17/04/2026
๐๐ข๐, ๐๐๐ฅ ๐๐ฆ๐ฆ๐จ๐ ๐๐จ๐๐๐๐๐๐ก๐๐ฆ ๐๐ข๐ฅ ๐ง๐๐ ๐ฆ๐จ๐ฆ๐ฃ๐๐ก๐ฆ๐๐ข๐ก ๐ข๐ ๐๐ซ๐๐๐ฆ๐ ๐ง๐๐ซ๐๐ฆ ๐ข๐ก ๐๐ฃ๐ ๐๐ก๐ ๐๐๐ฅ๐ข๐ฆ๐๐ก๐
The Department of Finance (DOF), upon the recommendation of the Bureau of Internal Revenue (BIR), issued Revenue Regulations (RR) No. 3-2026 on April 17, 2026, providing the implementing guidelines for the temporary suspension of excise taxes on Liquefied Petroleum Gas (LPG) and kerosene.
The regulations implement Executive Order No. 114 series of 2026, issued by President Ferdinand R. Marcos Jr. on April 16, 2026, entitled โTemporarily Suspending the Excise Taxes on Specific Petroleum Products Pursuant to Section 148 of the National Internal Revenue Code of 1997, as Amended.โ
The RR No. 3-2026 provides that, beginning April 17, 2026, the imposition of excise taxes on Liquefied Petroleum Gas (LPG), except when used as raw material for the production of petrochemical products or for motive power, and on kerosene, except when used as aviation fuel, is fully suspended. The issuance further provides that the temporary suspension shall remain in effect for a period of three months, subject to monthly review by the Development Budget Coordination Committee (DBCC).
The guidelines also direct the BIR and the Bureau of Customs (BOC) to submit to Congress a monthly report on the declared value and volume of the covered petroleum products, based on the Authorities to Release Imported Goods for imported petroleum products and the Official Registry Books of manufacturers for locally produced petroleum products, or Customs Entries filed in the E2M System, as applicable. They also specify the documentary requirements for importers and manufacturers of the covered products, stock inventory requirements, and penalties for violations.
BIR Commissioner Charlito Martin R. Mendoza said the Bureau is working closely with the DOF to swiftly implement the Presidentโs directive on the suspension and is also studying other measures to support the governmentโs relief efforts during the crisis.
Revenue Regulations No. 3-2026:https://bir-cdn.bir.gov.ph/BIR/pdf/RR%20No.%20003-2026.pdf
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