Publishing the Revised Ad Valorem Taxes on Certain Petroleum Products as a Result of the Change in Company Netback per Energy Regulatory Board Resolution No. 90-03 Dated April 16, 1990
Revenue Memorandum Circular No. 036-90 • Bureau of Internal Revenue (BIR) Issuances • Revenue Memorandum Circulars • Apr 23, 1990
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April 23, 1990 REVENUE MEMORANDUM CIRCULAR NO. 036-90 SUBJECT : Publishing the Revised Ad Valorem Taxes on Certain Petroleum Products as a Result of the Change in Company Netback per Energy Regulatory Board Resolution No. 90-03 Dated April 16, 1990 TO : All Internal Revenue Officers and Others Concerned For the information and guidance of all concerned, published hereunder are the new ad valorem taxes on the following petroleum products effective 12:01 A.M., March 1, 1990. cdt PESO/LITER Products Previous Tax Present Tax Difference Premium/Avgas P3.4035 P3.6583 P0.2548 Regular Gasoline 3.0860 3.3486 0.2626 Avturbo 4.0397 3.9947 (0.0450) Kerosene 1.3984 1.3857 (0.0127) Diesel Fuel Oil 1.2599 1.3371 0.0772 Fuel Oil (Bunker) LPG 0.9351 1.0817 0.1466 or 1.6729/kg. or 1.9352/kg. 0.2623 Asphalts 0.8951/kg. 0.9404/kg. 0.0453 Thinners 1.1131 1.2001 0.0870 All internal revenue officers and other concerned are enjoined to be guided accordingly and to give this circular as wide a publicity as possible. casia JOSE U. ONG Commissioner of Internal Revenue
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