Tax and Duty Free Importation of Petroleum Products by the PNOC
On March 31, 1979, Letter of Instructions No. 837 authorized the Philippine National Oil Company (PNOC) to import fuel oil free from customs duties and import taxes. This directive, issued under Presidential Decree No. 1610, allows such importation during a critical petroleum supply emergency, as recommended by the Minister of Energy. The measure aims to address the ongoing fuel oil shortage in the country. The instructions took effect immediately upon issuance.
Law Information
- Reference Number
- Letter of Instructions No. 837
- 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. 837
| TO | : | The Minister of Finance |
| The Minister of Energy | ||
| The Chairman, Philippine National Oil Company |
Under Presidential Decree No. 1610, the tax and duty free importation of petroleum products, the supply of which becomes critical during the petroleum product supply emergency, may be directed by the President upon recommendation of the Minister of Energy.
Since the emergency still subsists and the supply of fuel oil is critical, it is hereby directed that the Philippine National Oil Company (PNOC) shall import, upon prior clearance of the Bureau of Energy Utilization, fuel oil free from Customs duties and all other importation taxes and charges, such volumes of fuel oil as may be necessary to alleviate the fuel oil supply shortage in the country. aisa dc
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
Tax and Duty Free Importation of Petroleum Products by the PNOC, Letter of Instructions No. 837, Mar 31, 1979 (Philippines)
Tax and Duty Free Importation of Petroleum Products by the PNOC, Letter of Instructions No. 837 (Phil. 1979)
Related Laws
- Continued Tax and Duty Free Importation of Petroleum ProductsLetter of Instructions No. 839 • Mar 31, 1979 • Presidential Issuances
- Allowing Duty-Free Importation of Liquefied Petroleum Gas by the PNOCLetter of Instructions No. 360 • Jan 9, 1976 • Presidential Issuances
- Duty-Free Importation of Certain Finished Petroleum Products for a Limited PeriodPresidential Decree No. 333 • Nov 9, 1973 • 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
- Lifting the Tax and Duty Exemptions Granted to Certain Imported Petroleum ProductsLetter of Instructions No. 1068 • Sep 23, 1980 • Presidential Issuances
- Release to PNOC of Funds for Spot Purchase of Diesel Oil and Naphta from KuwaitLetter of Instructions No. 848 • Apr 18, 1979 • Presidential Issuances
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