Summary
RMC No. 62-2010 publishes the full text of Department Order No. 18-2010, dated June 25, 2010, issued by the Department of Finance on nationwide coverage of the Mandatory Marking of Kerosene.
Key points
- Wider marking coverage. The fuel marking program under DO No. 23-07, as amended, and regularized under DO No. 43-09, now covers all kerosene and DPK shipments into the country, even if duties and taxes have already been paid.
- Monthly port reports. Upon effectivity, ports with kerosene importations, including those declared as DPK, that were marked under DO No. 23-07, as amended, submit the monthly reports required by Customs Memorandum Order No. 04-2010, following Section 3.5.2 of that order.
- Implementation duty. The Program Implementation Office must ensure the Bureau of Customs implements mandatory marking of kerosene, including DPK, in all ports nationwide, with the needed technical, operational and administrative structures in place.
Who is affected
- Importers of kerosene and DPK
- Bureau of Customs ports with kerosene importations
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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