BOC marks 17.04-B liters of fuel, collects P165.96-B taxes for 2021

Now in its third year of implementation, the Bureau of Customs (BOC) marked 17,0336,061,436 liters of gasoline, diesel, and kerosene and collected taxes amounting to P165.96 billion from January to December 2021 through the continuing implementation of the government’s Fuel Marking Program.

In line with the program’s campaign to address fuel smuggling, the BOC and BIR apprehended a total of 86,888 liters of diesel and kerosene and seized two (2) units of tank trucks carrying unmarked fuel with an estimated value of P5.16 million and P7.4 million, respectively. Tanks of eight (8) retail stations where these unmarked fuels were found were likewise sealed and recommended for filing of criminal cases.

Since its implementation from September 2019 to December 2021, the BOC and BIR marked 34.59 billion liters of fuel and generated revenue amounting to P313.98 billion. (BOC PR) – bny

Popular

PBBM hails pivot to renewables as future of power generation in PH

By Dean Aubrey Caratiquet As part of the gradual transition towards renewable energy, the government continues to support projects that would eventually steer the power...

Impeachment Trial Day 4: Prosecution’s witness Lotoc unveils VP Sara’s grave utterances against First Couple, ex-Speaker Romualdez

By Dean Aubrey Caratiquet and Brian Campued Last week, the Senate Impeachment Court began hearing Article IV of the Articles of Impeachment against Vice President...

PBBM packs Camiguin visit with health, rice, scholar aid push

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. on Monday rolled out a package of healthcare, food security, and education...

PBBM: Benoni Port Light Craft Landing Station to boost tourism, commerce in Camiguin

By Dean Aubrey Caratiquet Known for their turquoise waters and picturesque views, tropical island destinations in the Philippines serve as bits of paradise that provide...