Requested from BIR by J. Salvo at 03:28 PM on
Jan 30, 2020.
Purpose: Research for Developing an Investor's Guidebook for Potential Investors (Taxes)
Date of Coverage: 01/01/2018 - 01/30/2020
Tracking no: #BIR-847110856566
Salvo 03:28 PM, Jan 30, 2020
Hi BIR,
We are currently developing an Investor's Guidebook and would like to ask for clarification if there is Excise Tax for Imported Liquefied Natural Gas (LNG)? So far we have not found any provision in the TRAIN Law nor in any BIR Revenue Regulation for Imported LNG
If there is Excise Tax, how much or what is the excise tax rate?
We would appreciate your prompt response as stated in your Citizen's Charter for Citizen's queries.
Thank you.
Du 03:46 PM, Jan 30, 2020
Jan 30, 2020
Dear Jessol Salvo,
Thank you for your request dated Jan 30, 2020 03:28:55 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Excise Tax for Imported Liquefied Natural Gas in TRAIN Law.
We received your request on Jan 30, 2020 03:28:55 PM and will respond on or before Feb 20, 2020 03:28:55 PM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEEJJUi04NDcxMTA4NTY1NjYM, for request with ticket number #BIR-847110856566.
Thank you.
Respectfully,
Ana Marie Du
FOI Officer
Division 06:06 PM, Jan 30, 2020
Dear Jessol Salvo,
Thank you for your request dated Jan 30, 2020 03:28:55 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Excise Tax for Imported Liquefied Natural Gas in TRAIN Law.
We received your request on Jan 30, 2020 03:28:55 PM and will respond on or before Feb 20, 2020 03:28:55 PM, in accordance with the Executive Order's implementing rules and regulations.
We shall be endorsing said request to the Chief, Excise LT Regulatory Division for their necessary action and attention.
Thank you.
Respectfully,
Maria Lourdes D. Narvaez
FOI Decision Maker
Division 01:11 PM, Feb 12, 2020
Dear Jessol Salvo,
Thank you for your request dated Jan 30, 2020 03:28:55 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Excise Tax for Imported Liquefied Natural Gas in TRAIN Law.
In reply, per attached reply of ACIR Manuel V. Mapoy of the Large Taxpayer Service (LTS) dated February 4, 2020 please be informed that imported Liquified Natural Gas, although classified as petroleum product, is not among those articles enumerated under Title VI Chapter V of the National Internal Revenue Code (NIRC), as amended, and thus EXEMPT from EXCISE TAX.
For your information and guidance..
Respectfully,
Maria Lourdes D. Narvaez
FOI Decision Maker
Attachments:
Jessol Salvo-excise tax on imported liquified natural gas.pdf
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