Transport Group Calls For Suspension of Fuel Excise Tax Yet Again

In line with the big time fuel price hike scheduled tomorrow, several transport groups have once again called for the suspension of the fuel excise tax.

Transport Group Calls For Suspension of Fuel Excise Tax Yet Again

According to Ricardo Rebaño,  president of Federation of Jeepney Operators and Drivers Association of the Philippines (FEJODAP), they are appealing for the suspension of the fuel excise tax even for just three to four months as this is the better option than asking for another fare increase which will add another burden on commuters.

“Kahit ilang buwan lamang po hanggang sa ganito ang sitwasyon ng petroleum products, tumataas nang tumataas, siguro another suspensyon ng excise tax ang kinakailangan namin para naman magkaroon ng win-win solution itong diranaras naming problema kesa naman ma-tengga na naman ang public transport,” he said.

Meanwhile, Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide (PISTON) national president Mody Floranda said that the Oil Deregulation Law and TRAIN Law have to be amended.

“Talagang kailangang rebisahin ng gobyerno ang mga probisyon sa ilalim ng Oil Deregulation Law, ng TRAIN Law, ng e-vat, at excise tax sa produktong petrolyo sapagkat malinaw naman na hindi naman tayo lingguhan o buwanan umaangkat ng produktong petrolyo sa international market, kundi batay sa sinasabi ng Department of Energy,” he said.

Floranda further added that a summit has to be conducted to discuss how to address the issues surrounding petroleum products in the country.

However, the Department of Finance (DOF) has cautioned the Marcos administration that suspending the collection of excise tax on petroleum products will be unfavorable to the government, saying that it is “not the most efficient approach to alleviating the conditions of affected sectors.”

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