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Presidential Decree No. 1932

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PRESIDENTIAL DECREES





PRESIDENTIAL DECREE NO. 1932

PRESIDENTIAL DECREE NO. 1932 - MODIFYING THE RATE OF CUSTOMS DUTIES ON CORN AND COAL AND COKE


WHEREAS, excessively high tariff rates encourage inefficient domestic production;

WHEREAS, particularly in the case of basic commodities, an adequate level of tariff protection for domestic producers should be maintained;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree:

Section 1. Tariff Heading No. 10.05 of Chapter 10 and Nos. 27.01 and 27.04 of Chapter 27 of Presidential Decree NO. 1464, as amended, is hereby further amended to read as follows:

Duty Rate
1984 1985
"10.05.000 Maize . . . Ad. Val.10% 10%
"27.01.00 Anthracite, whether
or not pulverized,
but not agglomerated Ad. Val. 20% 20%
"27.01.200 Other coal, whether
or not pulverized,
but not agglomerated Ad. Val. 20% 20%
"27.01.300 Briquettes, ovoids
and similar solid
fuels manufactured
from coal . . . Ad. Val.20% 20%
"27.04.100 Coke and semi-coke
of coal, retort,
carbon . . . Ad. Val.20% 20%
"27.04.200 Coke and semi-coke
of lignite or peat Ad. Val.20% 20%

Sec. 2. All laws, Executive Orders, Letters of Instructions, rules and regulations inconsistent herewith are hereby repealed or modified accordingly.

Sec. 3. This Decree shall take effect on August 15, 1984.

Done in the City of Manila, this 11th day of June, in the year of Our Lord, Nineteen Hundred and Eighty-Four.

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