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RMC No. 41-2011: Clarifies certain issues raised on the taxability of locally-produced wines

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Summary

RMC No. 41-2011 clarifies the Excise Tax treatment of locally-produced wines such as mango, strawberry and bugnay wine.

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Key points

  1. Meaning of wines. The term wines in Section 142 of the Tax Code refers specifically to wines derived from fruits.
  2. Fruit and berry wines are taxed. Locally-produced mango, strawberry and bugnay wines, among others, are derived from fruits and/or berries and are subject to Excise Tax.

Who is affected

  • Producers of locally-produced fruit and berry wines

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