WHEREAS, Martial Law has been declared
throughout the Philippines pursuant to Proclamation No. 1081, dated
September 21, 1972; chanroblesvirtualawlibrary
WHEREAS, among the bases of said Proclamation is the economic anarchy
perpetrated by some elements, especially in the form of importation
into the Philippines of goods, merchandise, commodities, wares,
articles and other items on which taxes and duties/charges are due but
which taxes and duties/charges are not paid, to the detriment of the
economic life of the Nation;chanroblesvirtualawlibrary
WHEREAS, in order to insure that all concerned will pay the correct
amount of taxes and/or duties/charges on the goods, merchandise, wares,
articles and other items they import into the Philippines for personal
use, or sale, wholesale or retail, if it is necessary that such
importers, possessors and/or dealers in imported goods, merchandise,
wares, articles and other items be dealt with expeditiously according
to the existing laws, rules and regulations;chanroblesvirtualawlibrary
WHEREAS, the implementation of this Decree will be more effective if
the violators hereof can be immediately immobilized to prevent them
from further engaging in the same unlawful and nefarious activities;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, in my capacity as
Commander-in-Chief of all the Armed Forces of the Philippines, and
pursuant to Proclamation No. 1081, dated September 21, 1972 and
Presidential Decree No. 1, dated September 24, 1972, do hereby order
and decree: chanroblesvirtualawlibrary
1. That any importer, dealer, holder, possessor, or
owner of items, commodities, goods, articles or merchandise, the taxes,
duties and other charges on which have not been paid or not correctly
paid because of misdeclaration, misclassification, undervaluation
and/or other fraudulent means shall be relieved of any penalty,
surcharge or increment thereon and of any criminal liability under the
National Internal Revenue Code, Customs and Tariff Code or any other
laws applicable thereto if the correct and full taxes, duties and
charges thereon are paid on or before December 15, 1972;chanroblesvirtualawlibrary
2. That any persons, natural or juridical such as
dealers of Post Exchange (PX) goods from United States Armed Forces
Bases in the Philippines, commuters goods, misdeclared or
misclassified, undervalued and/or acquired through any other fraudulent
means, imported articles and similar items who avails of the immunity
herein granted shall submit under oath a true inventory or list of such
commodities, goods, wares, merchandise, articles, or other items
indicating the description, vital markings and/or brands and values,
thereof to the nearest Bureau of Internal Revenue Offices which shall
process and prepare the necessary assessment and collect the
corresponding taxes, duties and charges thereon;chanroblesvirtualawlibrary
3. That any person, natural or juridical who fails to
settle his/its accounts with the government and/or caught in possession
of untaxed or improperly taxed articles, goods, wares, merchandise or
items after December 15, 1972, shall be immediately arrested and
detained until ordered released by me or by my duly authorized
representative, and the goods, articles, merchandise, and other items
in question shall be confiscated and the licenses of the offender to
operate shall be cancelled; chanroblesvirtualawlibrary
All laws, rules and regulations which are inconsistent herewith are
amended or modified accordingly.
The Secretary of Finance shall issue the necessary rules and
regulations to implement this Decree.
This Decree shall take effect immediately.
Done in the City of Manila,
this 16th day of November, in the year of Our Lord, nineteen hundred
and seventy-two.
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