Amendment to Philippine Tariff Act of 1909
Republic Act No. 571, approved on September 5, 1950, amends the Philippine Tariff Act of 1909 by revising the duty rates for specific petroleum products. It establishes a duty of twenty-five cents per one hundred kilos for certain products like tars and mineral oils, with a minimum duty of ten percent ad valorem. For gasoline and similar products, a duty of fifty cents per one hundred kilos is set, with a minimum duty of twenty percent ad valorem. The amended rates are effective until December 31, 1952, after which the original rates will resume unless extended by Congress.
Quick Answers
- What is Amendment to Philippine Tariff Act of 1909 about?
- Republic Act No. 571, approved on September 5, 1950, amends the Philippine Tariff Act of 1909 by revising the duty rates for specific petroleum products. It establishes a duty of twenty-five cents per one hundred kilos for certain products like tars and mineral oils, with a minimum duty of ten percent ad valorem. For gasoline and similar products, a duty of fifty cents per one hundred kilos is set, with a minimum duty of twenty percent ad valorem. The amended rates are effective until December 31, 1952, after which the original rates will resume unless extended by Congress.
- What type of law is Republic Act No. 571?
- Amendment to Philippine Tariff Act of 1909 (Republic Act No. 571) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Amendment to Philippine Tariff Act of 1909 enacted?
- Amendment to Philippine Tariff Act of 1909 (Republic Act No. 571) was enacted on Sep 5, 1950.
- What is the citation for Amendment to Philippine Tariff Act of 1909?
- Amendment to Philippine Tariff Act of 1909, Republic Act No. 571, Sep 5, 1950 (Philippines)
Law Information
- Reference Number
- Republic Act No. 571
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 5, 1950
REPUBLIC ACT NO. 571
AN ACT TO AMEND PARAGRAPH TWENTY-TWO OF SECTION EIGHT OF THE PHILIPPINE TARIFF ACT OF NINETEEN HUNDRED AND NINE WHICH IS CONTINUED IN FORCE BY REPUBLIC ACT NUMBERED THREE
SECTION 1. Paragraph twenty-two of section eight of the Philippine Tariff Act of Nineteen Hundred and Nine which is continued in force by Republic Act Numbered Three is hereby amended to read as follows:
"22. Schists, bitumens, and derivatives thereof, gross weight:
"(a) Tars, pitches, and tar oils, not otherwise provided for; mineral oils, crude or refined (except gasoline, naphtha, and other similar products of distillation), including those of illumination, lubrication, fuel, or solvents, vaseline (except when compounded with other substances); axle grease of all kinds; asphaltums; carbolineum and similar compounds; one hundred kilos, twenty-five cents.
"(b) Gasoline, naphtha, and other similar products of distillation, one hundred kilos, fifty cents.
"Provided, That no article classified under clause (a) of this paragraph shall pay a less rate of duty than ten per centum ad valorem.
"Provided, further, That no article classified under clause (b) of this paragraph shall pay a less rate of duty than twenty per centum ad valorem.
"Provided, finally, That though imported under a name referable to clause (a) of this paragraph, paraffin, or other similar products, shall be classified under paragraph eighty-three of this Act."
SECTION 2. This Act shall take effect upon its approval but, unless otherwise expressly extended by Congress, the increased rates of duties provided for in this Act shall continue in force and effect only until December thirty-first, nineteen hundred and fifty-two, after which period the original rates of duties shall again be in force. cd i
Approved: September 5, 1950
Published in the Official Gazette, Vol. 46, No. 12, p. 5944 in December 1950
Cite This Law
Amendment to Philippine Tariff Act of 1909, Republic Act No. 571, Sep 5, 1950 (Philippines)
Amendment to Philippine Tariff Act of 1909, Republic Act No. 571 (Phil. 1950)
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