
Philippine President Marcos Suspends Excise Tax on Kerosene, LPG and Waives Food Import Tariffs
President Ferdinand Marcos Jr. has announced the suspension of excise taxes on kerosene and liquefied petroleum gas (LPG) to alleviate fuel costs, alongside waiving tariffs on food imports to help manage rising prices.
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Marcos announces removal of excise on LPG, kerosene
MANILA, Philippines — President Ferdinand R. Marcos Jr. on Monday announced the removal of excise tax on petroleum products, particularly on liquefied petroleum gas (LPG) and kerosene. He made the announcement in a press conference in Malacanang.
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Read full article →Marcos suspends excise tax on kerosene, LPG; waives tariff on food imports
President lifts excise taxes on LPG and kerosene to ease fuel costs.
By Jean Mangaluz
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