MANILA, Philippines — Before the session breaks in December, the leadership in the House of Representatives is determined to approve the proposed legislation that seeks to reduce excise taxes imposed on petroleum products.
House Deputy Majority Leader Representative Jesus ‘Bong’ Suntay said they also expect the Senate to do the same.
“I’m sure mapapasa namin yan before December on the part of the House. Pero ang mga kasamahan natin, mga senador natin, want to give it as a Christmas gift to Filipinos who have been hit hard by the pandemic,” Suntay said.
In the House version of the consolidated bill, the solons are pushing for a zero excise tax to be imposed on gasoline, diesel, and liquefied petroleum gas (LPG) for six months.
Excise tax on low octane gasoline used in tricycles, on the other hand, will be reduced to Php 4.35 per liter.
Suntay said the House leadership is determined to approve this the soonest time possible, noting that it is not only the transport sector who is being affected by the high price of petroleum products but the general public as well.
“Hindi naman yung transport sector who carries the burden of this additional excise tax. Lahat ng tao hindi lang public utility vehicle driver o jeepney drivers ang tinamaan, kundi lahat ng tao tinamaan ng pandemya. I believe kailangang naman na ibalik natin, di ba?” Suntay explained.
He further clarified that the Lower House is not seeking for the suspension of the excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) Law but to just cut a small percentage of the tax imposed by the said law. —/mbmf (from the report of UNTV Correspondent Nel Maribojoc)