Petroleum Products Flashcards
Petroleum products with Php10.00/kg rate
GrAsWap
A. Greases P10.00/kg
C. Waxes and Petrolatum P10.00/kg
K. Asphalts P10.00/kg
FORMULA:
ET = TOTAL KILOGRAMS x P10.00
Petroleum products with P10.00/L rate
PLUND
A. Lubricating Oil P10.00/l
B. Processed Gas P10.00/l
D. Denatured Alcohol P10.00/l
E. Naphtha and Regular Gasoline P10.00/l
F. Unleaded Premium Gasoline P10.00/l
ET = TOTAL LITERS x P10.00
Petroleum products with P6.00/L rate
I. Diesel Fuel Oil P6.00/l
L. Bunker Fuel Oil P6.00/l
ET = TOTAL LITERS x P6.00
Petroleum products with P4.00/L rate
G. Aviation Jet Fuel/Gas P4.00/l
H. Kerosene P4.00/l
(if used as aviation fuel)
ET = TOTAL LITERS x P4.00
Petroleum products with P5.00/L rate
H. Kerosene P5.00/L
(For general use) ( Stove, Heaters, lamp, central heating system in house)
What are the rates of LPG on different uses?
J. Liquefied Petroleum Gas P3.00/kg
(For general use)
J. Liquefied Petroleum Gas P6.00/kg
(if used for motive power)
ET = TOTAL KILOGRAMS x P3.00
ET = TOTAL KILOGRAMS x P6.00
Petroleum products with P6.00/MT rate
M. Petroleum Coke P6.00/MT
ET = TOTAL METRIC TONS x P6.00
The following have P0.00 excise tax rates:
NapLiPet
a) Naphtha and pyrolysis gasoline, when used as a raw material in the production
of petrochemical products or refining petroleum products or as a replacement
fuel for natural-gas-fired-combined cycle power plant.
b) Liquefied petroleum gas, when used as raw material in the production of
petrochemical products.
c) Petroleum coke, when used as feedstock to any power generating facility.
Fuel Marking Fee for Gasoline
FMF= Declared Volume (total liters) x 110% x 0.06884
Fuel Marking Fee for Diesel
FMF= Declared Volume (total liters) x 102% x 0.06884
Fuel Marking Fee for Kerosene
FMF= Declared Volume (total liters) x 0.06884
