1995 / Mar

EXECUTIVE ORDER NO. 227 REDUCING THE RATES OF IMPORT DUTY ON CEMENT AND CEMENT CLINKER UNDER SECTION 104 OF PRESIDENTIAL DECREE NO. 1464, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED March 04, 1995

[ EXECUTIVE ORDER NO. 227, March 04, 1995 ]

REDUCING THE RATES OF IMPORT DUTY ON CEMENT AND CEMENT CLINKER UNDER SECTION 104 OF PRESIDENTIAL DECREE NO. 1464, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED



WHEREAS, under Executive Order No. 94 as amended by Executive Order No. 116 series of 1993, Portland cement and cement clinker had rates of import duty of 5% and 3%, respectively, until June 30, 1994;

WHEREAS, with the expiration of the said Executive Order, the subject articles are now levied rates of duty of 20% and 10%, respectively, under Executive Order No. 470, s. 1992;

WHEREAS, in view of the sharp increase in the demand for cement in the domestic market, the continued importation of subject articles is imperative to avert a possible shortage in the local supply that may otherwise result in the spiraling of the prices thereof; and

WHEREAS, there is a need to reduce the tariff rates on subject articles to sustain their importation;

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the Philippines, by virtue of the powers vested in me by Section 401 of the Tariff and Customs Code, do hereby order:

SECTION 1.The following articles under Section 104 of the Tariff and Customs Code, as amended, shall have rates of import duty in accordance with the schedule indicated opposite each article as listed below:

Hdg. No.
Harmonized System Code
Description
Rate of Duty (%)
    
1995
1 Jan. 1996
    
25.23
   Portland cement,
    aluminous cement
    ("ciment fondu"),
    slag cement,
    supersulphate
    cement and
    similar hydraulic
    cements, whether
    or not coloured
    or in the form of
    clinkers.
  2523.10 - Cement clinkers:
  2523.10 10 - Cement clinker
       other than for
       white cement
3
3
  2523.10 90 — x x x
    - Portland cement:
  2523.21 00 -- x x x
  2523.29 00 -- Other
3
3
  2523.30 00 - x x x
  2523.90 - Other hydraulic
       cements:
  2523.90 10 — Pozzolan cement
         and blended
         pozzolan
         cement
10
10
  2523.90 90 — x x x

SECTION 2.Upon effectivity of this Executive Order, the aforementioned articles which are entered or withdrawn from warehouses in the Philippines for consumption shall be levied the duties herein prescribed.

SECTION 3.All executive orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed or modified accordingly.

SECTION 4.This Executive Order shall take effect immediately upon its publication in two (2) national newspapers of general circulation in the Philippines.

Adopted: 04 March 1995

(SGD.) FIDEL V. RAMOS
President

By the President:

(SGD.) TEOFISTO T. GUINGONA, JR.
Executive Secretary