GTEB CIRCULAR NO. 003, February 17, 1993
LOCAL VALUE ADDED (1993)
National Administrative Register February 17, 1993
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