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PRESIDENTIAL DECREE NO. 1252
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PRESIDENTIAL DECREE NO. 1252 -
AMENDING PRESIDENTIAL DECREE NO. 1193 ENTITLED, "AUTHORIZING THE
TOURIST DUTY FREE SHOPS, INC. TO ESTABLISH AND OPERATE DUTY AND TAX
FREE STORES AND REQUIRING IT TO PAY FRANCHISE TAX IN LIEU OF ALL OTHER
TAXES"
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chanroblesvirtualawlibrary
WHEREAS,
there is need to rationalize the availment of the privileges by
identifying who shall be allowed to purchase duty and tax free articles
or merchandise;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order and decree the following:cralaw:red
Section 1. Section six of Presidential Decree No.
1193 is hereby amended to read as follows:cralaw:red
"Sec. 6. Imported articles/merchandise in stock in
such Tourist Duty-Free Shops may be sold duty/tax free to: chanroblesvirtualawlibrary
"a) Foreign embassies, legations, consular offices
except consuls ad honorem who are nationals of the Philippines, and
other foreign governments and/or international agencies, institutions,
associations, or organizations, entitled to exemptions pursuant to
agreements or special laws, without the necessity of securing prior
approval from the departments of Foreign Affairs and Finance;chanroblesvirtualawlibrary
"b). .
"c). .
"d). .
Section 2. This Decree shall take effect
immediately. chanroblesvirtualawlibrary
Done in the City of Manila,
this 28th day of November, in the year of Our Lord, nineteen hundred
and seventy-seven.
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