Philippines to go full-blast with fuel-marking project

The Philippine government is now going full-blast with its fuel-marking project to include all other ports where imported diesel fuel and kerosene are landed. The fuel-marking project mandates the use of a liquid chemical for marking imported diesel fuel and kerosene that enter the country duty-free. According to Customs Memorandum Order 4-2010, fuel marking would now be implemented in all ports, in addition to the Subic Special Economic and Freeport Zone, Clark Special Economic and Freeport Zone and the Port of Batangas, where the government pilot-tested the project. The move is meant to plug the leakage of duties and taxes due on kerosene and diesel fuel which initially entered the country without paying duties and taxes, and later on end up in the domestic market or for other use which make them subject to local duties and taxes. (February 3, 2010)