The Philippines' Fuel Marking Program (FMP) has generated P1.028 trillion in taxes since its launch five years ago, Swiss-owned technology company SICPA reported on Tuesday, Nov. 26. As of November 2024, the program, a partnership between the Bureau of Customs (BOC), SGS Philippines Inc., and...
The Bureau of Customs (BOC) has intercepted a fuel tanker and four lorries caught transferring smuggled fuel at the Port of Batangas. The BOC said the operation, conducted on Wednesday, Oct. 16, was a result of intelligence gathered by the BOC-Customs Intelligence and Investigation Service...
The Bureau of Customs (BOC) has intercepted two fuel tankers, worth a combined P695 million, at the Navotas Fish Port for allegedly engaging in the illegal fuel transfer practice known as "paihi." In an operation by the BOC's Customs Intelligence and Investigation Services-Manila International...
In the first five years of its implementation, fuel marking added to government coffers a total of P988.8 billion in tax revenues, inching closer to the P1-trillion mark with one more year before the program's contract ends. The latest data obtained by Manila Bulletin on Tuesday, Sept. 17, showed...
After nearly five years of implementation, has the government's fuel marking program successfully halted or significantly reduced oil smuggling in the Philippines? Rather than providing a direct answer, the Bureau of Customs (BOC) has chosen to rely on official data to illustrate the program's...
Amid the holiday rush, the Bureau of Customs (BOC) thwarted the smuggling of unmarked fuel in Bataan and seized the motorized tanker used to transport the illicit cargo. In a statement, the Customs bureau reported that about 146,000 liters of unmarked fuel were intercepted in Mariveles, Bataan on...
Leading oil firm Petron Corporation has been ranked consistent topnotcher in the country’s fuel marking program that is being enforced by the Bureau of Customs (BoC) to potently curb smuggling in the downstream oil sector. As reported by the Customs bureau, Petron rated highest in the fuel...
Finance Secretary Carlos G. Dominguez III has approved the donation to the Armed Forces of the Philippines (AFP) and the Philippine Coast Guard (PCG) of fuels that were seized by the Bureau of Customs and forfeited in favor of the government. The Customs will turn over a total of 41,356.8 liters of...
Finance Secretary Carlos G. Dominguez III approved the donation by the Bureau of Customs (BOC) to the Philippine Coast Guard (PCG) of unmarked diesel fuel seized last September and forfeited in favor of the government. The BOC and PCG have already signed a memorandum of agreement on the turnover of...
The Bureau of Customs (BOC) seized huge quantity of unmarked diesel in Pampanga following the government’s intensified implementation of the nationwide fuel marking and monitoring program to curb oil smuggling. 34336 In a statement, Customs Commissioner Rey Leonardo B. Guerrero said the bureau...
The Department of Finance (DOF) said the exchange of information between the Department of Energy (DOE) and the government’s two main tax agencies will boost the implementation of the first-ever nationwide fuel marking program. Screen Shot 2021-05-28 at 10.31.20 AM Finance Secretary Carlos G....
Bureau of Customs (BOC) agents have intercepted a tanker truck loaded with around 30,000 liters of unmarked diesel during a spot inspection in Mariveles, Bataan. GOTCHA-- A tanker truck carrying around 30,000 liters of unmarked fuel was intercepted on May 21,2021 during a spot inspection in...
