QuestionsQuestions (BATAS PAMBANSA BLG. 451)
It is a presidential decree amending specific tax rates on refined petroleum products under the National Internal Revenue Code (NIRC). Its stated purposes include conserving fuel through stricter measures, restructuring prices of refined petroleum products, realigning the tax component of oil prices to correct demand imbalance, and generating additional government revenue.
PD 1917 amended Sections 153, 155, and 156 of Title IV (Specific Tax) of the NIRC, as amended.
It states that the specific tax shall attach to the articles enumerated as soon as they are in existence as such.
Kerosene is taxed at thirty-two and three-fourth centavos per liter of volume capacity.
Lubricating oils are taxed at one peso and fifty centavos per liter of volume capacity.
Regular gasoline and all other similar products of distillation are taxed at one peso and sixty-six and one-fourth centavos per liter of volume capacity. Premium and aviation gasoline are taxed at one peso and fifty-four and one-fourth centavos per liter of volume capacity.
Denatured alcohol for motive power is taxed at one centavo per liter of volume capacity. If mixed with gasoline, the specific tax on which has already been paid, only the alcohol content is subject to the tax. For this purpose, removal of denatured alcohol of not less than 180 degrees proof (90% absolute alcohol) is deemed removed for motive power unless shown otherwise.
Processed gas is taxed at four and one-half centavos per liter of volume capacity.
LPG is taxed at eighty-five centavos per kilogram. If LPG is used for motive power, it is taxed at the equivalent rate as the specific tax on diesel fuel oil.
Diesel fuel oil (and similar fuel oils with more or less the same generating power) is taxed at fifty-seven and one-half centavos per liter of volume capacity, attaching as soon as it is in existence as such.
Bunker fuel oil (and similar fuel oils with more or less the same generating power) is taxed at thirty-three and one-half centavos per liter of volume capacity, attaching as soon as it is in existence as such.
It expands the coverage beyond specifically named fuels by including similar fuel oils determined to have comparable generating power, affecting which products fall under bunker fuel oil or diesel fuel oil specific tax rates.
Greases, waxes and petroleum are taxed at eighty centavos per kilogram.
Aviation turbo jet fuel is taxed at one peso and twenty-three centavos per liter of volume capacity.
It took effect on May 17, 1984.