LPG and Kerosene Prices to Rise as Tax Holiday Ends
The Bureau of Internal Revenue (BIR) has lifted the excise tax holiday on LPG and kerosene, which is expected to lead to an increase in their prices.
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Tax breaks on kerosene, LPG end. How will this affect prices?
For consumers, the excise tax suspension had meant direct savings of around P5.65 per liter of kerosene and almost P37 for an LPG tank
By Lance Spencer Yu
Read full article →Excise holiday for LPG, kerosene over – BIR
MANILA, Philippines — The three-month suspension of excise on kerosene and liquefied petroleum gas (LPG) has officially been lifted after the average Dubai crude oil price fell below the $80-per-barrel threshold, triggering the automatic reinstatement of the tax. In a statement on Wednesday, the Bureau of Internal Revenue (BIR) said the Department of Energy (DOE)
By cbuban
Read full article →LPG prices to rise after BIR lifts tax holiday
Prices of liquefied petroleum gas are set to rise by P3 per kilo on July 13 after the Bureau of Internal Revenue (BIR) resumed collection of excise tax for LPG and kerosene.
By EJ Macababbad
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