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PRESIDENTIAL DECREE NO. 326
PRESIDENTIAL DECREE NO. 326 -
EXEMPTING IMPORTED AND/OR CONSIGNED READY-MADE KRAFT PAPER BAGS FROM
PAYMENT OF DUTIES, TAXED AND OTHER CHARGES
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WHEREAS,
the government has been extending support to the cement industry,
especially in its present efforts to promote cement as an export
product;chanroblesvirtualawlibrary
WHEREAS, there exists an urgent need for kraft paper cement bags since
local paper manufacturers cannot meet the demands of the cement
industry for kraft paper bags to be used for cement intended for export;chanroblesvirtualawlibrary
WHEREAS, under the existing provision of Section 105 (m) of the Tariff
and Customs Code, as amended by Presidential Decree No. 34, containers,
holders and other similar receptacles of any material except paper,
paperboard, and textile fabrics, are exempted from customs duties
subject to the filing of a re-export bond;chanroblesvirtualawlibrary
WHEREAS, to meet the immediate needs of cement manufacturers for
containers, it is necessary that kraft paper bags be allowed to be
imported under certain conditions;chanroblesvirtualawlibrary
WHEREAS, the National Economic and Development Authority as well as the
Cement Industry Authority have recommended that ready-made kraft paper
bags be allowed to be brought into the country free of customs duties
subject to the filing of re-export bond by the cement companies to be
used as containers for cement intended for export;chanroblesvirtualawlibrary
NOW, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of
the powers vested in me by the Constitution as Commander-in-Chief of
all the Armed Forces of the Philippines and pursuant to Proclamation
No. 1081 dated September 21, 1972, and General Order No. 1, dated
September 22, 1972, as amended, do hereby order and decree that the
provisions of Section 105(m) of the Tariff and Customs Code as amended
by Presidential Decree No. 34, be further amended, to allow the
importation of kraft paper bags for cement intended for export under
certain conditions, and to read as follows:cralaw:red
"m. Containers, holders and other similar receptacle
of any material including kraft paper bags for locally manufactured
cement for export except paperboard and textile fabrics which are of
such character as to be readily identifiable and/or re-usable for
shipment or transportation of goods shall be delivered to the importer
thereof upon identification, examination and appraisal and the giving
of a bond in an amount equal to one and one-half times the ascertained
duties, taxes and other charges thereof, conditioned for the
exportation thereof or payment of the corresponding duties, taxes and
other charges within six (6) months from the date of acceptance of
entry.
The importation of kraft paper bags for cement intended for export
shall be subject to the following further conditions:cralaw:red
1. That imported and/or consigned cement bags are
re-exported within a reasonable period of time; and chanroblesvirtualawlibrary
2. That the quantities of importation and/or
consignments be subject to prior review and approval of the Cement
Industry Authority."
This Decree shall take effect immediately.
Done in the City of Manila this
30th day of October, in the year of Our Lord, nineteen hundred and
seventy-three.
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Since 19.07.98
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