Page 3 - Fuel Marking Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(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 fuel marker level. Those found without the official fuel marker or not containing the required leve...

(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 protection. This set of programs is in line with the agency’s mission to strengthen the country’s border ...

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 Internal Revenue (BIR). “For 2020 alone, 15.69 billion liters of fuel were marked equivalent to P1...