Bill Type
Long Title
AN ACT CLASSIFYING THE SALE OR IMPORTATION OF PETROLEUM PRODUCTS AND RAW MATERIALS IN THE MANUFACTURE THEREOF AS VALUE-ADDED TAX EXEMPT TRANSACTIONS, AMENDING FOR THE PURPOSE SECTION 109(1) OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997, AS AMENDED BY REPUBLIC ACT NO. 9337, AND FOR OTHER PURPOSES
Congress Author
Date filed
January 29, 2008
Scope

Legislative History

House Bill/Resolution NO. HB03442
FULL TITLE : AN ACT CLASSIFYING THE SALE OR IMPORTATION OF PETROLEUM PRODUCTS AND RAW MATERIALS IN THE MANUFACTURE THEREOF AS VALUE-ADDED TAX EXEMPT TRANSACTIONS, AMENDING FOR THE PURPOSE SECTION 109(1) OF REPUBLIC ACT NO. 8424, OTHERWISE KNOWN AS THE TAX REFORM ACT OF 1997, AS AMENDED BY REPUBLIC ACT NO. 9337, AND FOR OTHER PURPOSES
ABSTRACT : The bill proposes to exempt the sale or importation of petroleum products and raw materials used in the manufacture of the same from the reformed value-added tax.
PRINCIPAL AUTHOR/S : CASI�O, TEODORO JR. A.
DATE FILED : 2008-01-29
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. Ocampo
CO-AUTHORS (Journal Entries) :
1. Colmenares (002 )
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Scheduled for first meeting/hearing on 2008-06-10
      2. Under deliberation by the Mother Committee on 2008-07-29
      3. Under deliberation by the Mother Committee on 2008-08-05
      4. Under deliberation by the Mother Committee on 2008-08-12
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2008-02-05

Abstract

The bill proposes to exempt the sale or importation of petroleum products and raw materials used in the manufacture of the same from the reformed value-added tax.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.