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PRESIDENTIAL DECREE NO. 1932



PRESIDENTIAL DECREE NO. 1932  - MODIFYING THE RATE OF CUSTOMS DUTIES ON CORN AND COAL AND COKE

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WHEREAS, excessively high tariff rates encourage inefficient domestic production; chanroblesvirtualawlibrary

WHEREAS, particularly in the case of basic commodities, an adequate level of tariff protection for domestic producers should be maintained;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:cralaw:red

Section 1.    Tariff Heading No. 10.05 of Chapter 10 and Nos. 27.01 and 27.04 of Chapter 27 of Presidential Decree NO. 1464, as amended, is hereby further amended to read as follows: chanroblesvirtualawlibrary

     Duty Rate
    1984    1985
"10.05.000     Maize.            Ad. Val.    10%    10%
"27.01.00     Anthracite, whether
        or not pulverized,
        but not agglomerated     Ad. Val.    20%    20%
"27.01.200     Other coal, whether
        or not pulverized,
        but not agglomerated     Ad. Val.    20%    20%
"27.01.300     Briquettes, ovoids
        and similar solid
        fuels manufactured
        from coal.            Ad. Val.    20%    20%
"27.04.100     Coke and semi-coke
        of coal, retort,
        carbon.            Ad. Val.    20%    20%
"27.04.200     Coke and semi-coke
        of lignite or peat        Ad. Val.    20%    20%

Section 2.    All laws, Executive Orders, Letters of Instructions, rules and regulations inconsistent herewith are hereby repealed or modified accordingly.

Section 3.    This Decree shall take effect on August 15, 1984.

Done in the City of Manila, this 11th day of June, in the year of Our Lord, Nineteen Hundred and Eighty-Four.


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