Philippines suspends LPG, kerosene excise over Mideast war
- MANILA: The Philippines temporarily suspended excise duties on petroleum products used for cooking, the presidential palace said on Friday (Sep 25), as it struggles to deal with soaring fuel costs from the Middle East war.
- The temporary suspension covers liquefied petroleum gas (LPG), the country's main fuel for cooking, as well as kerosene, according to an executive order released to the media on Friday.
- "The excise taxes on LPG, except when used as a raw material for production of petrochemical products or used for motive power, and kerosene, except when used as aviation fuel, are hereby fully
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- MANILA: The Philippines temporarily suspended excise duties on petroleum products used for cooking, the presidential palace said on Friday (Sep 25), as it struggles to deal with soaring fuel costs from the Middle East war.
- The temporary suspension covers liquefied petroleum gas (LPG), the country's main fuel for cooking, as well as kerosene, according to an executive order released to the media on Friday.
- "The excise taxes on LPG, except when used as a raw material for production of petrochemical products or used for motive power, and kerosene, except when used as aviation fuel, are hereby fully
Sources: CNA