Amendment of Tax Rates on Refined Petroleum Products

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Title Supreme Court: Amendment of Tax Rates on Refined Petroleum Products

Law: Presidential Decree No. 1917

Decision Date: Apr 10, 1984

Presidential Decree No. 1917 amends the National Internal Revenue Code in the Philippines to introduce new specific tax rates on various refined petroleum products, aiming to reduce crude oil imports, conserve fuel and energy, and generate additional revenue for the government's economic programs.

specific tax

refined petroleum products

crude oil imports

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