SB 1935

Senate·20th Congress·Filed Mar 5, 2026

Automatic Suspension of Value-Added Tax and Excise Taxes on Fuel

An Act Providing for the Automatic Suspension of Value-Added Tax and Excise Taxes on Fuel, Amending Sections 106, 107, and 148 of the National Internal Revenue Code of 1997, as Amended

In plain language

The bill would automatically stop the 12 % VAT and existing excise taxes on fuel whenever the global Dubai crude price hits USD 80 per barrel, lowering pump prices during oil‑price spikes.

TaxationEnergyPublic Works and Infrastructure

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Senator

Erwin T. TulfoReceipts →

Official sources

Similar in what they’d do, filed by any lawmaker.

SB 5· Filed Jul 2, 2025
Automatic Suspension of Excise Taxes on Petroleum Products
Consolidated/substituted in the committee reportSen. Jv Ejercito
HB 8341· Filed Mar 9, 2026
An Act Amending Section 148 of the National Internal Revenue Code (Nirc), as Amended, Allowing the Automatic Suspension of Excise Tax of Fuels
Pending with the Committee on WAYS AND MEANS since 2026-03-11Rep. Kristine Singson-Meehan
SB 1938· Filed Mar 9, 2026
Suspension or Reduction of Excise Taxes And/Or Value-Added Tax on Petroleum Products
Consolidated/substituted in the committee reportSen. Francis "Chiz" G. Escudero
HB 8372· Filed Mar 9, 2026
An Act Providing for the Automatic Suspension of Excise Taxes on Regular Gasoline, Unleaded Premium Gasoline, and Diesel, Amending for the Purpose Section 148 of the National Internal Revenue Code, as Amended
Pending with the Committee on WAYS AND MEANS since 2026-03-11Rep. Keith Micah "Atty. Mike" D.l. Tan
SB 1982· Filed Mar 16, 2026
Automatic Suspension or Reduction of Excise Tax on Petroleum Products
Approved by the president of the philippinesSen. Jv Ejercito

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SBN-1935 · Sources: BatasWatch