The Bureau of Internal Revenue (BIR) has shut down at least eight gas stations in Quezon City for retailing unmarked, or smuggled fuel products.

201011 oil price hike01 balmores - BIR shuts down 8 gas stations for unmarked, smuggled fuel products

Stocks of these non-compliant outlets, located mostly in Fairview and along EDSA Avenue, will be seized.

Assistant Commissioner for Large Taxpayers Service Manuel Mapoy said owners of these establishments are also liable to pay fine of up to P2 million and prosecuted for tax evasion and smuggling pursuant to the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

The law mandates fuel marking to minimize, or stop oil smuggling which has be causing the government to lose billions of pesos yearly in customs duties, excise and value-added taxes.

Revenue Deputy Commissioner for Operations Arnel Guballa said the fuel marking inspection will be extended later to other parts of the metropolis and provinces.

Fuel marking involves the pouring of special dye into gasoline, diesel, kerosene and other petroleum products to distinguish them from unmarked items when examined through electronic gadgets supplied by the Swiss-based SICPA SA, a trusted global provider of security inks.

Fuel marking project was started in September last year by a joint task force of Department of Finance, BIR and Bureau of Customs (BoC) personnel.

Under present arrangement the BIR will marked oil products in refineries and depots after paying the appropriate taxes and transporting these to their consumers.

Likewise, the BoC will take charge in marking the same items carried by tankers and ships into the country’s ports.

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