Philippine Standard Time:
04 December 2023, 05:05 AM
TAX CALCULATOR – INFORMAL ENTRY EXPRESS SHIPMENT
*Please fill in the necessary fields Press “calculate” once finished
FOB/FCA Value
ADD: Dutiable Insurance
ADD: Dutiable Freight
Dutiable Value(Foreign Currency)
Multiply by: Exchange Rate
Dutiable Value(PHP)
Multiply by: Rate of Duty(%)
Customs Duty
ADD the following:
Brokerage Fee (check if applicable)
Php0.00
Customs Documentary Stamp
Php30.00
Total Landed Cost(TLC)
ADD:Excise Tax, if any
Value-Added Tax(VAT) Base
Multiply by: VAT rate
12%
Value Added Tax
Summary:
Customs Duty
Value Added Tax
Excise Tax, if any
Customs Documentary Stamp
Php30.00
Total Amount Due to the Government:
NOTE: * We would like to remind you that the figure provided above is an estimate of duties and tax shipped via express couriers (DHL, FedEx, UPS, etc..). Hence, it is intended only to give you an overview/range of the amount of duties and taxes payable. The actual amount of duties and taxes may differ from the estimated amount herein provided.
* Brokerage fee of 700 pesos will be applied to packages sent thru courier e.g. FedEx, DHL, UPS, etc. as basis for the computation of VAT.
* To determine the insurance, use 2% of the FOB or FCA for general cargo and 4% for dangerous cargo.
* To determine the updated exchange rate, visit http://customs.gov.ph/.
* To identify the applicable rate of duty, refer to the Tariff Finder, click MFN and provide description of the product at http://tariffcommission.gov.ph/finder/index.php?page=tariff-finder3.
* To identify the applicable excise tax, refer to the Excise Tax Rates at https://www.bir.gov.ph/index.php/tax-information/excise-tax.html.
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