OEM ODM Aluminum Alloy Weed Herb Grinders Tobacco
Description
Technical Parameters
Quick Details
| Test Equipment | ||
Machine Name: | Brand & Model NO | Quantity |
| Image Measuring Instrument: | No information | 2 |
| Durometer: | No information | 2 |
| Pin Gauge: | No information | 1 |
| Caliper: | No information | 10 |
| Inside Micrometer: | No information | 5 |
Shows of Production
Our Company
CNC Milling Workshop
CNC machining centers, high speed drill and tap center
CNC Turning Workshop
Slant bed CNC turning machine, diameter range from 200 to 630mm
Laser Cutting And Welding Workshop
Robot arm laser welding
Stamping Workshop
Hydraulic punching machines from 30 tons to 300 tons
Our Machines
Packing & Delivery
1. Professional Placement
2. Plastic Bags
3. Carton Boxes For Shipping
4. Professional Placement
5. Professional Shock
6. Complete Package
Latest News
 | Philippines - New Tax on Tobacco Products |
January 2013 - Republic Act No. 10351 has entered into force in the Philippines since January 1, 2013. The Act adjusts the consumption tax on alcohol and tobacco products. Under the new act, the net retail price (i.e., retail price after consumption tax and 12 per cent value-added tax) is now taxed at 11.50 pesos and cigarettes under 11.50 pesos is now set at 12 pesos, or about 30 cents. Cigarettes with a net retail price above 11.50 pesos are taxed at 25 pesos per box. The tax on these two cigarettes will be increased to 17 pesos and 27 pesos per box, 21 pesos and 28 pesos in 2015 and 25 pesos and 29 pesos in 2016. From 2017, a flat tax of 30 pesos will be levied on each box, with an increase of 4% per year thereafter.
The previous law divided cigarettes into four categories at retail prices and tax rates, whereas under the new law there are now only two categories and will be taxed uniformly from 2017. Under the old tax law, a tax of 2 pesos per box of low-priced cigarettes and 28 pesos per box of high-priced cigarettes.
The new law also provides that 15 per cent of the new consumption tax revenue will be used to assist tobacco farmers in other income-generating activities, and 80 per cent of the remaining 85 per cent of the new tax revenue will be used to provide universal health care services under the National Health Insurance Programme and to achieve the Millennium Development Goals and health promotion programmes.
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