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2200-M Excise Tax Return for Mineral Products Description

This return shall be filed in triplicate by the following: 1. Owner, lessee, concessionaire or operator of the mining claim; 2. First buyer, purchaser or transferee for local sale, barter, transfer or exchange of indigenous petroleum, natural gas or liquefied natural gas; and 3. Owner or person having possession of the minerals and mineral products which were mined, extracted or quarried without the payment of excise tax.

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DLN:

PSIC:

EXCISE TAX
RETURN

Republika ng Pilipinas
Kagawaran ng Pananalapi
Kawanihan ng Rentas Internas

BIR Form No.

2200-M

for MINERAL PRODUCTS

September 2005 (ENCS)

Fill in all applicable spaces. Mark all appropriate boxes with an "X".
1

Date

2 Amended
Return

(MM/ DD/ YYYY)

PART I

Yes

No

3 Quarterly
Return

Yes

No

BACKGROUND INFORMATION

5

TIN

8

Taxpayer's Name

10

Registered Address (Please indicate complete address)

12

Place of
Production
Are you availing of tax relief under
Special Law or International Tax Treaty?

14

6

RDO Code

7 Line of
Business
(Last Name, First Name, Middle Name for Individuals) / (Registered Name for Non-Individual)

9

Telephone Number

11 Zip Code

13

Yes

Place of
Extraction
15 If yes, please
specify

No

PART II
16

4 No. of sheets
attached

MANNER OF PAYMENT
Payment on Actual Removal

Prepayment/Advance deposit/
Other similar schemes (please specify)

PART III

PAYMENTS AND APPLICATION
Amount
17

17

Excise Tax Due

18

Less: Balance Carried Over from Previous Return

18A

Creditable Excise Tax, if applicable

18B

18C

19

Net Tax Due/(Overpayment)

19

20

Less: Payment on Returns Previously Filed for the Same Period, if amended return

20

21

Tax Still Due/(Overpayment)

21

22

Add: Penalties
Surcharge

22A

Interest

Compromise

22B

23

22D

Amount Payable

24

22C

23

Less: Payment Made Today
Tax Payment/Deposit
Penalties (from 22D)

25

24A
24B

24C

Balance to be Carried Over to Next Return

25

PART IV
I declare, under the penalties of perjury, that this return has been made in good faith, verified by me, and to the best of my knowledge and
belief, is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.
26
27
President/Vice President/Principal Officer/Accredited Tax Agent/
Treasurer/Assistant Treasurer
Authorized Representative/Taxpayer
(Signature over printed Name)
(Signature over printed Name)
Title/Position of Signatory

TIN of Signatory

Tax Agent Acc.No./Atty's Roll No.(if applicable)

Part V
Particulars
28 Cash/Bank 28A
Debit Memo
29A
29 Check
30
31

Tax Debit
Memo
Others
31A

Date of Issuance

Title/Position of Signatory

Date of Expiry

TIN of Signatory

DETAILS OF PAYMENT

28B

28C

28D

Stamp of
Receiving Office/AAB
and
Date of Receipt

29B

29C

29D

(RO's Signature/
Bank Teller's Initial)

30A

30B

30C

31B

31C

31D

Drawee Bank/
Agency

Number

MM

Date
DD

YYYY

Machine Validation/Revenue Official Receipt Details (If not filed with an Authorized Agent Bank)

Amount

SCHEDULE I
ATC

Description

XM010 Coal and Coke

Place of
Removal

SUMMARY OF REMOVALS AND EXCISE TAX DUE ON MINERAL PRODUCTS CHARGEABLE AGAINST PAYMENTS
Provisional
Final
Volume of
Actual/Fair2200-M page2 Tax
Market Value
Actual/Fair Market Value
Mineral Removed
Tax
Tax
Tax
Due
Taxable
Exempt
Taxable
Exempt
Rate
Due
Taxable
Exempt
Rate
(A)
(B)
(C )
(D)
(E)
(F)
(G)
(H)
(I)
(J)
P10/MT

P10/MT

XM020

Non-metallic minerals
and quarry resources

2%

2%

XM030

Copper and Other
Metallic Minerals

2%

2%

XM040 Gold and Chromite

2%

2%

XM050 Indigenous Petroleum

3%

3%

Natural Gas or Liquefied
XM051 Natural Gas (locally extracted)

0%

0%

XM060 Other metallic minerals
(please specify)

Total Tax Due

Guidelines and Instructions

Tax Due
Adjustment
per Final Value
(K)

Total
Tax
Due
(L) = (F+J+K)

Who Shall File
This return shall be filed in triplicate by the following:
1.
Owner, lessee, concessionaire or operator of the mining claim;
2.
First buyer, purchaser or transferee for local sale, barter, transfer or exchange of indigenous petroleum,
natural gas or liquefied natural gas; and
3.
Owner or person having possession of the minerals and mineral products which were mined, extracted or
quarried without the payment of excise tax
For imported minerals and mineral products, the excise tax shall be paid by the importer or owner to the Bureau of
Customs before removal of such imported articles from the customshouse.
Time and Manner of Filing and Payment
For each place of production, a separate return shall be filed and the excise tax shall be paid upon removal of the mineral
products from the place of production with any Authorized Agent Bank (AAB) located within the territorial jurisdiction of the
Revenue District Office where the taxpayer is required to register. In places where there are no AABs, the return shall be filed
and the tax due shall be paid with the Revenue Collection Officer or Duly Authorized City or Municipal Treasurer of the
municipality or city falling under the jurisdiction of the aforesaid Revenue District Office. In the case of locally produced or
extracted minerals or quarry resources where the mine site or place of extraction is not the same as the place of processing or
production, the return shall be filed with and the excise tax paid to the Revenue District Office having jurisdiction over the
locality where the same are mined, extracted or quarried.
On locally produced or extracted metallic mineral or mineral products, the person liable shall file a return and pay the tax
within fifteen (15) days after the end of the calendar quarter when such products were removed, subject to the filing of a bond in
an amount which approximates the amount of excise tax due on the removals for the said quarter.
Identified large excise taxpayers duly informed in writing as such by the Commissioner of Internal Revenue, or his duly
authorized representative, shall file the excise tax return and pay the corresponding excise tax due with the Authorized Agent
Bank located in the BIR National Office, Diliman, Quezon City.
How to Fill-up Schedule I
In cases where the mineral products are subject to assay, Schedule 1 shall be accomplished as follows:
1.
If the final values of all removals of minerals during the return period have been determined during the same
return period, fill up Columns A, B (if applicable), G, H (if applicable), J, and L.
2.
If the final values of all removals of minerals are not yet determinable during the return period, fill up
Columns A, B (if applicable), C, D (if applicable), F and L.
3.
If only the adjustment to the tax due based on the difference between the provisional and final values on
removals from previous return period(s) are to be declared during the return period, fill up Columns K and L.
4.
If the total tax due consists of taxes due on provisional, final and adjusted values, fill up all applicable
columns.
However, in cases where the mineral products are not subject to assay, fill up Columns G, H (if applicable), J and L.

Penalties
1.

A surcharge of twenty five percent (25%) for each of the following violations:
a)
Failure to file any return and pay the tax due thereon on the date prescribed;
b)
Unless otherwise authorized by the Commissioner, filing a return with a person or office other than those with whom it is required to be
filed;
c)
Failure to pay full or part of the amount of tax shown on the return, or the full amount of tax due for which no return is required to be
filed on or before the due date;
d)
Failure to pay the deficiency tax within the time prescribed for its payment in the Notice of Assessment.
2.
A surcharge of fifty percent (50%) of the tax or of the deficiency tax, in case any payment has been made on the basis of such return before the
discovery of the falsity or fraud, for each of the following violations:
a)
Willful neglect to file the return within the period prescribed by the code or by rules and regulations; or
b)
In case a false or fraudulent return is willfully made.
3.
An interest of twenty percent (20%) per annum on any unpaid amount of tax, from the date prescribed for the payment until it is fully paid.
4.
Compromise penalty.
Attachment Required:
§ All returns filed by an authorized representative must attach authorization letter.
Note:
§ This return shall be used in the following instances:
1.
For payment of excise tax due on the actual volume of mineral products to be removed from the place where the same are mined, extracted or
quarried, including the quarterly payment of excise tax due thereon;
2.
For prepayments, advance deposits or other similar schemes in payment of excise tax on locally mined, extracted or quarried minerals. The
balance of advance payment or deposit of excise tax shall, in no case, be utilized in payment of penalties. In the event that the balance is
insufficient to cover the excise tax due, penalties shall be computed and imposed on the difference. These shall be computed from the date of
removal when the insufficiency shall have been incurred.
§ All returns filed by an accredited tax agent on behalf of a taxpayer shall bear the following information:
1. For CPAs and others (individual practitioners and members of GPPs);
1.1 Taxpayer Identification Number (TIN); and
1.2 Certificate of Accreditation Number, Date of Issuance, and Date of Expiry.
2. For members of the Philippine Bar (individual practitioners, members of GPPs);
2.1 Taxpayer Identification Number (TIN); and
2.2 Attorney’s Roll number or Accreditation Number, if any.
ENCS

2200-M
 
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