SRP/
Importer's Price
Up to P 600,000
P 600,000 to
P 1,100,000
P 1,100,000 to 2,100,000
P 2,100,000 to 3,100,000
Above P 3,100,000
Effective
January 1, 2018
3%
P 18,000 + 30% of value in excess of P 600,000
P 168,000 + 50% of value in excess of
P 1,100,000
P 668,000 + 80% of value in excess of P 2,100,000
P 1,468,000 + 90% of value in excess of P 3,100,000
Effective
January 1, 2019
4%
P 24,000 + 40%
of value in excess of P 600,000
P 224,000 + 60% of value in excess of
P 1,100,000
P 824,000 + 100% of value in excess of P 2,100,000
P 1,824,000 + 120% of value in excess of P 3,100,000