The Department of Energy (DOE) visited the various fuel retail outlets over four days this month to ensure the proper implementation of the second tranche of excise tax on petroleum products under the Tax Reform for Acceleration and Inclusion (TRAIN) Law.
We are vigilantly monitoring the implementation of the TRAIN Law so that our consumers will be amply protected
According to Energy Secretary Alfonso G. Cusi, the impact of the visitations is important because “the second tranche of fuel excise tax will fund crucial infrastructure projects and poverty alleviation programs needed to strengthen our ability to compete globally.”
Validation teams from the DOE-Oil Industry Management Bureau visited a total of 22 ROs across Quezon City, Caloocan and Malabon that have implemented the second tranche of excise tax adjustments earlier this month.
DOE field offices also conducted validation activities, with 57 ROs visited by the Luzon Field Office, 7 by the Visayas Field Office, and 29 by the Mindanao Field Office.
Three decades after the Marcopper mining disaster devastated Marinduque’s waterways, the province is again pressing the…
Housing is probably the biggest issue affecting people the world over.
Malacañang on Monday called for a more thorough investigation into the questioned flood control projects in Taguig…
The defense on Monday backed the move by senator-judges to exclude a prosecution witness who testified on the firearms…
The DOE teams compared the copies of depot-issued delivery receipts and sales invoices with the official receipts being issued by the ROs to determine the specific excise implementation dates and verify that the outlets are imposing the correct excise tax rates.
The DOE teams likewise checked RO compliance in clearly displaying the one square-meter signs informing consumers of the implementation date of the additional excise tax and the petroleum products that are covered.
Further, show cause orders (SCOs) were served, directing the ROs to explain in writing and under oath their early implementation of the second tranche and to submit all the supporting documents that would substantiate the validity of the imposition.
The DOE is set to conduct a second round of validation activities in the coming days and a full report will be released once all the data have been consolidated.
As of 17 January 2019, 1,639 ROs or 19 percent of the 8,630 ROs nationwide already implement the second tranche of fuel excise tax adjustments.
“We are vigilantly monitoring the implementation of the TRAIN Law so that our consumers will be amply protected,” Cusi said.