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State fuel marking generates P178.8B

Bulk or 61.22 percent of the fuels marked were diesel, followed by gasoline with 38.25 percent and kerosene with 0.53 percent.

Joshua Lao

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The government’s fuel marking program has already marked 18.29 billion liters of fuel, reflecting a combined income of P178.8 billion for both the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BoC).

The BIR accounted for P24.37 billion of the overall figure, representing its collections for such during the December 2019 to 7 January 2021 period.

The BoC, meanwhile, managed to raise P154.43 billion from the September 2019 to 14 January 2021 period.

Bulk or 61.22 percent of the fuels marked were diesel, followed by gasoline with 38.25 percent and kerosene with 0.53 percent.

In terms of area, Luzon took the highest concentration of marked fuels with 74.06 percent while Mindanao and the Visayas accounted for the remaining 20.94 and 5 percent respectively.

Seized contraband
In a separate development, smuggling operations remained evident amid the pandemic as the BoC reported a hefty sum of P9.74 billion worth of smuggled goods apprehended for the full year 2020.

Still, the agency noted that over half of the seized goods were illicit tobacco products amounting to P5.21 billion.

In his report to the Department of Finance (DoF), Customs commissioner Rey Leonardo Guerrero said they will confiscate a variety of illicit products in 2021, including personal protective equipment (PPE), electronic goods and other counterfeit items.

“For the anti-smuggling effort of the BoC, the consolidated estimated value of seized shipments last year is P9.74 billion, of which P5.21 billion are from seizures of cigarettes and tobacco, P1.85 billion are from drugs seized and P1.02 billion from counterfeit items,” Guerrero said.

While at it, the BoC chief noted that various types of currencies amounting to P32.59 million were likewise seized by the bureau in 2020.

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