Commodity

Commodity Details

Chapter 27.07 Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents.
Commodity 2707.50.00 – Other aromatic hydrocarbon mixtures of which 65 % or more by volume (including losses) distils at 250 °C by the ISO 3405 method (equivalent to the ASTM D 86 method)

For Imports

Regulating Agencies

Department of Finance
  • PNPC Complex, Merritt Road, Fort Bonifacio, Taguig, 1631 Metro Manila
  • 88402144 ,88402095
  • 88402187
  • rino.abad@doe.gov.ph

Legal Basis

  • DOE Department Circular No. 2006-08-0011 – DOE Department Circular No. 2006-08-0011 Interim Guidelines for the Accreditation of Oil Industry Participants in the Fuel BIOETHANOL Program
  • Department Circular No. 98-03-004 – Department Circular No. 98-03-004 Rules and Regulations Implementing RA 8479 'Downstream Oil Industry Deregulation Act of 1998'
  • RA 9367 dated January 12, 2007 – RA 9367 dated January 12, 2007 An Act To Direct The Use OfBiofuels, Establishing For This Purpose The Biofuel Program, Appropriating Funds Therefor, And For Other Purposes

Permits, Clearances, Certifications

  • Original copy of Acknowledgement Letter & Certificate of Compliance

Requirements & Procedures

Documentary Requirements

Listed Importer per Section 5 of IRR of RA 8479 (DC 98-03-004)

  1. Written notice addressed to the OIMB prior to actual loading of every importation including details and/or accompanying documents related to the importation:
    1. Type and quantity of cargo;
    2. Estimated date of loading and arrival;
    3. Supplier of Cargo;
    4. Estimated FOB price, freight and insurance cost;
    5. Vessel particulars;
    6. Ports of loading and discharge
  2. Documents to be attached to the written notice
    1. Proforma Invoice
    2. Guaranteed specification of the product

Procedures

Oil Industry Management Bureau

  1. Submission of written notice
  2. Evaluation of notice/ preparation of acknowledgment letter
  3. Review/ endorsement for approval of acknowledgment letter
  4. Approval of Acknowledgment Letter
  5. Recording/ transmittal of acknowledgment letter

NTMs

  1. OIMB – Notice Prior to Engagement in any Activity or Business in the Downstream Oil Industry
  2. OIMB – Tariff duty for imported crude oil and imported refined petroleum products
  3. OIMB – Reportorial Requirement after importation of crude oil, petroleum products and petroleum based products

Import Status

Regulated

For Exports

Regulating Agencies

No Regulating Agencies

Status

NTMs

No Related NTMs

Tariff Schedules

Visit the Philippine Tariff Commission (TC) through its Philippine Tariff Finder (PTF).

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