Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles
Republic Act No. 1768, enacted on June 21, 1957, amends a previous law to provide customs duty exemptions for ramie goods processed abroad from 100% Philippine-grown ramie fiber. These exemptions apply when the products are exported by a government agency designated by the President and sourced directly from farmer-producers or their cooperatives. The exemption will last for two years or until the establishment of sufficient local processing facilities, as recommended by the National Economic Council. The law aims to incentivize the development of the Philippine ramie industry.
Quick Answers
- What is Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles about?
- Republic Act No. 1768, enacted on June 21, 1957, amends a previous law to provide customs duty exemptions for ramie goods processed abroad from 100% Philippine-grown ramie fiber. These exemptions apply when the products are exported by a government agency designated by the President and sourced directly from farmer-producers or their cooperatives. The exemption will last for two years or until the establishment of sufficient local processing facilities, as recommended by the National Economic Council. The law aims to incentivize the development of the Philippine ramie industry.
- What type of law is Republic Act No. 1768?
- Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles (Republic Act No. 1768) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles enacted?
- Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles (Republic Act No. 1768) was enacted on Jun 21, 1957.
- What is the citation for Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles?
- Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles, Republic Act No. 1768, Jun 21, 1957 (Philippines)
Law Information
- Reference Number
- Republic Act No. 1768
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 21, 1957
REPUBLIC ACT NO. 1768
AN ACT TO AMEND REPUBLIC ACT NUMBERED ONE THOUSAND THREE HUNDRED NINETY-TWO, ENTITLED "AN ACT TO AMEND SECTION ELEVEN OF THE PHILIPPINE TARIFF ACT OF 1909 AND EXEMPTING TEXTILES MADE OF ONE HUNDRED PER CENT PHILIPPINE RAMIE FIBER FROM THE PAYMENT OF DUTY TO PROVIDE INCENTIVES FOR THE DEVELOPMENT OF THE RAMIE INDUSTRY"
SECTION 1. Section one of Republic Act Numbered One thousand three hundred ninety-two is amended to read as follows: cdt
"Sec. 1. Ramie threads, yarns, textiles and industrial fabrics hereinafter also called ramie goods, when processed abroad from one hundred per cent ramie fiber grown in the Philippines and brought direct from the farmer-producers or from any of their cooperatives by any government agency designated by the President of the Philippines and by it exported abroad in exchange therefor when their importation is made through the government agency so designated by the President shall be exempt from the payment of customs duties under the tariff laws in force and the special import tax under Republic Act Numbered One thousand three hundred ninety-four: Provided, That such tax-exempt importation herein contemplated shall be allocated proportionately among the original farmer-producers or any of their cooperatives from whom the government agency herein specified obtained the ramie fiber for processing abroad. acd
"The exemption above granted shall cease two years after the date of approval of this amendatory Act or at any earlier date upon proclamation by the President, upon recommendation of the National Economic Council, to the effect that sufficient degumming, spinning and/or weaving mills to process the entire production of ramie fiber have been established in the country."
SECTION 2. The title of Republic Act Numbered One thousand three hundred ninety-two is amended to read as follows:
"An Act exempting textiles made of one hundred per cent Philippine ramie fiber from the payment of duty and the special import tax to provide incentives for the development of the ramie industry." cdt
SECTION 3. This Act shall take effect upon its approval.
Approved: June 21, 1957
Published in the Official Gazette, Vol. 53, No. 17, p. 5517 on September 15, 1957
Cite This Law
Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles, Republic Act No. 1768, Jun 21, 1957 (Philippines)
Amendments to R.A. No. 1392 Re: Exemption from Customs Duties and Import Tax of Ramie Textiles, Republic Act No. 1768 (Phil. 1957)
Related Laws
- Amendment to R.A. No. 1392 (Tax Exemption for Textiles Made of 100% Philippine Ramie Fiber)Republic Act No. 2353 • Jun 20, 1959 • Statutes
- Amendment to Philippine Tariff Act of 1909 Re: Tax Exemptions to Ramie IndustryRepublic Act No. 1392 • Aug 23, 1955 • Statutes
- Amendments to R.A. No. 3127 Re: Tax Exemption for Basic IndustriesRepublic Act No. 4095 • Jun 19, 1964 • Statutes
- Tax Exemption for Sale and Import of "Naphtha"Republic Act No. 4068 • Jun 18, 1964 • Statutes
- Exemption of Certain Articles from Special Import TaxRepublic Act No. 2665 • Jun 18, 1960 • Statutes
- Exemption from Customs Duties of Imported Crude Oil Used for Refining Petroleum Products Sold to the PALLetter of Instructions No. 1415 • Jul 16, 1984 • Presidential Issuances
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