REVENUE MEMORANDUM CIRCULAR NO. 90-2012 issued on December 28, 2012 provides the initial classifications, effective January 1, 2013, of alcohol and tobacco products according to the tax rates prescribed under Republic Act No. 10351 (an Act restructuring the Excise Tax on alcohol and tobacco products) based on the year 2010 price survey of the products conducted by the BIR.
           In  case  of  alcohol  and/or  tobacco  products  that  were  introduced after the 2010 price survey but before the effectivity of the said Act, their respective tax classification or rate is based on the suggested net retail price declared in the latest sworn statement filed by the local manufacturer or importer, as the case may be.