Gov’t lifts excise tax suspension on LPG, kerosene

MANILA – The Bureau of Internal Revenue (BIR) on Wednesday said the excise tax rates on kerosene and liquefied petroleum gas (LPG) will return to the rates prescribed under the National Internal Revenue Code, following the drop in Dubai crude oil prices. In a statement, BIR advised all concerned manufacturers, importers, petroleum product companies, taxpayers, and

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