.00%
10.36
Ginebra San Miguel (quatro cantos
700 ml
 
0.560
28.00
2.80
4.480
16.00%
20.72
Anejo lRum 65 Flat 5 Years
375 ml
80
0.300
16.50
1.65
2.400
14.55%
12.45
Anejo Rum 65
375 ml
65
0.240
11.50
1.15
1.920
16.70%
8.43
White Castle 5 Years
375 ml
80
0.300
21.00
2.10
2.400
11.43%
16.50
White Castle Whisky
750 ml
80
0.600
42.00
4.20
4.800
11.43%
33.00
Cherry Brandy
750 ml
65
0.488
34.50
3.45
3.900
11.30%
27.15
Tanduay Rhum 5 Years
375 ml
750 ml
80
0.300
0.600
11.75
34.25
1.18
3.43
2.400
4.800
20.43%
14.01%
8.18
26.03
Tondena Manila Rum Silver LN
750 ml
80
0.600
44.50
4.45
4.800
10.79%
35.25
Cooler
300 ml
20
0.060
18.50
1.85
0.480
2.59%
16.17
Back to Top  -  Back to Home  -  Back to Tax Index  -  Back to NIRC Index  -  Back to Annexes Index
 
URL : http://www.chanrobles.com/legal6title52.htm
 Copyright ©1998 by ChanRobles Publishing Company 
 All Rights Reserved 
A production of The ChanRobles Group
Questions and comments mailto: 
cralaw@vasia.com or jgc@chanrobles.com 
Designed & Maintained by: 
Harvard Computer Systems, Inc. 
contents disclaimer   e-mail restriction 
[Our site works best at 800x600 resolution with Netscape]
     
Since 19.07.98