"Sec.
145. Manufactured oils and other
fuels. — There shall be collected on refined and manufactured mineral
oils
and motor fuels, the following specific taxes which shall attach to the
goods hereunder enumerated as soon as they are in existence as
such:
"(1) Lubricating
oils and greases including but not limited to base stock for lube oils
and greases, high vacuum distillates, aromatic extracts and other
similar
preparations, and additives for lubricating oils and greases whether
such
additives are petroleum based or not, per liter of volume capacity,
Four
pesos and fifty centavos (4.50): Provided, however, That the specific
taxes
paid on the purchased feedstock (bunker) used in the manufacture of
excisable
articles and forming part thereof shall be credited against the
specific
tax due therefrom: Provided, further, That lubricating oils and greases
produced from base stocks and additives on which the specific tax has
already
been paid shall no longer be subject to specific tax;
"(2) Processed
gas, per liter of volume capacity, Five centavos (P0.05);
"(3) Waxes
and petroleum, per kilogram, Three pesos and fifty centavos (P3.50);
"(4) On
denatured alcohol to be used for motive power, per liter of volume
capacity,
Five centavos (P0.05); Provided, That unless otherwise provided by
special
laws, if the denatured alcohol is mixed with gasoline, the specific tax
on which has already been paid, only the alcohol content shall be
subject
to the tax herein prescribed. For purposes of this subsection, the
removal
of the denatured alcohol of not less than one hundred eighty degrees
proof
(ninety percent absolute alcohol) shall be deemed to have been removed
for motive power, unless shown otherwise;
"(5) Naphtha,
regular gasoline and other similar products of distillation, per liter
of volume capacity, Two pesos and twenty-eight centavos (P2.28);
"(6) Premium
gasoline, per liter of volume capacity, Two pesos and fifty-two
centavos
(P2.52);
"(7) Aviation
turbo jet fuel, per liter of volume capacity, Two pesos and
thirty-eight
centavos (P2.38);
"(8) Kerosene,
per liter of volume capacity, Fifty centavos (P0.50); chanrobles virtuallaw libraryred
"(9) Diesel
fuel oil, and on similar fuel oils having more or less the same
generating
power, per liter of volume capacity, Forty-five centavos (P0.45);
"(10) Liquefied
petroleum, per liter, zero (P0.00): Provided, That liquefied petroleum
gas used for motive power shall be taxed at the equivalent rate as the
specific tax on diesel fuel oil;
"(11) Asphalts,
per kilogram, Fifty-six centavos (P0.56); chanrobles virtuallaw libraryred
"(12) Bunker
fuel oil, and on similar fuel oils having mere or less the same
generating
power, per liter of volume capacity, zero (P0.00); and
"(13) Naphtha,
when used as a raw material in the production of petrochemical
products,
per liter of volume capacity, zero (P0.00): Provided, That naphtha
processed
by domestic refineries, if available as determined by the Energy
Regulatory
Board, shall be utilized before any naphtha may be imported for this
purpose;
Provided, further, That the by-product including fuel oil, diesel fuel,
kerosene, pyrolysis gasoline, liquefied petroleum gases and similar
oils
having more or less the same generating power, which are produced in
the
processing of naphtha into petrochemical products shall be subject to
the
applicable specific tax specified in this section, except when such
by-products
are transferred to any of the local oil refineries through sale,
barter,
or exchange, for the purpose of further processing or blending into
finished
products which are subject to specific tax under this section."