PROCLAMATION NO. 89

: The power to revise the rates of specific tax on petroleum products is granted under Section 290-B of the National Internal Revenue Code of 1977, as amended by Presidential Decree No. 1773.
: Under EO No. 672, the specific tax on kerosene is nine centavos per liter of volume capacity.
: The specific tax on lubricating oils is eighty centavos per liter of volume capacity.
: The specific tax on naphtha, gasoline, and all similar distillation products is one peso and six centavos per liter, except that premium and aviation gasoline are taxed at one peso and ten centavos and one peso per liter respectively.
: Yes, aviation turbo-jet fuel is taxed at sixty-four centavos per liter of volume capacity.
: Denatured alcohol used for motive power is taxed at one centavo per liter of volume capacity, and if mixed with gasoline already taxed, only the alcohol content is subject to this tax.
: Liquefied petroleum gas is taxed at twenty-one centavos per kilogram, except LPG used for motive power which is taxed at the equivalent rate as diesel fuel oil.
: Bunker fuel oil is taxed at five centavos per liter, while diesel fuel oil is taxed at twenty-five and one-half centavos per liter.
: Executive Order No. 672 took effect immediately upon its issuance on March 21, 1981.