EXECUTIVE ORDER NO. 115
EXECUTIVE ORDER NO. 115 -
INCREASING THE SPECIAL DUTIES ON CRUDE OIL AND OIL PRODUCTS UNDER
SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS
AMENDED
Pursuant to the powers vested in me
under Section s 104 and 401 of the Tariff and Customs Code of the
Philippines, as amended, I, FIDEL V. RAMOS, President of the
Philippines, do hereby order:
Section 1. A special duty of P1.90 per liter or
P302.10 per barrel on imported crude oil falling under Hdg. No. 27.09
and P2.00 per liter on imported oil products falling under Hdg. Nos.
27.10 and 27.11 of Section 104 of the Tariff and Customs Code of the
Philippines, as amended, and listed in Annex “A” hereof shall be levied
in addition to the existing ad valorem rates imposed on these
articles.
Sec. 2. Upon the effectivity of this Executive
Order, the articles listed in Annex “A” hereof when entered or
withdrawn from warehouses in the Philippines for consumption shall be
subject to the new additional rates of duty prescribed therein.
Sec. 3. The special duties imposed by Executive
Order No. 478 on crude oil and imported oil products are hereby
amended.
All other laws, Executive Orders, rules and regulations inconsistent
with this Order are hereby modified, amended or repealed accordingly.
Sec. 4. This Executive Order shall take effect
after thirty (30) days following its publication in two (2) national
newspaper of general circulation in the Philippines.
DONE in the City of Manila,
this 24th day of July, in the year of Our Lord, nineteen hundred and
ninety-three.
ANNEX “A”
NOMENCLATURE AND SPECIAL DUTY ON CRUDE OIL AND OIL PRODUCTS
HS HDG NO
DESCRIPTION RATE OF
DUTY
2709.00 00 Petroleum oils and oils obtained
from bituminous minerals, crude. 10 % ad. val. plus
P1.90/liter or 302.10/barrel
2710.00 00
Petroleum oils and oils obtained
from bituminous minerals, other
than crude;
preparations not else-
where
specified or included,
contraining
by weight 70 % or more
of petroleum
oils or of oils obtained
from
bituminous minerals, these
oils being
the basic constituents
of the
preparations.
2710.00 10 - - - x x
x
2710.00 20 - - - Lubricating oil, including
lubricating oil basestocks when
imported with special
authorization
by the Energy Regulation
Board 10% ad val. plus
P2.00/liter
2710.00 30 - -
- Fuels oils, naptha, low
aromatic solvents:
2710.00 31 - -
- - Fuels oils 10% ad val.
2710.00 32 - - - - Naptha, when
imported with special autho-
rization by the Energy
Regulatory Board
10 % ad val.
2710.00 33 - -
- - Other naphtha
10 % ad val. plus
P 2.00/liter
2710.00 34 - -
- - Low aromatic
solvents, when
imported with
special authorization
by the
Energy Regulatory
Board
10% ad. val.
2710.00 35 - -
- - Other low aromatic
solvents 10% ad val. plus
P2.00/liter
2710.00 40 - -
- x x x
2710.00 50 - - - Gas oils (including
diesel oil), kerosene (including
kerosene type jet fuel) and
motor gasoline; other heavy oils:
2710.00 51 - -
- - Gas oils (including
diesel oil), when
imported with
special authorization
by the
Energy Regulatory
Board
20% ad val.
2710.00 59 - -
- - Other 20% ad val. plus
P2.00/liter
2710.00 90 - -
- Other oils and preparations
20% ad val. plus
P2.00/liter
27.11 Petroleum gases and other
gaseous
hydrocarbons
- Liquefied:
2711.11 00 - -
Natural
gas
10 % ad val. plus
P2.00/liter
2711.12 00 - -
Propane
10% ad
val. plus
P2.00/liter
2711.13 00 - -
Butanes
10% ad
val. plus
P2.00/liter
2711.14 00 - -
Ethylene, propylene,
butylene and butadiene
10% ad val. plus
P2.00/liter
2711.19 00 - -
Other 10% ad val. plus
P2.00/liter
- - In gaseous state:
2711.21 00 - -
Natural
gas
10% ad val. plus
P2.00/liter
2711.29 00 - -
Other
10% ad val. plus
P2.00/liter
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