Increasing the Special Duties on Crude Oil and Oil Products Under Section 104 of the TCC

July 24, 1993 EXECUTIVE ORDER NO. 115 INCREASING THESPECIAL DUTIES ON CRUDE OIL AND OIL PRODUCTS UNDER SECTION 104 OF THE TARIFFAND CUSTOMSCODE OF THE PHILIPPINES, AS AMENDED Pursuant to the powers vested in me under Sections 104 and 401 of the Tariff and Customs Code of the Philippines, as amended, I, FIDEL V. RAMOS, President of the Philippines, do hereby order: SECTION 1.A special duty of P1.90 per liter or P302.10 per barrel on imported crude oil falling under Hdg. No. 27.09 and P2.00 per liter on imported oil products falling under Hdg. Nos. 27.10 and 27.11 of Section 104 of the Tariff and Customs Code of the Philippines, as amended, and listed in Annex "A" hereof shall be levied in addition to the existing ad valorem rates imposed on these articles. SECTION 2.Upon the effectivity of this Executive Order, the articles listed in Annex "A" hereof when entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the new additional rates of duty prescribed therein. asia dc SECTION 3.The special duties imposed by Executive Order No. 478 on crude oil and imported oil products are hereby amended. All other laws, Executive Orders, rules and regulations inconsistent with this Order are hereby modified, amended or repealed accordingly. SECTION 4.This Executive Order shall take effect after thirty (30) days following its publication in two (2) national newspapers of general circulation in the Philippines. DONE in the City of Manila, this 24th day of July, in the year of Our Lord, Nineteen Hundred and Ninety-Three. ANNEX A NOMENCLATURE AND SPECIAL DUTY ON CRUDE OIL AND OIL PRODUCTS HS HDG NO DESCRIPTION RATE OF DUTY 2709.00 00 Petroleum oils and oils obtained from bituminous minerals, crude. 10% ad val. plus P1.90/liter or P302.10/barrel 2710.00 00 Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or moreof petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations. 2710.00 10 - - - x x x 2710.00 20 - - - Lubricating oil, including lubricating oil basestocks when imported with special authorization by the Energy Regulatory Board 2710.00 30 - - - Fuel oils, naptha, low aromatic solvents: 2710.00 31 - - - - Fuel oils 10% ad val. 2710.00 32 - - - - Naptha, when imported with special authorization by the Energy Regulatory Board 10% ad val. 2710.00 33 - - - - Other naphtha 10% ad val. plus P2.00/liter 2710.00 34 - - - - Low aromatic solvents, when imported with special authorization by the Energy Regulatory Board 10% ad val. 2710.00 35 - - - - Other low aromatic solvents 10% ad val. plus P2.00/liter 2710.00 40 - - - x x x 2710.00 50 - - - Gas oils (including diesel oil), kerosene (including kerosene type jet fuel) and motor gasoline; other heavy oils: 2710.00 51 - - - - Gas oils (including diesel oil), when imported with special authorization by the Energy Regulatory Board 20% ad val. 2710.00 59 - - - - Other 20% ad val. plus P2.00/liter 2710.00 90 - - - Other oils and preparations 20% ad val. plus P2.00/liter 27.11 Petroleum gases and other gaseous hydrocarbons - Liquefied: 2711.11 00 - - Natural gas 10% ad val. plus P2.00/liter 2711.12 00 - - Propane 10% ad val. plus P2.00/liter 2711.13 00 - - Butanes 10% ad val. plus P2.00/liter 2711.14 00 - - Ethylene, propylene, butylenes and butadiene 10% ad val. plus P2.00/liter 2711.19 00 - - Other 10% ad val. plus P2.00/liter - In gaseous state: 2711.21 00 - - Natural gas 10% ad val. plus P2.00/liter 2711.29 00 - - Other 10% ad val. plus P2.00/liter Published in Malaya and the Philippine Times Journal on July 28, 1993. Published in the Official Gazette, Vol. 89 No. 37 Page 5225 on September 13, 1993.