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PRESIDENTIAL DECREE NO. 1917
PRESIDENTIAL DECREE NO. 1917 -
AMENDING SectionS 153, 155 AND 156 OF TITLE IV (SPECIFIC TAX) OF THE
NATIONAL INTERNAL REVENUE CODE, AS AMENDED
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WHEREAS,
the need for a cutback in the volume of crude oil imports has made it
imperative that stringent measures to conserve fuel and avoid wasteful
consumption thereof be adopted;chanroblesvirtualawlibrary
WHEREAS, one of the most effective measures of fuel and energy
conservation is the restructuring of the prices of refined petroleum
products;chanroblesvirtualawlibrary
WHEREAS, in order to correct the demand imbalance it is necessary to
reshape the consumption on oil products by realigning the tax component
of the price of refined petroleum products; chanroblesvirtualawlibrary
WHEREAS, the revision of the specific tax rates on these products will
generate additional revenue to support the economic programs of the
government. chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order and decree the following:cralaw:red
Section 1. Sections 153, 155 and 156 of the National
Internal Revenue Code as amended are hereby further amended to read as
follows:cralaw:red
"Sec. 153. Specific tax on manufactured oil and other
fuels. — On refine and manufactured mineral oils and motor fuels, there
shall be collected the following taxes which shall attach to the
articles hereunder enumerated as soon as they are in existence as such:cralaw:red
(a) Kerosene, per liter of volume capacity, thirty
two and three-fourth centavos;chanroblesvirtualawlibrary
(b) Lubricating oils, per liter of volume capacity,
one peso and fifty centavos;chanroblesvirtualawlibrary
(c) Naptha, regular gasoline and all other similar
products of distillation, per liter of volume capacity, one peso and
sixty-six and one fourth centavos; Provided, That on premium and
aviation gasoline, the tax shall be one peso and fifty-four and one
fourth centavos, per liter of volume capacity; chanroblesvirtualawlibrary
(d) On denatured alcohol to be used for motive power,
per liter of volume capacity, one centavo; Provided, That unless
otherwise provided for by special laws, if the denatured alcohol is
mixed with gasoline, the specific tax on which has already been paid,
only the alcohol content shall be subject to the tax herein prescribed.
For the purposes of this subsection, the removal of denatured alcohol
of not less than one hundred eighty degrees proof (ninety per centum
absolute alcohol) shall be deemed to have been removed for motive
power, unless shown to the contrary;chanroblesvirtualawlibrary
(e) Processed gas, per liter of volume capacity, four
and one-half centavos;chanroblesvirtualawlibrary
(f) Thinners and solvents, per liter of volume
capacity, ninety-one and one-half centavos;chanroblesvirtualawlibrary
(g) Liquefied petroleum gas, per kilogram,
eighty-five centavos: Provided, That liquefied petroleum gas used for
motive power shall be taxed at the equivalent rate as the specific tax
on diesel fuel oil;chanroblesvirtualawlibrary
(h) Asphalts, per kilogram, forty-six centavos;chanroblesvirtualawlibrary
(i) Greases, waxes and petrolatum, per kilogram,
eighty centavos; and
(j) Aviation turbo jet fuel, per liter of volume
capacity one peso and twenty-three centavos.
"Sec. 155. Specific tax on bunker fuel oil. — On fuel
oil, commercially known as bunker fuel oil, and on all similar fuel
oils, having more less the same generating power, there shall be
collect per liter of volume capacity, thirty-three and one-half
centavos which tax shall attached to this fuel oil as soon as it is in
existence as such. chanroblesvirtualawlibrary
"Sec. 156. Specific tax on diesel fuel oil. — On fuel
oil, commercially known as diesel fuel oil, and on all similar fuel
oils, having more or less the same generating power, per liter of
volume capacity, fifty seven and one-half centavos, which tax shall
attach to this fuel oil as soon as it is in existence as such.
Section 2. This Decree shall take effect on May 17,
1984.
Done in the City of Manila,
this 10th day of April in the Year of Our Lord, Nineteen Hundred and
Eighty-Four.
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