Modifying the Rates of Import Duty on Certain Imported Articles Under R.A. No. 1937
Executive Order No. 484 • Presidential Issuances • Executive Orders • Apr 21, 1977
Full text
April 21, 1977 EXECUTIVE ORDER NO. 484 MODIFYING THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER REPUBLIC ACT NO.1937, OTHERWISE KNOWN AS THE TARIFF ANDCUSTOMSCODE OF THEPHILIPPINES, AS AMENDED Pursuant to the powers vested in me by Section 401 of Republic Act No. 1937, as amended, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order: asia dc SECTION 1. The articles specifically listed hereunder as classified under Section 104 of Republic Act No. 1937 as amended by Presidential Decree No. 34, shall pay the following rates of import duty: cdt Tariff Heading No. Description of Articles Rate of Duty Proposed Present 40.11 Rubber tyres, tyre cases, interchangeable tyre threads, inner tubes and tyre flaps, for wheels of all kinds: A. For aircraft, tractors, (and) earth moving equipment, (30%) AUTOMOBILES AND TRUCKS ................... ad val. (50%) 30% B. Other ................................... ad val. 50% 50% SECTION 2. After the expiration of thirty (30) days from the issuance of this Order, all the above-described articles entered or withdrawn from warehouse in the Philippines for consumption shall be subject to the rates of import duty herein prescribed. SECTION 3. Any unwarranted increase in the prices of local products benefitted by these tariff changes may be sufficient ground for the revocation of such tariff changes. DONE in the City of Manila, this 21st day of April, in the year of Our Lord, Nineteen Hundred and Seventy-Seven. Published in the Official Gazette, Vol. 73 No. 27, 4764-1 Supp., on July 6, 1977.
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