Gov’t officially suspends excise tax on LPG, kerosene

Gov’t officially suspends excise tax on LPG, kerosene

MANILA, Philippines — President Ferdinand Marcos Jr. on Friday issued Executive Order No. 125, which temporarily suspended the excise on liquefied petroleum gas (LPG) and kerosene to ease the impact of surging fuel prices on consumers. “The excise taxes on LPG, except when used as raw material for the production of petrochemical products or used

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