TWENTIETH CONGRESS OF THE ) 
REPUBLIC OF THE PHILIPPINES )
First Regular Session 
)
25 JUL-2 P4--10
SENATE 
S. No.___ 5
iu:cr;
Introduced by SENATOR JV EJERCITO
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
EXPLANATORY NOTE
In the recent years, the country has constantly experienced fluctuating fuel oil 
prices driven by various global market factor. From January 2024 to January 2025, 
gasoline prices in the Philippines showed significant volatility, peaking at P70.53 per 
liter in April 2024 before gradually declining to P63.15 per liter by January 2025.1
Year-to-date, however, gasoline already has a total net increase of P10.40 per 
liter, PI 1.85 per liter for diesel, and P4.05 per liter total net increase for kerosene, 
according to the Department of Energy Oil Monitor as of 24 June 2025. Meanwhile, 
the excise tax rates on petroleum products cost PIO per liter for gasoline, while diesel 
and kerosene are subjected to P6 per liter and P3 per liter in excise tax, respectively, 
as adjusted under Republic Act No. 10963 or the Tax Reform for Acceleration and 
Inclusion (TRAIN) Law.
1 Excise Tax on Petroleum Products in the Philippines. Accessed through;
https://cpbrd.congress.gov.ph/wp-content/uploads/2025/05/FF2025-42-EXCISE-TAX-0N-
PETROLUEM-PRODUCTS-IN-THE-PHILIPPINES.pdf


The government assures the public of its contingency measures and aliocation 
for fuel subsidies despite the cali for the suspension of taxes on petroieum products. 
For 2025, there is a P2.5 Biliion subsidy for public utility vehicie drivers and operators 
and an additional P600 Million for farmers and fisherfoik under the General 
Appropriations Act. However, our constituents need a practical and immediate solution 
when faced with unforeseen events that impact their daiiy lives and iivelihood.
Under the TRAIN Law, the Department of Finance may only recommend the 
suspension of the increase of the excise tax on fuels but not the imposition of the tax 
itself. In order to suspend the imposition of excise tax on petroleum products, 
immediate legislative action is needed to address the continuing increase in oii prices.
This proposed measure seeks to automaticaliy suspend the imposition of excise 
tax on regular gasoline, unleaded premium gasoline, and diesel fuel oil when the 
average Dubai crude oii price based on Mean of Piatts Singapore reaches or exceeds 
Eighty dollars (USD 80) per barrel.
By establishing a clear and automatic trigger, this measure provides timeiy and 
predictable relief in times of extraordinary fuei price surges. It is a crucial step toward 
easing the burden on our constituents, especially low-income households and small 
businesses, who are most affected by fuel cost volatility.
In view of the foregoing, the immediate passage of this biil is earnestly sought.
JV EJERCITO


Ill i..': 
’ .
TWENTIETH CONGRESS OF THE ) 
REPUBLIC OF THE PHILIPPINES )
First Regular Session 
)
SENATE 
S. No. 5
25 JUL -2 P4 no
tu.u
Introduced by SENATOR JV EJEROTO
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:
1 
Section 1. — Section 148 of the National Internal Revenue Code
2 
(NIRC), as amended, is hereby further amended to read as follows:
3 
"Sec. 148. Manufactured Oils and Other Fuels. - There
4 
shall be collected on refined and manufactured mineral oils and
5 
motor fuels, the following excise taxes which shall attach to the
6 
goods hereunder enumerated as soon as they are in existence as
7 
such:
8 
XXX
9 
"NOTWITHSTANDING THE PROVISION ABOVE,
10 
THE EXCISE TAX ON REGULAR GASOLINE, UNLEADED
11 
PREMIUM GASOLINE, AND DIESEL FUEL OIL AS IMPOSED
12 
IN THIS SECTION SHALL BE AUTOMATICALLY
13 
SUSPENDED WHEN THE AVERAGE DUBAI CRUDE OIL
14 
PRICE BASED ON MEAN OF PLATTS SINGAPORE REACHES
15 
OR EXCEEDS EIGHTY DOLLARS (USD 80) PER BARREL."


1 
Sec. 2. Implementing Rules and Regulations. — Such rules and
2 
regulations as may be necessary to implement this Act shall be issued within
3 
thirty (30) days of its effectivity.
4 
Sec. 3. Repealing Clause. — All laws, decrees, orders, rules and
5 
regulations or other issuances or parts thereof inconsistent with the provisions
6 
of this Act are hereby repeaied or modified accordingiy.
7 
Sec. 4. Effectivity. — This Act shall take effect fifteen (15) days after its
8 
publication in the Official Gazette.
9 
Approved.