GTEB CIRCULAR NO. 003, February 17, 1993

LOCAL VALUE ADDED (1993)

National Administrative Register February 17, 1993
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The Board in its meeting of February 04, 1993 approved the following guiding rates for the purpose of Local Value Added (LVA) compliance in 1993;

EQ – 34%                              EA – 90%

For information and guidance, of all concerned.

Adopted: 17 Feb. 1993

(Sgd.) ATTY. AURORA MA. F. TIMBOL
Executive Director