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Revenue from fuel marking hits ₧367 26B after 2 years

THE government earned P367.26 billion from marking fuel with paid excise taxes since the program started more than two years ago. Data submitted to the Department of Finance showed the Bureau of Customs raked in P337.442 billion in duties and taxes from September 2019 until February 10 this year. Meanwhile,…

Government collects P367 billion from fuel marking program

The government has generated more than P367 billion in taxes by marking petroleum products, strengthening efforts to collect from as many local and imported fuel as possible.

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