RMO No. 29-2018 — Creates ATCs for selected Excise Taxes under RA No. 10963 (TRAIN Act) Digest | Full Text

If;,UtrliD1fl: Al I irJ'1l t: iti\1l"'ri ' "r-.:.\r.r...{.: !:' ; i i:. ^ij REPUBLIC OF THE PHILIPPINES i-lltLlittiiliiri -;lilil,i DEPARTMENT OF FINANCE F.HCORi)E i\iri.i i. Li\.iraaii-) r"- BUREAU OF INTERNAL REVENUE Quezon City May 1 1, 2018 REVENUE MEMoRANDUM oRDER No. 2*- ?att SUBJECT Creation of Alphanumeric Tax Code (ATC) for Selected Excise Taxes under TO Republic Act (RA) No. 10963, otherwise known as Tax Reform for Acceleration and Inclusion (TRAIN) Act All Collection Agents, Revenue District Officers and Other Internal Revenue Officers Concerned I. OBJECTIVE: To facilitate the proper identification and monitoring of tax collection from selected revenue source under Excise Tax pursuant to the implementation of RA No. 10963, the following ATCs are hereby created: ATC Description Tax Rate Legal Basis BIR Form RA No.10963 2200-P XP1 05 Naphtha and pyrolysis gasoline, when used as a raw material in the production 2200-P of petrochemical products or in the P 0.00/liter 2200-? refrning of petroleum products, or as P 0.00/liter replacement fuel for natural-gas-fired- P 0.00/liter combined cyrcle potn,er plant, in lieu of localiy-extracted natural gas dui-ing the non-availability thereof, per liter of volume capacity Effective on January 1,2018 Effective on .lanuary 1,2019 Effective on January 1 2020 XPOB5 Pyrolysis gasoline, per liter of volume RA No.10963 i P 7.00/liter I lcapacrty Effective on Januarv 1 2018 P 9.00/liter P 10.00/liter Effectrve on January 1 2A19 Effective on January 1,2020 XPl 65 Liquefied petroleum gas when used as RA No. 10963 raw material in the production of petrochemical products, per kilogram f, 0.00/kg P 0.00/kg Effective on .January 1,2018 P 0.00/k Effective on January 1 2019 Effective on January 1,2A20

r' ATC Description Tax Rate Legal Basis BIR Form RA No.10963 2200-P XP2OO Petroleum Coke, per metric ton P 2,50/MT 2200-P P 4.50/MT Effective on January 1, 2018 P 6.00/MT 2200-AN Effective on .ianuary 1,2019 2200-AN Effective on January 1 2024 XP21 O Petroleum Coke when used as feedstock No.10963 to any power generating facility, per metric ton P 0.00/MT P 0.00/MT Effective on January 1, 2018 P 0.00/MT Effective on January 1,2019 Effective on January 1,2020 XGO65 Hybrid Vehicles (50% of applicable tax RA No.10963 rates) 4o/o Up to P 600,000.00 10% Over P 600,000.00 to P 1,000,000.00 Over P 1,000,000.00 to P 4,000,000.00 20o/o Over P 4,000,000.00 50% XGO68 Purely Electric Hybrid Vehicles Exempt RA No.10963 XGO55 Pick-u ps Exempt RA No. 10963 2200-AN XCOl O Performance of Services on invasive 5% RA No..10963 2200-c/0605 cosmetic procedures ffi. REPEALING CLAUSE: rILIl-l);- nne^VC-IlU'- e MemoranclLlm Or.der (RMO) i'evises porrions of all otlrer issuances itrcotrsistent herewith. ffi. EFFECTIVITY: This RMO shall take effect immediately. / r:^^-So^^AAla CAESAR R. DULAY Commissioner of lnternal Revenue 017837 B-3 l:: r.,\-) i; ij I iii i L ii i'l,r\ :;l /it'-"':*"-l-; iiilir*** li i.','lQ L r.: a \., :: *!'r ..j r: ';'f r''t-l i.rj,il.; ' ii, i -i, JUt o3 2018 i i|.ri , 1:'--zi-t.!-\,*'r-.t,-a;-F*---t?-'.?l,j+,r: 1J, Fr rl- t.t : l: ! ; Picr i if l ., ,. '. l-.: