20/04/2026
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𝗗𝗢𝗙, 𝗕𝗜𝗥 𝗜𝗦𝗦𝗨𝗘 𝗚𝗨𝗜𝗗𝗘𝗟𝗜𝗡𝗘𝗦 𝗙𝗢𝗥 𝗧𝗛𝗘 𝗦𝗨𝗦𝗣𝗘𝗡𝗦𝗜𝗢𝗡 𝗢𝗙 𝗘𝗫𝗖𝗜𝗦𝗘 𝗧𝗔𝗫𝗘𝗦 𝗢𝗡 𝗟𝗣𝗚 𝗔𝗡𝗗 𝗞𝗘𝗥𝗢𝗦𝗘𝗡𝗘
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 “Temporarily Suspending the Excise Taxes on Specific Petroleum Products Pursuant to Section 148 of the National Internal Revenue Code of 1997, as Amended.”
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 President’s directive on the suspension and is also studying other measures to support the government’s relief efforts during the crisis.
Revenue Regulations No. 3-2026:https://bir-cdn.bir.gov.ph/BIR/pdf/RR%20No.%20003-2026.pdf