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) ...