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EXECUTIVE ORDER NO. 833 -
CERTIFYING THAT THE PRODUCTION OF FIBERGLASS INSULATION MATERIALS, AS A
PREFERRED PIONEER INDUSTRY, SHALL BE ENTITLED TO POST-OPERATIVE TARIFF
PROTECTION
|
| Pursuant
to the power vested in me by Article 46(d) of Presidential Decree No.
1789, otherwise known as the “Omnibus Investment Code,” I FERDINAND E.
MARCOS, President of the Philippines, upon the recommendation of the
Board of Investments (BOI), do hereby certify, direct and order: SECTION 1. The production in the Philippines of fiberglass insulating materials, as a preferred pioneer industry, shall be entitled to post-operative tariff protection by increasing the tariff rates of imported glass wool and mineral wool insulating products which are similar to those being manufactured or produced by ACI FIBERGLASS (PHILS.) INC., a BOI registered pioneer enterprise operating on a commercial scale. SECTION 2. The articles specifically listed hereunder as classified under Section 104 of Presidential Decree No. 1464, as amended, shall pay the following rates of import duty. Tariff Heading Description of Rate of Duty No. Article Present Recommended Effective on or after January 1 1983-1985 1986 1987 68.07 Slag, wool, rock wool and similar mineral
exfoliated, vermiculite, expanded clays, foamed slag and similar expanded mineral materials; mixtures and articles of heat-insulating, sound-insulating or sound- absorbing mineral materials, (Unified other than those falling in rate of Heading Nos. 68.12 or ad. val. 681 3, or in chapter 69 20%) A. Panels and Boards ad. val. 40% 30% 20%
Made of Mineral Wool
B. Others
ad. val. 20% 20% 20%70.20 Glass fibre (including
wool), yarns, fabrics
and articles made therefrom: A. Glass fibre (including
wool) ad. val.
30% B. Others ad. val. 40% a. Glass Fibre ad. val. 30% 30% 30% b. Glass Wool and
Products
ad. val. 40% 30% 40%
c. Others
ad. val.
40% 40% 40%SECTION 3. Any unwarranted increase in the prices of local products benefited by these tariff changes shall constitute tariff rates. The Board of Investments shall make the proper representations with the Tariff Commission for appropriate action in accordance with Section 401 of the Tariff and Customs Code. SECTION 4. All Orders, Rules and Regulations or parts thereof inconsistent with the provisions of this order are hereby repealed. Done in the City of Manila, this 4th day of October in the year of Our Lord, nineteen hundred and eighty-two. |
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