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EXECUTIVE ORDER NO. 328 - MODIFYING
THE NOMENCLATURE AND THE RATE OF IMPORT DUTY ON IMPORTED WHEAT FOR FOOD
UNDER SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF 1978 (PRESIDENTIAL
DECREE NO. 1464), AS AMENDED
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| WHEREAS, importation of wheat for
food is not subject to quantitative restrictions; WHEREAS, Executive Order No. 313 increased the rate of duty on said commodity to 50%; WHEREAS, it is necessary to revert the tariff rate thereon to its previous level; WHEREAS, Sec. 401 of the Tariff and Customs Code of 1978 (Presidential Decree No. 1464), as amended, empowers the President to increase, reduce, or remove existing protective rates of import duty, including any necessary changes in classification, as well as to modify the form of duty upon the recommendation of the National Economic Development Authority; NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby order: SECTION 1. The rates of import duty under heading no. 1001.90 90 of the Harmonized System (HS) Tariff and Customs Code of the Philippines are amended to read as follows: HARMONIZED
RATE OF DUTY
HDG. SYSTEM DESCRIPTION NO. CODE July 1 April- 1996 1996 1997 1998 1999 2000 10.01 Wheat and meslin 1001.10 00 - x x x 1001.90 - Other: 1001.90 10 - - Wheat used as feed 50 50 40 40 35 35 1001.90 90 - - Other 10 10 10 10 10 10 SECTION 2. Upon the effectivity of this Executive Order, the abovementioned articles which are entered into or withdrawn from warehouses in the Philippines for consumption shall be levied the rates of duty herein prescribed. SECTION 3. All Presidential issuances, administrative rules and regulations, or parts thereof, which are inconsistent with this Executive Order are hereby revoked or modified accordingly. SECTION 4. This Executive Order shall take effect immediately following its complete publication in two (2) newspapers of general circulation in the Philippines. DONE in the City of Manila, this 23rd day of April in the year of Our Lord, Nineteen Hundred Ninety-Six. |
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