Imposing Special Duties on Crude Oil and Oil Products Under Section 104 of the Tariff and Customs Code

August 23, 1991 EXECUTIVE ORDER NO. 478 IMPOSING SPECIAL DUTIES ON CRUDE OIL AND OIL PRODUCTS UNDER SECTION 104 OF THE TARIFFAND CUSTOMSCODE OF THEPHILIPPINES, 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, CORAZON C. AQUINO, President of the Philippines, do hereby order: SECTION 1.A special duty of P0.95 per liter or P151.05 per barrel on imported crude oil falling under Hdg. No. 27.09 and P1.00 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 SECTION 2.Upon the effectivity of this Executive Order, the articles listed in Annex "A" hereof when entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the additional rates of duty prescribed therein. cdt SECTION 3.This Executive Order shall take effect after thirty (30) days following its publication in two (2) national newspapers of general circulation in the Philippines. cd i DONE in the City of Manila, this 23rd day of August, in the year of Our Lord, Nineteen Hundred and Ninety-One. 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 P0.95/liter or P151.05/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 more of 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 basestock when imported with special authorization by the Energy Regulatory Board 10% ad val. plus P1.00/liter 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 naptha 10% ad val. plus P1.00/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 P1.00/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 P1.00/liter 2710.00 90 - - - Other oils and preparations 20% ad val. plus P1.00/liter 27.11 Petroleum gases and other gaseous hydrocarbons - Liquefied: 2711.11 00 - - Natural gas 10% ad val. plus P1.00/liter 2711.12 00 - - Propane 10% ad val. plus P1.00/liter 2711.13 00 - - Butanes 10% ad val. plus P1.00/liter 2711.14 00 - - Ethylene, propylene, butylene and butadiene 10% ad val. plus P1.00/liter 2711.19 00 - - Other 10% ad val. plus P1.00/liter - In gaseous state: 2711.21 00 - - Natural gas 10% ad val. plus P1.00/liter 2711.29 00 - - Other 10% ad val. plus P1.00/liter Published in the Official Gazette, Vol. 87 No. 45 Page 6818 on November 11, 1991.