Economy January 3, 2018 | 8:16 pm

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Customs starts charging RD$2.0/gallon of gasoline, diesel

Santo Domingo.- The Customs Agency announced Wed. that the fuel sector must comply with the RD$2.0 per gallon advance on dispatched gasoline and diesel.

In a notice to importers, concessionaires or owners of gasoline or diesel terminals, fuel distributors, and the general public, Customs says the measure complies with article 19 of Budget Law 2018.

“In the case of the collection of the two pesos (RD$2.00) per gallon to the consumption of gasoline and diesel, regular and premium, indicated in the aforementioned paragraph I of article 20 of Law no. 253-12, it is established that this is done by the General Customs Directorate when said merchandise is dispatched,” article 19 says.

The RD$2.00 payment is an advance that must be made when importing those hydrocarbons.

It’s estimated that if the collection for the program to renew public transport vehicles earns around RD$95.4 million in 2018, and 25% of that would come from the RD$2.00 tax on each gallon of consumed in gasoline and diesel sold locally, it  would mean revenue of RD$23.9 million.

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