Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Bureau > Excise Tax (Petroleum Products) - 2021 > Flashcards

Excise Tax (Petroleum Products) - 2021 Flashcards

1
Q 
%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

A

January 1, 2020 (per liter)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q 
%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

A

January 1, 2020 (per liter)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Processed gas, per liter of volume capacity

A

January 1, 2020 (per liter)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Waxes and petrolatum per kilogram

A

January 1, 2020 (per kilogram)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Denatured alcohol to be used for motive power, per liter of volume capacity

A

January 1, 2020 (per liter)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Asphalts, per kilogram

A

January 1, 2020 (per kilogram)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q 
%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

A

January 1, 2020 (per liter)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Unleaded premium gasoline, per liter of volume capacity

A

January 1, 2020 (per liter)

₱10.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Kerosene, per liter of volume capacity

A

January 1, 2020 (per liter)

₱5.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Aviation turbo jet fuel, aviation gas, per liter of volume capacity

A

January 1, 2020 (per liter)

₱4.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Kerosene, when used as aviation fuel, per liter of
volume capacity

A

January 1, 2020 (per liter)

₱4.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q 
%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

A

January 1, 2020 (per liter)

₱6.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Liquefied petroleum gas (LPG) used for motive power, per kilogram

A

January 1, 2020 (per kilogram)

₱6.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q 
%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

A

January 1, 2020 (per liter)

₱6.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Petroleum coke, per metric ton

A

January 1, 2020 (per MT)

₱6.00

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Liquefied petroleum gas (LPG), per kilogram

A

January 1, 2020 (per kilogram)

₱3.00

17
Q 
%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

A

January 1, 2020 (per liter)

₱0.00

18
Q 
%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

A

January 1, 2020 (per liter)

₱0.00

19
Q 
%Excise Tax
Petroleum Products (Specific Tax) – Section 148 of NIRC

Petroleum coke, when used as feedstock to any power generating facility, per metric ton

A

January 1, 2020

₱0.00

Bureau (24 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions