Shell Pilipinas wins tax case, seeks P3.49 billion refund from Bureau of Customs

Shell Pilipinas Corp. is seeking to recover P3.49 billion it paid to the government in protest to the Bureau of Customs (BOC) on the alkylate case.

The oil company recently received a Court of Tax Appeals (CTA) decision that affirmed alkylate is not subject to excise tax.

Once the decision becomes final, Shell said it would consider necessary legal actions to recover the amounts previously paid to the government under protest for its past alkylate imports..

Shell paid the assessed P3.49 billion alleged taxes for the importation of alkylate in 2021, but it is no longer importing it.

The CTA invalidated the government’s attempt to impose taxes on Shell’s previous alkylate imports, prohibiting the government from collecting, in any manner, excise taxes and value-added tax on Shell’s alkylate imports.

Inflation eases to 6.1% in May

The country’s inflation rate eased to 6.1 percent in May, the lowest year-on-year figure recorded since July 2022, according to a report released by the Philippine Statistics Authority (PSA).

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