The Department of Finance (DOF) said small value importations of tobacco goods as well as wines and spirits are still subject to excise taxes under a Customs Administrative Order (CAO) that raises to P10,000 the tax-exempt value of non-commercial imports.
In a statement on Wednesday, Finance Undersecretary Antonette Tionko, who heads the DOF Revenue Operations Group, said the Order also lists goods prohibited and restricted for importation.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.