JurisAtlas

HomeStatutesExecutive OrdersExecutive Order No. 387 (1989)

Executive Order No. 387 (1989)

Executive Order No. 387 (1989)

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;

Jump to section
Sec. 1

Sec. 1. The rates of import duty on cement and cement clinker under Section 104 of the Tariff and Customs Code, as amended, are hereby suspended. Until such time that the declaration of national emergency is lifted, the following articles listed hereinbelow shall have a 0% rate of import duty, to wit:

H.S. Hdgs:

Description of Articles

25.23

Portland Cement, aluminous cement ("ciment fondu"), slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured

2523.10 00

or in the form of clinkers.

Cement clinkers:

2523.10 00

Cement clinker other than for white cement

Portland Cement:

2523.29 00

Other

Sec. 2

Sec. 2. Upon effectivity of this Executive Order, the above articles which are entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the rates of duty herein prescribed.

Sec. 3

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 All orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed or modified accordingly.

Sec. 4

This Executive Order shall take effect thirty (30) days from date hereof

Sec. 4. This Executive Order shall take effect thirty (30) days from date hereof.

DONE in the City of Manila, this 26th day of December, in the year of Our Lord, nineteen hundred eighty-nine.