Govt collects more than P200B thru fuel marking

The government has so far collected more than P200 billion in duties and taxes through its fuel-marking program, data from the Finance department showed.

Data released by Finance Secretary Carlos Dominguez 3rd to reporters on Monday showed that the actual P206.51-billion tax take from Sep. 4, 2019 to March 18, 2021 was equivalent to 21.16 billion liters of marked fuel products.