Modifying the Rates of Import Duty on Certain Imported Articles as Provided Under Republic Act Numbered Nineteen Hundred Thirty-Seven, Otherwise Known as the Tariff and Customs Code of the Philippines, as Amended

November 26, 1970 EXECUTIVE ORDER NO. 275 MODIFYING THE RATES OF IMPORTDUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER REPUBLIC ACT NUMBERED NINETEENHUNDRED THIRTY-SEVEN, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMSCODE OF THE PHILIPPINES, AS AMENDED Pursuant to the powers vested in me by Section 401 of Republic Act Numbered Nineteen Hundred Thirty-Seven, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order: SECTION 1. The articles specifically listed hereunder as classified under Section 401 of Republic Act Numbered Nineteen Hundred Thirty-Seven shall pay the following rates of import duty: T.H. No. Description of Articles Rate of Duty 27.09 Petroleum and shale oils, crude ad val. 15% 27.10 Petroleum and shale oils, other than crude; preparations not otherwise provided for, containing not less than 70 per cent by weight of petroleum or shale oils, these oils being the basic constituents of the preparations: A. Light oils (e.g., petroleum other, gasoline, white spirit) ad val. 35% B. Medium oils (e.g., kerosene and tractor fuel) ad val. 15% C. Heavy oils, (lubricating oils, paraffin liquid or white oils) ad val. 20% SECTION 2. After the expiration of thirty (30) days from the issuance of this Order, all the above-described articles entered or withdrawn from warehouses, in the Philippines, for consumption shall be subject to the rates of import duty herein prescribed. SECTION 3. Any unwarranted increase in prices of local products benefited by these tariff changes may be sufficient ground for the revocation of such tariff changes. casia DONE IN THE CITY OF MANILA, this 26th day of November, in the year of Our Lord, nineteen hundred and seventy.