Field tests for the government's fuel marking program start in February. The government said it will start field tests for all petroleum products in the market next year. Those caught without the prescribed fuel markers will be penalized for failing to pay taxes.
The Tax Reform for Acceleration and Inclusion Act that took effect on Jan. 1, 2018 required fuel marking just as the law raised the excise taxes on oil products by 4.50 per liter. "By February 3, 2020, all gasoline, diesel and kerosene are expected to be marked completely," the agencies said in a statement."Simultaneously, BOC and BIR personnel shall commence field testing activities and impose penalties, as necessary, for oil companies proven to have unmarked, adulterated and/or diluted fuel."conducted by Customs officials at the Seaoil Bulk Terminal in Mabini, Batangas on August 2, 2019.
The BOC said only petroleum products for domestic consumption and with proof of payment of taxes will be marked by the joint venture of Switzerland-based SICPA SA and SGS Philippines, which has been tapped as the provider of the service.
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