BIR suspends excise taxes on LPG, kerosene
The BIR has renewed the suspension of excise taxes on LPG and kerosene following a surge in global crude oil prices above the $80-per-barrel threshold,…
· 2 MIN READ
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Latest Daily Tribune news and analysis on kerosene roll back.
The BIR has renewed the suspension of excise taxes on LPG and kerosene following a surge in global crude oil prices above the $80-per-barrel threshold,…
· 2 MIN READ
Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
· 2 MIN READ
Fuel prices in Baguio City remain mostly stable as of April 30, with minor diesel and gasoline adjustments but a sharp kerosene price spike in select areas.…
· 1 MIN READ
Fuel prices in the Philippines will see mixed movements this week, with gasoline increasing by P0.53 per liter while diesel and kerosene continue their third…
· 2 MIN READ
Excise taxes on LPG and kerosene are temporarily suspended for three months starting 17 April 2026, but — the DoF and BIR, citing minimal expected relief for…
· 2 MIN READ
‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
· 3 MIN READ
Gasoline prices in the Philippines may dip slightly next week, while diesel and kerosene are expected to continue increasing due to global oil market factors.
· 2 MIN READ