TOPIC 9 – EXCISE TAX ON PETROLEUM PRODUCTS AND SWEETENED BEVERAG

A shipment of 500 barrels of denatured alcohol from UAE was imported by a glass manufacturer to be used for window cleaning operations. How much is the total excise tax, exclusive of value-added tax?

• P795,000.00

• P890,400.00

• P477,000.00

• P534,240.00

A shipment of 120,000 ounces of paraffin wax was imported from Qatar. How much is the total specific tax, inclusive of value-added tax?

• P34,020.00

• P38,102.40

• P165,343.90

• P185,185.17

A shipment of 2,500 tanks of bunker fuel oil from South Africa was imported by a shipping line for its voyage operations. Each tank had a volume capacity of 8,000 cl. How much is the total specific tax, net of value-added tax?

• P2,000,000.00

• P2,240,000.00

• P1,200,000.00

• P1,344,000.00

A shipment of 50 plastic drums of asphalt from Australia was imported by a construction company for road construction projects. If each drum weighs 280 pounds, compute the total specific tax, value-added tax included.

• P308,641.98

• P345,679.01

• P63,504.00

• P71,124.48

A shipment of 150 plastic drums of lubricating oil from UAE with each drum having a volume capacity of 1,500 dl arrived at Port of Batangas. Inclusive of value-added tax, how much is the total specific tax?

• P252,000.00

• P225,000.00

• P22,500,000.00

• P25,200,000.00

A shipment of 3,000 plastic containers of kerosene from China was imported to be used for kerosene lamps. Each container had a volume capacity of 0.03 hl. Exclusive of value-added tax, how much is the total specific tax?

• P50,400.00

• P45,000.00

• P36,000.00

• P40,320.00

A shipment of 100 plastic cans of grease from China arrived at Port of Cebu with total gross weight and total net weight of 300,000 grams and 280,000 grams respectively. Compute the total specific tax paid to BOC.

• P280,000.00

• P313,600.00

• P2,800.00

• P3,136.00

A shipment of 300 drums of unleaded premium gasoline arrived at Port of Batangas. Each drum had a volume capacity of 180,000 cc. How much is the specific tax per drum, inclusive of value-added tax?

• P1,080.00/drum

• P1,800.00/drum

• P2,016.00/drum

• P1,209.60

A shipment of 200 cases of carbonated beverages used caloric and non-caloric sweetener. Each case contains 10 bottles with each bottle having 800 ml volume capacity. Inclusive of value-added tax, how much is the total excise tax?

• P9,600.00

• P10,752.00

• P19,200.00

• P21,504.00

A shipment of 100 cartons of powdered juice drinks used high fructose corn syrup and caloric sweetener. Each carton contains 150 packs x 30 grams. Each pack can make a 750 ml when mix with water per suggestion label. Inclusive of value-added tax, how much is the total specific tax?

• P67,500.00

• P75,600.00

• P135,000.00

• P151,200.00