EXECUTIVE ORDER NO. 227, March 04, 1995
REDUCING THE RATES OF IMPORT DUTY ON CEMENT AND CEMENT CLINKER UNDER SECTION 104 OF PRESIDENTIAL DECREE NO. 1464, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED
WHEREAS, under Executive Order No. 94 as
amended by Executive Order No. 116 series of 1993, portland cement and cement
clinker had rates of import duty of 5% and 3%, respectively, until June 30,
1994;
WHEREAS, with the expiration of the said
Executive Order, the subject articles are now levied rates of duty of 20% and
10%, respectively, under Executive Order No. 470, s. 1992;
WHEREAS, in view of the sharp increase
in the demand for cement in the domestic market, the continued importation of
subject articles is imperative to avert a possible shortage in the local supply
that may otherwise result in the spiralling of the prices thereof; and
WHEREAS, there is a need to reduce the
tariff rates on subject articles to sustain their importation;
NOW, THEREFORE, I, FIDEL V. RAMOS,
President of the Republic of the Philippines, by virtue of the powers vested in
me by Section 401 of the Tariff and Customs Code, do hereby order:
Section 1. The following articles under Section 104
of the Tariff and Customs Code, as amended, shall have rates of import duty in
accordance with the schedule indicated opposite each article as listed below:
|
Hdg. No.
|
Harmonized System Code
|
Description
|
Rate of Duty (%)
|
|
|
1995
|
1 January 1996
|
|||
| 25.23 |
Portland cement, aluminous cement (“ciment fondu”), slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers.
|
|||
| 2523.10 |
– Cement clinkers:
|
|||
| 2523.10 10 |
– – – Cement clinker other than for white cement
|
3 |
3 |
|
| 2523.10 90 |
– – – x x x
|
|||
|
– Portland cement:
|
||||
| 2523.21 00 |
– – x x x
|
|||
| 2523.29 00 |
– – Other
|
3 |
3 |
|
| 2523.30 00 |
– x x x
|
|||
| 2523.90 |
– Other hydraulic cements:
|
|||
| 2523.90 10 |
– – – Pozzolan cement and blended pozzolan cement
|
10 |
10 |
|
| 2523.90 90 |
– – – x x x
|
|||
Section 2. Upon effectivity of this Executive
Order, the aforementioned articles which are entered or withdrawn from
warehouses in the Philippines for consumption shall be levied the duties herein
prescribed.
Section 3. All executive orders, issuances, rules
and regulations or parts thereof inconsistent with this Executive Order are
hereby repealed or modified accordingly.
Section 4. This Executive Order shall take effect
immediately upon its publication in two (2) national newspapers of general
circulation in the Philippines.
DONE in the City of Manila, this 4th day of
March in the year of Our Lord, Nineteen Hundred and Ninety-Five.
(Sgd.) FIDEL V. RAMOS
President of the Philippines
By the
President:
(Sgd.) TEOFISTO
T. GUINGONA, JR.
Executive Secretary
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