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House panel OKs bill imposing excise tax on plastic bags - Vimarsana News

House panel OKs bill imposing excise tax on plastic bags

House panel OKs bill imposing excise tax on plastic bags enablePagination: false endIndex: Metro Manila (CNN Philippines, March 16) — The House Ways and Means Committee has approved a measure imposing excise tax on plastic bags. The unnumbered substitute bill proposes a ₱20 excise tax for every kilogram of plastic bags removed from the place of production, or released from the Bureau of Customs' custody. The measure defines plastic bags as "secondary level plastics made of synthetic or semisynthetic organic polymer," commonly known as "labo" or "sando" bags used in packaging products. Co...