Release of Equivalent of Taxes and Duty to EDPITAF on Importation of Newsprint
Letter of Instructions No. 915, issued on August 16, 1979, authorizes the Educational Development Projects Implementing Task Force (EDPITAF) to import newsprint tax-and-duty-free for educational material printing. This importation, facilitated through international bidding, aims to support book publishers in producing essential educational resources. The Ministry of the Budget is responsible for releasing the equivalent of the taxes and duties to EDPITAF for these imports. The National Economic and Development Authority (NEDA) will determine the volume of imports based on supply shortages, with the authority set to expire one year from the signing unless renewed.
Law Information
- Reference Number
- Letter of Instructions No. 915
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Letters of Instructions
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 16, 1979
LETTER OF INSTRUCTIONS NO. 915
| TO | : | Educational Development Projects Implementing |
| Task Force (EDPITAF) | ||
| National Economic and Development Authority | ||
| (NEDA) | ||
| Ministry of the Budget |
1. The EDPITAF, through the Textbook Board, is allowed to import newsprint, through international bidding, for the benefit of the book publishers for the printing of educational materials, including those for use as basic pads and notebooks, on a tax-and-duty-free basis.
2. The Budget Ministry is to release the equivalent of taxes and duty to the EDPITAF on the required importation.
3. The volume of this importation is to be ascertained by the National Economic and Development Authority and will be determined for the duration of the shortage in supplies of newsprint, but which authority will expire one year from this signing, unless further renewed.
DONE in the City of Manila, this 16th day of August, in the year of Our Lord, Nineteen Hundred and Seventy-Nine. cd
Cite This Law
Release of Equivalent of Taxes and Duty to EDPITAF on Importation of Newsprint, Letter of Instructions No. 915, Aug 16, 1979 (Philippines)
Release of Equivalent of Taxes and Duty to EDPITAF on Importation of Newsprint, Letter of Instructions No. 915 (Phil. 1979)
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