Consumption Tax
Law Establishing The Consumption tax
Read MoreObligations
Any manufacturer of a product subject to consumption tax is required to keep a register of daily inventory of the products manufactured and a sales register. The sales register shall indicate the price and quantity offered to every (...)
Read MorePenalties and Interest
A taxpayer who fails to comply with the provisions of law determining and establishing consumption tax on Some imported and locally manufactured products shall be liable to a fine. Any taxpayer who fails to remit the tax due within (...)
Read MoreRates
The following is a list of Consumption Tax Rates
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