Article 60p. 60

NATIONAL INTERNAL REVENUE CODE TAXATION, TARIFF and CUSTOMS LAWS

petrochemical

products

shall

be

subject

to

the

applicable excise tax specified in this Section, except

when such by-products are transferred to any of the

local oil refineries through sale, barter or exchange,

for the purpose of further processing or blending into

finished products which are subject to excise tax

under this Section;

(f) Unleaded premium gasoline, per liter of volume

capacity, Nine pesos (P9.00);

(g) Aviation turbo jet fuel, aviation gas, per liter of

volume capacity, Four pesos (P4.00);

(h) Kerosene, per liter of volume capacity, Four pesos

(P4.00):

Provided ,

That

kerosene,

when

used

as

aviation fuel, shall be subject to the same tax on

aviation turbo jet fuel under the preceding paragraph

(g), such tax to be assessed on the user thereof;

(i) Diesel fuel oil, and on similar fuel oils having more

or less the same generating power, per liter of volume

capacity, Four pesos and fifty centavos (P4.50);

(j) Liquefied petroleum gas, per kilogram, Two pesos

(P2.00): Provided , That liquefied petroleum gas when

used

as

raw

material

in

the

production

of

petrochemical products, subject to the rules and

regulations to be promulgated by the Secretary of

Finance, per kilogram, zero (P0.00): Provided, finally ,

That liquefied petroleum gas used for motive power

shall be taxed at the equivalent rate as the excise tax

on diesel fuel oil;

(k) Asphalts, per kilogram, Nine pesos (P9.00);

(l) Bunker fuel oil, and on similar fuel oils having more

or less the same generating power, per liter of volume

capacity,

Four

pesos

and

fifty

centavos

(P4.50):

Provided, however, That the excise taxes paid on the

purchased

basestock

(bunker)

used

in

the

manufacture of excisable articles and forming part

thereof shall be credited against the excise tax due

therefrom; and

(m) Petroleum coke, per metric ton, Four pesos and

fifty

centavos

(P4.50):

Provided,

however,

That,

petroleum coke, when used as feedstock to any

power generating facility, per metric ton, zero (P0.00).

Effective January 1, 2020

(a) Lubricating oils and greases, including but not

limited to, basestock for lube oils and greases, high

vacuum

distillates,

aromatic

extracts

and

other

similar preparations, and additives for lubricating oils

and greases, whether such additives are petroleum

based or not, per liter and kilogram, respectively, of

volume

capacity

or

weight,

Ten

pesos

(P10.00):

Provided , That lubricating oils and greases produced

from basestocks and additives on which the excise

tax has already been paid shall no longer be subject

to excise tax: Provided, further, That locally produced

or imported oils previously taxed as such but are

subsequently reprocessed, rerefined or recycled shall

likewise be subject to the tax imposed under this

subsection.

(b) Processed gas, per liter of volume capacity, Ten

pesos (P10.00);

(c) Waxes and petrolatum, per kilogram, Ten pesos

(P10.00);

(d) On denatured alcohol to be used for motive

power, per liter of volume capacity, Ten pesos (P10.00):

Provided , That unless otherwise provided by special

laws, if the denatured alcohol is mixed with gasoline,

the excise tax on which has already been paid, only

the alcohol content shall be subject to the tax herein

prescribed.

For

purposes

of this Subsection, the

removal of denatured alcohol of not less than one

hundred eighty degrees (180º) proof (ninety percent

(90%) absolute alcohol) shall be deemed to have been

removed for motive power, unless shown otherwise;

(e) Naphtha, regular gasoline, pyrolysis gasoline and

other

similar products of distillation, per liter of

volume

capacity,

Ten

pesos

(P10.00): Provided,

however, That naphtha and pyrolysis gasoline, when

used

as

a

raw

material

in

the

production

of

petrochemical

products,

or

in

the

refining

of

petroleum

products

or

as

replacement

fuel

for

natural-gas-fired-combined cycle power plant in lieu

of

locally-extracted

natural

gas

during

the

non-availability

thereof,

subject to the rules and

regulations to be promulgated by the Secretary of

Finance,

per

liter

of

volume

capacity,

zero

(P0.00): Provided,

further,

That

the

production

of

petroleum

products,

whether

or

not

they

are

classified as products of distillation and for use solely

for the production of gasoline shall be exempt from

excise

tax: Provided, finally, That the by-product

including

fuel

oil,

diesel

fuel, kerosene, pyrolysis

gasoline, liquefied petroleum gases and similar oils

having more or less the same generating power,

which are produced in the processing of naphtha into

petrochemical

products

shall

be

subject

to

the

applicable excise tax specified in this Section, except

when such by-products are transferred to any of the

local oil refineries through sale, barter or exchange,

for the purpose of further processing or blending into

finished products which are subject to excise tax

under this Section;

(f) Unleaded premium gasoline, per liter of volume

capacity, Ten pesos (P10.00);

(g) Aviation turbo jet fuel, aviation gas, per liter of

volume capacity, Four pesos (P4.00);

(h) Kerosene, per liter of volume capacity, Five pesos

(P5.00):

Provided ,

That

kerosene,

when

used

as

aviation fuel, shall be subject to the same tax on

aviation turbo jet fuel under the preceding paragraph

(g), such tax to be assessed on the user thereof;

(i) Diesel fuel oil, and on similar fuel oils having more

or less the same generating power, per liter of volume

capacity, Six pesos (P6.00);

(j)

Liquefied petroleum gas, per kilogram, Three

pesos (P3.00): Provided , That liquefied petroleum gas

when used as raw material in the production of

petrochemical products, subject to the rules and

regulations to be promulgated by the Secretary of

Finance, per kilogram, zero (P0.00): Provided, finally,

That liquefied petroleum gas used for motive power

shall be taxed at the equivalent rate as the excise tax

on diesel fuel oil;

(k) Asphalts, per kilogram, Ten pesos (P10.00);

(l) Bunker fuel oil, and on similar fuel oils having more

or less the same generating power, per liter of volume

capacity, Six pesos (P6.00): Provided, however, That

the excise taxes paid on the purchased basestock

(bunker) used in the manufacture of excisable articles

and forming part thereof shall be credited against the

excise tax due therefrom; and

(m) Petroleum coke, per metric ton, Six pesos (P6.00):

Provided, however, That, petroleum coke, when used

as feedstock to any power generating facility, per

metric ton, zero (P0.00).

Petroleum products, including naphtha, LPG, petroleum

coke, refinery fuel and other products of distillation, when

used as input, feedstock or as raw material in the

manufacturing

of

petrochemical products, or in the

refining of petroleum products, or as replacement fuel for

natural-gas-fired-combined cycle power plant in lieu of

locally-extracted natural gas during the non-availability

thereof,

subject

to

the rules and regulations to be

promulgated by the Secretary of Finance, per liter of

volume

capacity,

zero

(P0.00);

Provided ,

That

the

by-product

including

fuel

oil,

diesel

fuel,

kerosene,

pyrolysis gasoline, liquefied petroleum gases, and similar

oils having more or less the same generating power,

which are produced in the processing of naphtha into

petrochemical products shall be subject to the applicable

excise tax specified in this Section, except when such

by-products

are

transferred

to

any

of

the

local

oil

© Compiled by RGL

60 of 201