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Philippine Standard Time:
17 June 2024, 03:23 AM

BOC marks 17.04-B liters of fuel, collects P165.96-B Taxes for 2021

January 24, 2022

Now on its third year of implementation, the Bureau of Customs (BOC) marked 17,0336,061,436 liters of gasoline, diesel and kerosene and collected taxes amounting to P165.96 billion from January to December 2021 through the continuing implementation of the government’s Fuel Marking Program.

In line with the program’s campaign to address fuel smuggling, the BOC and BIR apprehended a total of 86,888 liters of diesel and kerosene and seized two (2) units of tank trucks carrying unmarked fuel with estimated value of P5.16 million and P7.4 million, respectively. Tanks of eight (8) retail stations were these unmarked fuel were found was likewise sealed and recommended for filing of criminal cases.

Since its implementation in September 2019 to December 2021, the BOC and BIR marked 34.59 billion liters of fuel and generated revenue amounting to P313.98 billion.

Republic of the Philippines

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