BOC marks 17B liters of fuel, collects P166B in taxes last year

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Photo from Bureau of Customs.
  • The Bureau of Customs marked a total of 17.0336 billion liters of gasoline, diesel, and kerosene in 2021 under the government’s fuel marking program
  • This led to collections of P165.96 billion
  • The government apprehended a total of 86,888 liters of diesel and kerosene, and seized two tank trucks carrying unmarked fuel with estimated values of P5.16 million and P7.4 million, respectively
  • From September 2019 to December 2021, BOC and BIR marked 34.59 billion liters of fuel and generated revenue amounting to P313.98 billion

The Bureau of Customs (BOC) marked a total of 17.0336 billion liters of gasoline, diesel, and kerosene and collected taxes amounting to P165.96 billion from January to December 2021 under the government’s fuel marking program.

BOC and sister agency Bureau of Internal Revenue (BIR) also apprehended a total of 86,888 liters of diesel and kerosene, and seized two tank trucks carrying unmarked fuel with estimated values of P5.16 million and P7.4 million, respectively. The tanks of eight retail stations where these unmarked fuels were found were likewise sealed and filing of criminal cases was recommended, BOC said in a statement.

From September 2019 when the program was implemented up to December 2021, BOC and BIR have marked 34.59 billion liters of fuel and generated P313.98 billion in revenue.

The implementation of the fuel marking program is among key provisions of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Marking of fuel products, whether imported or manufactured in the Philippines, will become mandatory five years after the TRAIN Law took effect on January 2018.

Fuel marking aims to curb oil smuggling and plug revenue losses arising from the illegal importation or misdeclaration of petroleum products.

Part of the program is field testing activities, which BOC and BIR started implementing in April 2021. The random field and confirmatory testing covers gasoline, diesel and kerosene found in warehouses, storage tanks, gas stations and other retail outlets, and in such other properties or equipment, as well as in vessels, tank trucks, and similar fuel transporting vehicles.

Petroleum products found without the official fuel marker or not containing the required level of official fuel marker will be slapped duties and taxes, inclusive of fines and penalties. They may also be confiscated and forfeited and may face criminal charges.