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                    [ArticleID] => 253526
                    [Title] => BIR exempts Pilipinas Shell from paying excise tax on raw gasoline components
                    [Summary] => The Bureau of Internal Revenue (BIR) has exempted Pilipinas Shell Petroleum Corp. from paying excise tax on its imports of light catalytically cracked gas (LCCG) and catalytically cracked gas (CCG) that were subjected by the Bureau of Customs (BOC) a levy of P4.35 per liter.


The exemption was made after the BIR handed down its ruling that the questioned imported products are intermediate or raw gasoline components and not finished gasoline products and therefore, not subject to excise tax.


                    [DatePublished] => 2004-06-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1681404
                    [AuthorName] => Rey Arquiza
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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MANUFACTURING PHILS INC

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                    [ArticleID] => 253526
                    [Title] => BIR exempts Pilipinas Shell from paying excise tax on raw gasoline components
                    [Summary] => The Bureau of Internal Revenue (BIR) has exempted Pilipinas Shell Petroleum Corp. from paying excise tax on its imports of light catalytically cracked gas (LCCG) and catalytically cracked gas (CCG) that were subjected by the Bureau of Customs (BOC) a levy of P4.35 per liter.


The exemption was made after the BIR handed down its ruling that the questioned imported products are intermediate or raw gasoline components and not finished gasoline products and therefore, not subject to excise tax.


                    [DatePublished] => 2004-06-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1681404
                    [AuthorName] => Rey Arquiza
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BIR exempts Pilipinas Shell from paying excise tax on raw gasoline components

By Rey Arquiza | June 12, 2004 - 12:00am

The Bureau of Internal Revenue (BIR) has exempted Pilipinas Shell Petroleum Corp. from paying excise tax on its imports of light catalytically cracked gas (LCCG) and catalytically cracked gas (CCG) that were subjected...

Business