ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Home > Chan Robles Virtual Law Library > Philippine Laws, Statutes & Codes > :
Search for
www.chanrobles.com
:
EXECUTIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
EXECUTIVE ORDER NO. 1038 -
MODIFYING THE RATES OF DUTY ON IMPORTED RAYON ARTICLES AS PROVIDED
UNDER PRESIDENTIAL DECREE NO. 1464, AS AMENDED, OTHERWISE KNOWN AS THE
TARIFF AND CUSTOMS CODE OF 1978
WHEREAS, Executive Order No. 926
provided that effective January 1, 1985, the tariff duty for
regenerated fibres (including rayon) shall be increased to 20%;
WHEREAS, there has been a delay in the implementation of the rayon
project and local textile mills have to import raw materials for, their
requirements;
WHEREAS, there is a need to maintain the 1984 tariff rate of 10% for
rayon to enable the textile industry to be competitive in the world
market;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers vested in me by the
Constitution, and Sec. 401 of the Tariff and Customs Code, as
amended, do hereby order and direct:
Section 1.
Sec. 2.
DONE in the City of Manila,
this 9th day of July, in the year of Our Lord, nineteen hundred and
eighty-five.
chanrobles virtual law library
Back to Main
chan
robles virtual law library
Since 19.07.98.