Amendments to Paragraphs 73.11 and 73.21 of Chapter 73, Schedule XV of Tariff and Customs Code
Republic Act No. 2073, approved on June 13, 1958, amends specific provisions of the Tariff and Customs Code of the Philippines related to the import duties on various iron and steel products. It revises Paragraph 73.11 to outline new ad valorem rates for angles, shapes, sections, and sheet piling, with rates varying based on dimensions and assembly status. Paragraph 73.21 is amended to impose an 80% ad valorem duty on assembled structures made from cast iron, iron, or steel. This Act took effect upon its approval and was published in the Official Gazette.
Law Information
- Reference Number
- Republic Act No. 2073
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 13, 1958
REPUBLIC ACT NO. 2073
AN ACT TO AMEND PARAGRAPHS 73.11 AND 73.21 OF CHAPTER 73, SCHEDULE XV, OF REPUBLIC ACT NUMBERED NINETEEN HUNDRED THIRTY-SEVEN, OTHERWISE KNOWN AS TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AND FOR OTHER PURPOSES
SECTION 1.Paragraph 73.11 of Chapter 73, Schedule XV, of Republic Act Numbered Nineteen hundred thirty-seven is hereby amended to read as follows:
"73.11 Angles, shapes, sections and sheet piling, of iron or steel, hot-rolled, forged or cold-finished, whether or not drilled or punched, but not assembled: cdt
| A. | Angles of which the maximum cross-sectional dimension does not exceed eighty-eight millimeters and channels of which the maximum cross-section dimension does not exceed seventy-five millimeters | ad val. 25% |
| B. | Riveted, welded, punched, or drilled | ad val. 80% |
| C. | Other | ad val. 15%." |
SECTION 2.Paragraph 73.21 of Chapter 73, Schedule XV, of Republic Act Numbered Nineteen hundred thirty-seven, is hereby amended to read as follows:
| "73.21 | Assembled sheet pilling of cast iron, iron or steel; girders, beams, joists and pillars made from assembled elements; structures and finished parts for assembly into structures (e.g., bridge sections, roofing frameworks, shutters, pylons, balconies, balustrades, verandas, window and frames) of cast iron, iron or steel | ad val. 80%." |
SECTION 3. This Act shall take effect upon its approval.
Approved: June 13, 1958
Published in the Official Gazette, Vol. 54, No. 15, p. 4462 on July 21, 1958
Cite This Law
Amendments to Paragraphs 73.11 and 73.21 of Chapter 73, Schedule XV of Tariff and Customs Code, Republic Act No. 2073, Jun 13, 1958 (Philippines)
Amendments to Paragraphs 73.11 and 73.21 of Chapter 73, Schedule XV of Tariff and Customs Code, Republic Act No. 2073 (Phil. 1958)
Related Laws
- Amendment to Heading 73.14, Chapter 73, Schedule XV, Section 104 of R.A. No. 1937 (Tariff and Customs Code)Republic Act No. 3012 • Jun 19, 1960 • Statutes
- Amendments to Sec. 104, Schedule XV, Chapter 83, Heading 83.07 and 83.15 of Tariff and Customs CodeRepublic Act No. 2184 • May 6, 1959 • Statutes
- Amendments to Par. 71.02, 71.03 and 71.04 of Chap. 71, Sched. XIV of R.A. No. 1937 (Tariff and Customs Code)Republic Act No. 3005 • Jun 19, 1960 • Statutes
- Tariff and Customs Code of the PhilippinesRepublic Act No. 1937 • Jun 22, 1957 • Statutes
- Tariff and Customs Code of the Philippines - Volume II2008 Tariff and Customs Code of the Philippines (Presidential Decree No. 1464) • Presidential Issuances
- 1999 Tariff and Customs Code of the Philippines (Volume II)1999 Tariff and Customs Code of the Philippines (Presidential Decree No. 1464) • Presidential Issuances
Browse More Statutes
Explore other laws in the Statutes category.
View All StatutesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law