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Posts tagged with "TRAIN Law"

P143B collected from marking 14B liters of fuel

P143B collected from marking 14B liters of fuel

Oct. 20 | The first live marking of petroleum products at the Seaoil Bulk Terminal in Mabini, Batangas in August 2019 | Photo from SGS Philippines, which joint venture with SICPA SA provides fuel marking services for the program. The Philippine government has marked...

Guidelines on field testing of fuels being finalized

Guidelines on field testing of fuels being finalized

Sep. 30 | Fuel marking dry run at the Port of Subic last year | Photo from BOC’s Public Information and Assistance Division The guidelines on implementation of field testing of fuels under the Philippine government’s fuel marking program are being finalized...

Fuel marking program yields P126.5B in first year

Fuel marking program yields P126.5B in first year

Sep. 8 | The first live marking of petroleum products occurred at the Seaoil Bulk Terminal in Mabini, Batangas in August 2019 | Photo from the Bureau of Customs The Philippine government collected P126.51 billion in duties and taxes in the first year of the fuel...

Oil firms to pay fuel marking fees from Sept 4

Oil firms to pay fuel marking fees from Sept 4

Sep. 3 | Image by lebone from Pixabay From September 4, 2020, the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) will start collecting from oil companies a fuel marking fee for all manufactured, refined and imported petroleum products. During the...

Gov’t earns P92B from fuel marking program

Gov’t earns P92B from fuel marking program

Aug. 4 | The first live marking of petroleum products occurred at the Seaoil Bulk Terminal in Mabini, Batangas on August 2, 2019 | Photo courtesy of BOC The Philippine government took in P91.7 billion in import duties from its fuel marking program over an 11-month...

8.1M liters of bio-diesel fuel marked

8.1M liters of bio-diesel fuel marked

Jul. 27 | BOC Batangas Fuel Marking Team, BIR, and SICPA-SGS members during the fuel marking activity on July 17 | Photo from BOC A total of 8.104 million liters of bio-diesel were marked in the newly-opened Quezon terminal of Azora Holdings Inc. for ERA1 Petroleum...

7.7B liters of oil products fuel marked from Sept 2019

7.7B liters of oil products fuel marked from Sept 2019

May. 28 | Customs commissioner Rey Leonardo Guerrero (third from left) and Finance secretary Carlos Dominguez III (fourth from left) during a fuel field testing demonstration in February 2020 | Photo courtesy of BOC A total of 7.705 billion liters of petroleum...

More than 7B liter fuel marked over 7 months

More than 7B liter fuel marked over 7 months

Apr. 28 | Fuel marking at the Jetti Petroleum, Inc. Bataan Terminal last February 2020. A total of 7.042 billion liters of imported petroleum products in refineries and terminals nationwide was marked from September 2019 to April 23, 2020 as part of the country’s...

Jetti Petroleum marks 48M liters of fuel products at Bataan terminal

Jetti Petroleum marks 48M liters of fuel products at Bataan terminal

Feb. 18 | Almost 18 million liters of diesel and 30.121 million liters of gasoline have been marked at Jetti Petroleum’s terminal in Mariveles, Bataan as part of the Philippine government’s fuel marking program. The latest marking under the program was conducted...

Random field tests on imported fuels to start mid-Feb—BOC

Random field tests on imported fuels to start mid-Feb—BOC

Feb. 3 | Bureau of Internal Revenue (BIR) Strike Team chief Sonny Advincula, BIR director Beverly Milo, Bureau of Customs (BOC) assistant commissioner Atty. Vincent Philip Maronilla, and BOC deputy commissioner Teddy Sandy Raval in a press briefing on January...