Excise tax on LPG, kerosene removed

Excise tax on LPG, kerosene removed

UPDATE) PRESIDENT Ferdinand Marcos Jr. will meet with members of his Cabinet today to discuss how to ease the burden of rising gasoline and diesel prices on consumers, after suspending excise taxes on liquefied petroleum gas (LPG) and kerosene on Monday.In a briefing in Malacañang, Marcos said he would meet the interagency body tasked to ensure the stability of essential goods and services during an energy emergency to discuss if the same would be done for gasoline and diesel.The removal of the excise tax on LPG would be equivalent to a reduction of P3.36 per kilogram for LPG and P5.60 per liter of kerosene…

https://www.manilatimes.net/2026/04/14/news/national/excise-tax-on-lpg-kerosene-removed/2318855