Excise Tax

Excise tax is a tax imposed by the BIR on the production, sale, or importation of specific goods — such as sweetened beverages, alcohol, tobacco, petroleum, and automobiles — either at a specific rate per unit or an ad valorem rate based on value, in addition to any VAT or income tax otherwise due. These articles cover excise tax returns, rates, and filing rules for manufacturers and importers under the National Internal Revenue Code (NIRC).