SC declares constitutional 10 centavos/liter levy on delivery of petroleum products - News Summed Up

SC declares constitutional 10 centavos/liter levy on delivery of petroleum products


SC declares constitutional 10 centavos/liter levy on delivery of petroleum products 1 SHARES Share it! Share TweetBy Rey PanaliganThe Supreme Court (SC) has declared constitutional the 10-centavo per liter levy on petroleum products, like gasoline and diesel, delivered by operators of petroleum tankers and barges from the storage facilities to points of destination. Section 22 of RA 9483 imposes a levy of 10-centavos per liter for every delivery and transshipment of petroleum products. Case records showed that the imposition of the levy was challenged before the RTC by petroleum marine transport companies — the Philippine Petroleum Sea Transport Association, Herma Shipping and Transport Corporation, Islas Tankers Sea Transport Corporation, MIS Maritime Corporation, Petrolift, Inc., Golden Albatross Shipping Corporation, Via Marine Corporation, and Cargomarine Corporation. The February 22, 2017 Decision of the Regional Trial Court, Branch 216, Quezon City is hereby REVERSED and SET ASIDE.


Source: Manila Bulletin September 12, 2018 09:45 UTC



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