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BOC, BIR to start field testing of fuel products on April 26

(MARK BALMORES / FILE PHOTO) This, as the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) announced Thursday, April 8, their intention to begin field testing on gasoline, diesel, and kerosene in warehouses, storage tanks, gas stations, and other retail outlets beginning April 26. Vessels, tank trucks, and similar fuel transporting vehicles will also be covered by the enforcement activities. The inspection aims to check whether or not the petroleum products contain the required ...
Marking Program Bureau Of Customs Bureau Of Internal Revenue Internal Revenue Tax Reform Fuel Marking Program
Source: mb.com.ph

Customs completes 89 percent of 2020 priority programs

(MANILA BULLETIN FILE PHOTO) The long-term priority programs includes the full automation of frontline transactions, improvement of risk management system, implementation of customs modernization program, ISO certification of customs offices and PGS compliance, enhancement of trade facilitation, rationalization of penalty regime, filling-up of vacant plantilla positions, enhancement of management and technical skills, enhancement of stakeholder engagement and intensification of border protectio...
Manila International Philippines General Batangas City Rey Leonardo Guerrero Point Priority Program Marking Program
Source: mb.com.ph

17.55 B liters of fuel marked under Fuel Marking Program in 2020

Published January 16, 2021, 2:40 PM More than 17 billion liters of fuel were marked in 2020 under the Fuel Marking Program, a drive to curb fuel smuggling in the country, the Bureau of Customs said. A total of 17.55 billion liters of petroleum products from various fuel companies in the country were marked from Sept. 4, 2019 to Dec. 31, 2020.  According to the bureau, this is equivalent to P147.78 billion and P23.94 billion of duties and taxes collected by the Customs bureau and the Bureau of ...
United States Philippines General Insular Oil Chevron Philippines Inc Marking Program Bureau Of Internal Revenue
Source: mb.com.ph

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