Excise Tax (Petroleum Products) - 2021 Flashcards
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Lubricating oils and greases, including but not limited to, base stock for lube oils and greases, high vacuum distillates, aromatic extracts and other similar preparations, and additives for lubricating oils and greases, whether such additives are petroleum based or not per liter and kilogram respectively, volume capacity or weight
January 1, 2020 (per liter)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Locally produced or imported oils previously taxed but subsequently reprocessed, re-refined, recycled, per liter and kilogram of volume capacity or weight
January 1, 2020 (per liter)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Processed gas, per liter of volume capacity
January 1, 2020 (per liter)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Waxes and petrolatum per kilogram
January 1, 2020 (per kilogram)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Denatured alcohol to be used for motive power, per liter of volume capacity
January 1, 2020 (per liter)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Asphalts, per kilogram
January 1, 2020 (per kilogram)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Naphtha, regular gasoline, pyrolysis gasoline and other similar products of distillation, per liter of volume capacity
January 1, 2020 (per liter)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Unleaded premium gasoline, per liter of volume capacity
January 1, 2020 (per liter)
₱10.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Kerosene, per liter of volume capacity
January 1, 2020 (per liter)
₱5.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Aviation turbo jet fuel, aviation gas, per liter of volume capacity
January 1, 2020 (per liter)
₱4.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Kerosene, when used as aviation fuel, per liter of
volume capacity
January 1, 2020 (per liter)
₱4.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Diesel fuel oil, and on similar fuel oils having more or less the same generating power, per liter of volume capacity
January 1, 2020 (per liter)
₱6.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Liquefied petroleum gas (LPG) used for motive power, per kilogram
January 1, 2020 (per kilogram)
₱6.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Bunker fuel oil, and on similar oils having more or less the same generating power, per liter of volume capacity
January 1, 2020 (per liter)
₱6.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Petroleum coke, per metric ton
January 1, 2020 (per MT)
₱6.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Liquefied petroleum gas (LPG), per kilogram
January 1, 2020 (per kilogram)
₱3.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Naphtha and pyrolysis gasoline, when used as a raw material in the production of petrochemical products or in the refining of petroleum products, or as replacement fuel for natural-gas-fired-combined cycle power plant, in lieu of locally-extracted natural gas during the non- availability thereof, per liter of volume capacity
January 1, 2020 (per liter)
₱0.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Liquefied petroleum gas (LPG), when used as raw material in the production of petrochemical products, per kilogram
January 1, 2020 (per liter)
₱0.00
%Excise Tax Petroleum Products (Specific Tax) – Section 148 of NIRC
Petroleum coke, when used as feedstock to any power generating facility, per metric ton
January 1, 2020
₱0.00
