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. 387 -
SUSPENDING THE RATES OF IMPORT DUTY OF CEMENT AND CEMENT CLINKER UNDER
PRESIDENTIAL DECREE NO. 1464, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS
CODE OF 1978, AS AMENDED, DURING THE PERIOD OF NATIONAL EMERGENCY
WHEREAS,
the sharp increase in the demand for cement not only in the domestic
market but in the Pacific-European regions as well has resulted in a
worldwide shortage of cement;
WHEREAS, increases in the price of imported cement and clinker are
expected to ensue with the continuing acceleration of demand for
cement;
WHEREAS, inspite of the reduction in rates of import duty on cement and
cement clinker under Executive Order No. 353 dated 27 March 1989, a
further reduction to 0% in the import duty is necessary to ensure the
viability of cement importation as one of the immediate solutions to
the current price instability and cement shortage during the period of
national emergency;
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by
virtue of the powers vested in me by Sec. 401 of the Tariff and
Customs Code, as amended, do hereby order:
Section 1.
H.S.
Hdgs:
25.23
2523.10
00
2523.10 00
2523.29 00
Sec. 2.
Sec. 3.
Sec. 4.
DONE in the City of Manila,
this 26th day of December, in the year of Our Lord, nineteen hundred
eighty-nine.
chanrobles virtual law library
Back to Main
chan
robles virtual law library
Since 19.07.98.