Republic Act No. 6965






Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:


Section 1.  Section 145 of the National Internal Revenue Code, as amended by Republic Act Numbered Sixty Seven Hundred Sixty Seven, is hereby further amended to read as follows:


“SEC. 145.  Manufactured Oils and Other Fuels.  – There shall be collected on refined and manufactured mineral oils and motor fuels, the following specific taxes which shall attach to the goods hereunder enumerated as soon as they are in existence as such: 


“(1) Lubricating oils and greases including but not limited to base stock for lube oils and greases, high vacuum distillates, aromatic extracts and other similar preparations, and additives for lubricating oils and greases whether such additives are petroleum based or not, per liter of volume capacity, Four pesos and fifty centavos (P 4.50):  Provided, however, That the specific taxes paid on the purchased feedstock (bunker) used in the manufacture of excisable articles and forming part thereof shall be credited against the specific tax due therefrom:  Provided, further, That lubricating oils and greases produced from base stocks and additives on which the specific tax has already been paid shall no longer be subject to specific tax;


“(2) Processed gas, per liter of volume capacity, Five centavos (P 0.05); 


“(3) Waxes and petrolatum, per kilogram, Three pesos and fifty centavos (P 3.50);


“(4) On denatured alcohol to be used for motive power, per liter of volume capacity, Five centavos (P 0.05):  Provided, That unless otherwise provided by special laws, if the denatured alcohol is mixed with gasoline, the specific tax on which has already been paid, only the alcohol content shall be subject to the tax herein prescribed.  For purposes of this subsection, the removal of the denatured alcohol of not less than one hundred eighty degrees proof (ninety percent absolute alcohol) shall be deemed to have been removed for motive power, unless shown otherwise; 


“(5) Naphtha, regular gasoline and other similar products of distillation, per liter of volume capacity, Two pesos and twenty-eight centavos (P 2.28);


“(6) Premium gasoline, per liter of volume capacity, Two pesos and fifty-two centavos (P 2.52);


“(7) Aviation turbo jet fuel, per liter of volume capacity, Two pesos and thirty-eight centavos (P 2.38);


“(8) Kerosene, per liter of volume capacity, Fifty centavos (P 0.50); 


“(9) Diesel fuel oil, and on similar fuel oils having more or less the same generating power, per liter of volume capacity, Forty-five centavos (P 0.45);


“(10) Liquefied petroleum, per liter, zero (P 0.00):  Provided, That liquefied petroleum gas used for motive power shall be taxed at the equivalent rate as the specific tax on diesel fuel oil; 


“(11) Asphalts, per kilogram, Fifty-six centavos (P 0.56); 


“(12) Bunker fuel oil, and on similar fuel oils having mere or less the same generating power, per liter of volume capacity, zero (P 0.00); and 


“(13) Naphtha, when used as a raw material in the production of petrochemical products, per liter of volume capacity, zero (P 0.00):  Provided, That naphtha processed by domestic refineries, if available as determined by the Energy Regulatory Board, shall be utilized before any naphtha may be imported for this purpose:  Provided, further, That the by-product including fuel oil, diesel fuel, kerosene, pyrolysis gasoline, liquefied petroleum gases and similar oils having more or less the same generating power, which are produced in the processing of naphtha into petrochemical products shall be subject to the applicable specific tax specified in this section, except when such by-products are transferred to any of the local oil refineries through sale, barter, or exchange, for the purpose of further processing or blending into finished products which are subject to specific tax under this section.”


Sec. 2.  All laws, decrees, executive orders, issuances, rules and regulations, or any part thereof, which are inconsistent with the provisions of this Act are hereby repealed or modified accordingly. 


Sec. 3.  This Act shall take effect upon its approval.


Approved, September 19, 1990


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