IN THE KNOW: Excise taxes

Excise taxes apply to goods manufactured or produced in the Philippines for domestic consumption or for any other disposition and to things imported.

Excise tax on domestic goods shall be paid by the manufacturer or producer before the removal of such goods from the place of production, except for indigenous petroleum, locally extracted natural gas and liquefied natural gas which shall be paid by the first buyer or transferee for local sale, barter or transfer.

Sources: Republic Act No. 8424, ntrc.gov.ph and Inquirer Archives