SALE OR IMPORTATION OF :
1. agricultural and marine
food products in their
original state
*original state: even if they 2.
have undergone simple
processes of preparation or
preservation for the market
2. Fertilizers, seeds,
seedlings and fingerlings;
fish, prawn, livestock and
poultry feeds
Importation of:
1. Personal & HH effects
belonging to residents of PH
returning from abroad and
NRC coming to resettle in
the PH.
2. Belonging to persons
coming to settle in the
Philippines or Filipinos or
their families and descendants
who are now residents or
citizens of other countries,
(overseas Filipinos) such as:
Professional instruments and
implements, wearing apparel,
domestic animals, and
personal household
Eg. Livestock and poultry
Or those used as or yielding producing
foods for:
1. Human consumption
Breeding stock
3. Genetic materials
Includes their ingredients whether locally
produced or imported
Except: specialty feeds for racehorses,
fighting cocks, aquarium fish, zoo
animals and other animals generally
considered as pets.
Provided that such goods are exempt
under the TCC of the PH
Provided that:
1. In quantities and of the class suitable
to the profession, rank or position of the
persons importing said items,
2. For their own use and not for barter or
sale,
3. Accompanying such persons or
arriving within a reasonable time
* the BOC may, upon the production of
satisfactory evidence that such persons
are actually coming to settle in the PH
and that the goods are brought from their
former place of abode, exempt such
goods from payment of duties and taxes.
* vehicles, vessels, aircrafts, machineries
and other similar goods for use in
manufacture shall not fall within this
classification and shall therefore be
subject to duties, taxes and other charges.
Services
1. Subject to Percentage tax
under Title V
2. Services by agricultural
contract growers and
milling for others of palay
into rice, corn into grits and
sugar cane into raw sugar
3. Medical, dental, hospital
and veterinary services
except those rendered by
professionals
4. Educational services Accredited by DepEd, CHED and
rendered by private TESDA
educational institutions
by government educational
inst
5. Services rendered by
individuals pursuant to an
employer-employee
relationship
6. rendered by RAHQ established in the Philippines by
multinational corporations which act as
supervisory, communications and
coordinating centers for their affiliates,
subsidiaries or branches in the Asia-
Pacific Region and do not earn or derive
income from the Philippines;
7. Gross receipts from Duly registered by CDA
lending activities by credit
or multi-purpose
cooperatives
Sales by:
1. Agricultural cooperatives 1. duly registered under the Coop Devt.

their importation of direct
farm inputs, machineries and
equipment, including spare
parts thereof, to be used
directly and exclusively in
the production and/or
processing of their produce;
2. by non-agricultural, non-
electric and non-credit
cooperatives
3. Real properties
 not primarily held for
sale to customers or
held for lease in the
ordinary course of
trade or business or
real property utilized
for low-cost and
socialized housing
4. Sale, importation, printing
or publication of books and
any newspaper, magazine
review or bulletin
1. residential unit
1. Transport by international
carriers
2. Sale, importation or lease
of passenger or cargo
vessels and aircraft,
including engine,
equipment and spare parts
Authority thereof for domestic or
2. sale to members (wn produce) international transport
3. sale of produce to members or non operations;
members
1. Registered with CDA
2. the share capital contribution of each
member does not exceed 15K
3. regardless of the aggregate capital and
net surplus ratably distributed among the
members;
Currently: 2021:
1. 1.5M Residential lot 1.
2. 2.5M H + Lot and other 2. 2M
residential dwellings
Amounts shall be adjusted to its present
value using the Consumer Price index
published by the PSA
1. appears at regular intervals with fixed
prices
2. subscription and sale and which is not
devoted principally to the publication of
paid advertisements;
Lease
Monthly rental not exceeding 15K
Transport