Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City 
NINETEENTH CONGRESS 
First Regular Session 
HOUSE BILL NO. ____ 
Introduced by HON. LUIS RAYMUND “LRAY” F. VILLAFUERTE, JR. 
EXPLANATORY NOTE 
The Philippine Statistics Authority (PSA) estimates that most of the Filipino family's 
budget is allocated for fuel, water, and food. Unfortunately, due to geopolitical conflicts 
and development in world markets, fuel prices have been soaring in recent months. 
This has severely affected the Filipinos who are still recovering from the devastating 
impacts caused by the Covid-19 pandemic. 
Compounding the burden brought by the current levels of inflation are taxes that add 
a significant amount to the price of fuel. Pursuant to Republic Act (RA) 10963, or the 
“Tax Reform for Acceleration and Inclusion” (Train) Law, the excise tax on regular and 
unleaded premium gasoline is currently set at P10.00 per liter of volume capacity while 
it is set at P6.00 on diesel fuel oil. On top of this is a Value Added Tax (VAT) of 12%. 
The taxes have resulted not just in the increase of the price of the fuel itself but also 
in other goods that rely on fuel for their operation.  
There has been a clamor for the suspension of the excise taxes on fuel products. 
However, the authority granted under the TRAIN Law to suspend the collection of 
excise taxes on these products covered only the years 2018 to 2020.  
This bill proposes to amend Section 148 of the National Internal Revenue Code to 
provide for the automatic suspension of the excise tax on regular gasoline, unleaded 
premium gasoline, and diesel fuel oil when the average Dubai crude oil price based 
on Mean of Platts Singapore (MOPS) reaches or exceeds USD 80 per barrel over a 
three-month period. It seeks to bring down the cost of fuel to provide instant relief to 
the Filipino people and to shield them from further adversities that may be caused by 
unforeseen economic downturns. 
In view of the foregoing, the immediate approval of this measure is eagerly sought. 
LUIS RAYMUND “LRAY” F. VILLAFUERTE, JR. 
September 27, 2022
10:31 am
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Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City 
NINETEENTH CONGRESS 
First Regular Session 
HOUSE BILL NO. ____ 
Introduced by HON. LUIS RAYMUND “LRAY” F. VILLAFUERTE, JR. 
AN ACT 
PROVIDING FOR THE AUTOMATIC SUSPENSION OF EXCISE TAXES ON 
REGULAR GASOLINE, UNLEADED PREMIUM GASOLINE, AND DIESEL, 
AMENDING FOR THE PURPOSE SECTION 148 OF THE NATIONAL 
INTERNAL REVENUE CODE, AS AMENDED 
Be it enacted by the Senate and the House of Representatives of the Philippines in 
Congress assembled: 
SECTION 1. Short Title. — Section 148 of the National Internal Revenue Code 
(NIRC), as amended, is hereby further amended to read as follows: 
 "Sec. 148. Manufactured Oils and Other Fuels. - There shall be collected on 
refined and manufactured mineral oils and motor fuels, the following excise taxes 
which shall attach to the goods hereunder enumerated as soon as they are in 
existence as such: 
“[For the period covering 2018 to 2020,]” THE [scheduled increase in the] 
excise tax on Feel-I REGULAR GASOLINE, UNLEADED PREMIUM 
GASOLINE, AND DIESEL FUEL OIL as imposed in this Section shall be 
AUTOMATICALLLY suspended when the average Dubai crude oil price 
based on Mean of Platts Singapore (MOPS) for three (3) months prior to 
the scheduled increase of the month reaches or exceeds Eighty dollars 
(USD 80) per barrel." 
SECTION 2. Repealing Clause. — All laws, decrees, orders, rules and regulations or 
other issuances or parts thereof inconsistent with the provisions of this Act are hereby 
repealed and modified accordingly. 
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SECTION 3. Implementing Rules and Regulations. — Such rules and regulations 
as may be necessary to implement this Act shall be issue within thirty (30) days of its 
effectivity. 
 
SECTION 4. Effectivity. —This Act shall take effect fifteen (15) days after its 
publication in the Official Gazette. 
 
  
Approved.