Excise holiday for LPG, kerosene over – BIR

MANILA, Philippines — The three-month suspension of excise on kerosene and liquefied petroleum gas (LPG) has officially been lifted after the average Dubai crude oil price fell below the $80-per-barrel threshold, triggering the automatic reinstatement of the tax. In a statement on Wednesday, the Bureau of Internal Revenue (BIR) said the Department of Energy (DOE)

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