BIR FACILITATES PNOC EMERGENCY FUEL IMPORTATION, READIES EXPEDITED PROCESSING OF FUTURE FUEL IMPORTS

Wazzup Pilipinas!? 

The Bureau of Internal Revenue (BIR) has facilitated the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC) through the issuance of a special permit by the Bureau’s Large Taxpayers Service (LTS).

This forms part of the government’s response under Executive Order No. 110, s. 2026, “Declaring a State of National Energy Emergency and Authorizing the Unified Package for Livelihoods, Industry, Food, and Transport.”

PNOC-EC had earlier informed the BIR that it would immediately undertake the importation of petroleum products as an emergency measure. In response, the Bureau, through the LTS, worked with PNOC-EC on the documentary and procedural requirements for issuing the special permit and processing the import transaction.

In anticipation of future fuel importation by PNOC, the BIR is working with the company on the documentary requirements to support expedited processing on the Bureau’s end.

“The BIR, through its Large Taxpayers Service, will continue to work closely with PNOC to ensure the timely processing of requirements for current and future emergency fuel importations, in support of the whole-of-government response authorized under Executive Order 110 to help safeguard the country’s energy supply,” Commissioner Charlito Martin R. Mendoza said.