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(NAR) VOL. 7 NO. 3 / JULY-SEPTEMBER 1996

[ BC MEMORANDUM, August 13, 1996 ]

OIL FIRMS, DELIVERIES OF BUNKERING FUEL TO INTERNATIONAL VESSELS SUBJECT OF DRAWBACK APPLICATIONS IN PURSUANCE TO CAO #31-76 SUPPLEMENTING CAO 14-72 IMPLEMENTING SEC. 106 (C) OF THE TCCP



In reference to the above-captioned subject which requires confirmation by concerned ports and for purposes of fully up-dating the records of processed drawbacks claim/s for which tax credit certificates have been granted under a provisional "post confirmation procedure as per directive from the Office of the Executive Secretary, Malacañang, and to cope with changes that may occur in view of the impending deregulation of the oil industry, you are hereby directed to act without delay, all requests by the One Stop Shop Inter-Agency Tax Credit and Duty Drawback Center of the Department of Finance for confirmation of deliveries of bunkering fuel loaded on board the  international vessels indicating therein the vessel's final destination and the corresponding reference Application Number/s:

Further you are hereby directed to put up an effective and efficient system to address the problem in the confirmation process of bunkering fuel deliveries of the oil companies.

For strict compliance.

Adopted: 13 Aug. 1996

(SGD.) LICERIO C. EVANGELISTA
Deputy Commissioner
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