Still can’t quit smoking? President Rodrigo Roa Duterte has just signed Republic Act 11346 or the law mandating additional increase in excise tax on cigarettes making smoking an expensive habit.
Under the new law, excise tax on cigarettes will go up to P45 beginning January 1, 2020, up from the current P35. It will steadily increase in succeeding years at 5% indexation. Meanwhile, e-cigarettes will be levied P10 per pack beginning next year. The tax will increase by 5% every year effective Jan. 1, 2021. On the other hand, vapor products (vapes), individual cartridge, refill, pod or container of its liquid solutions or gel will be charged P10 per 10 ml. Products that are more than 50 ml will be slapped with P50 excise tax plus P10 per additional 10 ml. See full schedule below.
Revenues collected will be used to fund the Universal Health Care law.