Duties collected from marked fuel total P97.1B
Import duties and other taxes collected from oil products have reached P97.1 billion since the government began injecting fuels with chemical markers in September last year, the Bureau of Customs…
P91.7B: Taxes from marked fuel since September 2019
The government generated P91.7 billion in import duties and excise from oil products since September 2019, thanks to the fuel marking program which ensured collection of correct levies. Finance Secretary…
Marked tax-paid fuel breached 10 billion liters in mid-July
MANILA, Philippines — The government has collected excise taxes and import duties from over 10 billion liters of oil products as of mid-July through the fuel marking program. The latest…
Volume of marked tax-paid fuel breaches 9-billion-liter mark
MANILA, Philippines — The volume of tax-paid marked fuel breached the nine-billion-liter mark last week, ensuring collection of correct import duties and excise taxes from oil products at a time…
Tax-paid marked fuel tops 8 billion – liter mark
MANILA, Philippines – Over eight billion liters of fuel were already marked by the government to date after oil firms paid their correct import duties and excise taxes. Bureau of…
7.55B liters of oil marked as gov’t moves to buttress revenues
About half a billion liters of oil products were marked tax-paid in the first half of May, allowing the government to collect a higher levy on imports and shore up…
BOC: 7.55B liters of oil products marked as of mid-May
Nearly half-a-billion liters of oil products was added to the volume of oil products marked as tax-paid in the first half of May as the government collected higher levy on…
Tax-paid marked fuel breaches 7 billion liter mark
MANILA, Philippines – The volume of marked tax-paid oil products breached seven billion liters as of last week, thanks to the fuel marking program’s exemption from movement restrictions during the…
Volume of marked, tax-paid fuel reaches 6.87B
The volume of marked tax-paid oil products reached 6.87 billion in mid-April as the fuel marking program had been exempted from coronavirus lockdowns to ensure correct tax and duty payments…
Volume of marked tax-paid fuel rise to 6.45 billion despite lockdown
MANILA, Philippines — As of last week, a total of 6.45 billion liters of tax-paid fuel had been already marked by the government as it continued to monitor oil firms’…