Lazada Philippines aff_i?offer_id=3127&file_id=94990&aff_id=150634 - DOE Directive to Oil Companies - Philippine Daily News

normal_post - DOE Directive to Oil Companies - Philippine Daily News Author Topic: DOE Directive to Oil Companies  (Read 196 times)

MIKELIGALIG.com

  • FOUNDER
  • Webmaster
  • *****
  • avatar_1382_1499847132 - DOE Directive to Oil Companies - Philippine Daily News
  • Posts: 22922
  • medal1 - DOE Directive to Oil Companies - Philippine Daily Newsmedal2 - DOE Directive to Oil Companies - Philippine Daily Newsmedal3 - DOE Directive to Oil Companies - Philippine Daily News
  • NEED A WEBSITE? email me: info@mikeligalig.com
    • Share Post
xx - DOE Directive to Oil Companies - Philippine Daily News
DOE Directive to Oil Companies
« on: January 04, 2018, 05:35:22 PM »
DOE Directive to Oil Companies
 
Department of Energy Secretary Alfonso G. Cusi released the Guidelines, thru the Oil Industry Management Bureau headed by Undersecretary Donato M. Marcos, to all oil companies to effectively monitor and implement the new Tax Reform Inclusion and Acceleration (TRAIN).  

Pertinent provisions of the Guidelines are as follows:

1) Submission of a duly notarized inventory report as of 31 December 2017. The inventory shall be on per depot and per product basis; 

2) Implementation of the excise tax under TRAIN shall not be applied unless the 31 December 2017 stocks of finished products are fully exhausted. (The minimum 15-day inventory requirement shall be enforced in accordance with Department Circular ‎2011-03-0002);

3) Submission of the daily summary of withdrawal starting 01 January 2018 until the depletion of the declared inventory as of 31 December 2017, supported by the Official Registry Book (ORB); 

4) Retailers are required to post in a conspicuous area, for transparency, notice of the new excise tax implementation under the TRAIN in a signage measuring 1 meter by 1 meter in size; and

5. Submission of the petroleum products inventory report as of December 31, 2017 is on 5 January 2018.

“We remind the consumers and the oil industry participants that violators face the sanctions under the law,” Cusi said. 

The DOE calls on the public to be vigilant and to report any violation to info@doe.gov.ph or to the Consumer Welfare and Promotion Office at Tel. No. ‎‎479-2900 loc. 329.

^^^^^^^
Book your place/hotel/apt to stay on your next travel at www.booking.com



Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=88871.0
Romans 10:9-10
"If you declare with your mouth, Jesus is Lord, and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved."

personal015320100 - DOE Directive to Oil Companies - Philippine Daily News

pCloud Premium


Share via facebook Share via linkedin Share via pinterest Share via tumblr Share via twitter

 

Booking.com

Latest Topics

Establishment of Governor Generoso Institute of Arts and Sciences (GGIAS) by MIKELIGALIG.com
[Yesterday at 03:47:03 PM]


Financial loan assistance in Ilocos Sur with low interest rates by MIKELIGALIG.com
[Yesterday at 03:27:14 PM]


Sinulog in Bien Unido by MIKELIGALIG.com
[Yesterday at 03:24:58 PM]


Bohol News by MIKELIGALIG.com
[January 21, 2019, 12:38:37 AM]


The Certainty of Christ's Bodily Resurrection by MIKELIGALIG.com
[January 19, 2019, 07:13:59 PM]


Why dress well by islander
[January 19, 2019, 05:25:44 PM]


Happy New Year 2014 to Tubag Bohol denizens! by islander
[January 19, 2019, 05:24:40 PM]


The deadliest bullet by islander
[January 19, 2019, 05:23:25 PM]


Getting rid of cancer by MIKELIGALIG.com
[January 13, 2019, 11:33:52 AM]


FILIPINOS OF THE YEAR 2018 by islander
[January 12, 2019, 03:30:23 PM]

SMF spam blocked by CleanTalk
pCloud Premium
Powered by SMFPacks SEO Pro Mod | Sitemap
Mobile View
SimplePortal 2.3.7 © 2008-2019, SimplePortal