Continued Tax and Duty Free Importation of Petroleum Products
Letter of Instructions No. 839, issued on March 31, 1979, continues to exempt the importation of liquefied petroleum gas, motor gasoline, naphtha, natural gas liquids, diesel fuel, and kerosene from Customs duties and other importation taxes due to an ongoing fuel supply emergency in the Philippines. Despite recent adjustments in domestic refined petroleum prices, they remain insufficient to counteract the high spot prices of crude oil and refined products. This exemption applies to authorized individuals and entities until the President, based on the Minister of Energy's recommendation, determines that the supply emergency has ended. The directive is effective immediately.
Quick Answers
- What is Continued Tax and Duty Free Importation of Petroleum Products about?
- Letter of Instructions No. 839, issued on March 31, 1979, continues to exempt the importation of liquefied petroleum gas, motor gasoline, naphtha, natural gas liquids, diesel fuel, and kerosene from Customs duties and other importation taxes due to an ongoing fuel supply emergency in the Philippines. Despite recent adjustments in domestic refined petroleum prices, they remain insufficient to counteract the high spot prices of crude oil and refined products. This exemption applies to authorized individuals and entities until the President, based on the Minister of Energy's recommendation, determines that the supply emergency has ended. The directive is effective immediately.
- What type of law is Letter of Instructions No. 839?
- Continued Tax and Duty Free Importation of Petroleum Products (Letter of Instructions No. 839) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Continued Tax and Duty Free Importation of Petroleum Products enacted?
- Continued Tax and Duty Free Importation of Petroleum Products (Letter of Instructions No. 839) was enacted on Mar 31, 1979.
- What is the citation for Continued Tax and Duty Free Importation of Petroleum Products?
- Continued Tax and Duty Free Importation of Petroleum Products, Letter of Instructions No. 839, Mar 31, 1979 (Philippines)
Law Information
- Reference Number
- Letter of Instructions No. 839
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 31, 1979
LETTER OF INSTRUCTIONS NO. 839
| TO | : | Minister of Energy |
| Minister of Finance |
Under Presidential Decree Nos. 1609 and 1610, the importation of liquefied petroleum gas, motor gasoline, naphtha and natural gas liquids was exempted from Customs duties and other importation taxes and charges in view of the fuel supply emergency. cd
Presently, this emergency still subsists and the country is constrained to procure its fuel requirements at spot prices which are prohibitive and much higher than the official OPEC quotations.
While it is true that domestic prices of refined petroleum products have recently been adjusted, the adjustments were insufficient to offset the impact of the higher spot prices of both crude oil and refined petroleum products.
Accordingly, as conceived in P.D. No. 1610, whereby the tax and duty free importation of petroleum products, the supply of which becomes critical during the emergency period, may be allowed, it is hereby directed that notwithstanding the recent adjustments of the domestic prices of refined petroleum products, the importation of liquefied petroleum gas, motor gasoline, naphtha and natural gas liquids by persons or entities duly authorized by the Bureau of Energy Utilization shall continue to be free from Customs duties and other importation taxes and charges for the duration of the present supply emergency. Moreover, the importation of diesel fuel as well as kerosene shall be similarly exempt from these import duties and charges as of this date in view of the fact that the supply of these products has become critical.
Such duty free importation shall continue until the President of the Philippines, upon recommendation of the Minister of Energy, shall have determined that the supply emergency has ceased.
This Letter of Instructions shall take effect immediately.
DONE in the City of Manila, this 31st day of March, in the year of Our Lord, Nineteen Hundred and Seventy-Nine.
Cite This Law
Continued Tax and Duty Free Importation of Petroleum Products, Letter of Instructions No. 839, Mar 31, 1979 (Philippines)
Continued Tax and Duty Free Importation of Petroleum Products, Letter of Instructions No. 839 (Phil. 1979)
Related Laws
- Tax and Duty Free Importation of Petroleum Products by the PNOCLetter of Instructions No. 837 • Mar 31, 1979 • Presidential Issuances
- Duty-Free Importation of Certain Finished Petroleum Products for a Limited PeriodPresidential Decree No. 333 • Nov 9, 1973 • Presidential Issuances
- Allowing Duty-Free Importation of Liquefied Petroleum Gas by the PNOCLetter of Instructions No. 360 • Jan 9, 1976 • Presidential Issuances
- Lifting the Tax and Duty Exemptions Granted to Certain Imported Petroleum ProductsLetter of Instructions No. 1068 • Sep 23, 1980 • Presidential Issuances
- Limitation of Tax-Free Purchase of Petroleum Products by the AFP-CES for ResaleLetter of Instructions No. 847 • Apr 18, 1979 • Presidential Issuances
- Reduction of Rates of Import Duty on Crude Petroleum Oils and Refined Petroleum ProductsExecutive Order No. 440 • Jun 29, 2005 • Presidential Issuances
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