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Briefing On Republic Act (RA) 10963: Tax Reform For Acceleration and Inclusion (TRAIN)

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mark anthony espiritu

This document summarizes Republic Act 10963, which levies excise taxes on sweetened beverages in the Philippines. It defines sweetened beverages as non-alcoholic drinks containing added caloric or non-caloric sweeteners. The tax applies to drinks like sweetened juices, teas, carbonated drinks, and energy drinks, but excludes some juices, milk products and coffee. The tax rates vary from PHP 6-12 per liter depending on the type of sweetener used. Manufacturers, importers and possessors of untaxed sweetened beverages are liable for the tax, which is paid to the Bureau of Internal Revenue before products are removed from production facilities or customs.

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Briefing On Republic Act (RA) 10963: Tax Reform For Acceleration and Inclusion (TRAIN)

Uploaded by

mark anthony espiritu
66 views10 pages
This document summarizes Republic Act 10963, which levies excise taxes on sweetened beverages in the Philippines. It defines sweetened beverages as non-alcoholic drinks containing added caloric or non-caloric sweeteners. The tax applies to drinks like sweetened juices, teas, carbonated drinks, and energy drinks, but excludes some juices, milk products and coffee. The tax rates vary from PHP 6-12 per liter depending on the type of sweetener used. Manufacturers, importers and possessors of untaxed sweetened beverages are liable for the tax, which is paid to the Bureau of Internal Revenue before products are removed from production facilities or customs.

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EXCISE_TAX_SWEETENED_BEVERAGE.pdf

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This document summarizes Republic Act 10963, which levies excise taxes on sweetened beverages in the Philippines. It defines sweetened beverages as non-alcoholic drinks containing added caloric or non-caloric sweeteners. The tax applies to drinks like sweetened juices, teas, carbonated drinks, and energy drinks, but excludes some juices, milk products and coffee. The tax rates vary from PHP 6-12 per liter depending on the type of sweetener used. Manufacturers, importers and possessors of untaxed sweetened beverages are liable for the tax, which is paid to the Bureau of Internal Revenue before products are removed from production facilities or customs.

Copyright:

© All Rights Reserved
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
66 views10 pages

Briefing On Republic Act (RA) 10963: Tax Reform For Acceleration and Inclusion (TRAIN)

Uploaded by

mark anthony espiritu
This document summarizes Republic Act 10963, which levies excise taxes on sweetened beverages in the Philippines. It defines sweetened beverages as non-alcoholic drinks containing added caloric or non-caloric sweeteners. The tax applies to drinks like sweetened juices, teas, carbonated drinks, and energy drinks, but excludes some juices, milk products and coffee. The tax rates vary from PHP 6-12 per liter depending on the type of sweetener used. Manufacturers, importers and possessors of untaxed sweetened beverages are liable for the tax, which is paid to the Bureau of Internal Revenue before products are removed from production facilities or customs.

Copyright:

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Briefing on Republic Act

(RA) 10963: Tax Reform


for Acceleration and
Inclusion (TRAIN) –
Sweetened Beverages
[Section 150B of the Tax
Code]
Sweetened Beverages (SBs) -
refer to non-alcoholic beverages of
Sweetene any constitution (liquid, powder, or
d concentrates), that are pre-packaged
Beverages and sealed in accordance with the Food
and Drug Administration (FDA) standards,
that contain High Fructose Corn Syrup
(HFCS) and other caloric and/or non-
caloric sweeteners added by the
manufacturers.
2
Types of Sweeteners
 Caloric Sweetener - refers to a substance
that is sweet and includes sucrose, fructose,
Sweetene
and glucose that produces a certain
d sweetness.
Beverages
 High Fructose Corn Syrup – refers to a
sweet saccharide mixture containing fructose
and glucose which is derived from corn and
added to provide sweetness to beverages,
and which includes other similar fructose
syrup preparations. 3
Types of Sweeteners
 Non-Caloric Sweetener - refers to a
substance that is artificially or chemically
Sweetene processed that produces a certain
sweetness. These are substances which can
d be directly added to beverages, such as
Beverages aspartame, sucralose, saccharin,
acesulfame potassium, neotame,
cyclamates and other non-nutritive
sweeteners approved by the codex
alimentarius and adopted by the FDA.
4
Subject to Excise Tax
 Sweetened juice drinks;
 Sweetened tea;
 All carbonated beverages;
Sweetene
 Flavored water;
d
 Energy and sports drinks;
Beverages
 Other powdered drinks not classified as
Products
milk, juice, tea, and coffee;
 Cereal and grain beverages; and
 Other non-alcoholic beverages that contain
added sugar
5
NOT Subject to Excise Tax
 All milk products
 One Hundred Percent (100%) natural fruit
juices w/o added sugar/ caloric sweetener
Sweetene  One Hundred Percent (100%) natural
d vegetable juices w/o added sugar/ caloric
Beverages sweetener
Products  Meal replacement and medically indicated
beverages for oral nutritional therapy
 Ground, instant soluble and pre-packaged
powdered coffee products.
6
 Manufacturer
Persons  Owner or Possessor of untaxed
Liable products
 Importer

7
Tax Rate
PRODUCT (per liter)
Using purely caloric sweeteners, P6.00
and purely non-caloric  
Tax Rates sweeteners, or a mix of caloric  
and Bases and non-caloric sweeteners
Using purely high fructose corn P12.00
syrup or in combination with any
caloric or non-caloric sweetener
Using purely coconut sap sugar Exempt
and purely steviol glycosides

8
Computati Number of Liters
on of EXCISE TAX DUE = X
Excise Tax (Specific Tax) Excise Tax
Rate

9
In general
 Before removal from the place of
production, in case of locally
Filing and manufactured products
Payment of ` Payment/Deposit – Taxpayer, at
Excise Tax his option pay to the BIR using BIR
Form 2200S

 Before release from Customs house, in


case of imported products 
10

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