Executive Order No. 491 (1977) — NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the power vested in me by the Constitution, upon the recommendation of the Board of Investments pursuant to the provisions of Section 8 (c) of Republic Act No. 5186, otherwise known as the Investment Incentives Act, do hereby certify that the production in the Philippines of phthalic anhydride as a preferred pioneer industry shall be entitled to a post-operative tariff protection in the form of increased customs d

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Executive Order No. 491 (1977)

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the power vested in me by the Constitution, upon the recommendation of the Board of Investments pursuant to the provisions of Section 8 (c) of Republic Act No. 5186, otherwise known as the Investment Incentives Act, do hereby certify that the production in the Philippines of phthalic anhydride as a preferred pioneer industry shall be entitled to a post-operative tariff protection in the form of increased customs d

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Sec. 1 Sec. 2

Sec. 1

Sec. 1. The articles specifically listed hereunder as classified under Section 104 of Republic Act Number Nineteen Thirty-Seven as amended by Presidential Decree Number Thirty Four shall pay the following rates of import duty:

Tariff Heading No.

Description of Articles

Rate of Duty

29.15

Polycarboxylic acids and their anhydrides, halides, peroxides and peracids, and their halogenated sulphonated, nitrated or nitrosated derivatives:

A. Articles not included in subheading B and C hereof including dimethyl terephthlate and there-phthalic acid

ad val. 10%

B. Phthalate plasticisers; estess of phthalic anhydrides

ad val. 50%

C. Phthalic Anhydrides

ad val. 30%

Sec. 2

Sec. 2. Upon the expiration of thirty (30) days from the issuance of this Order, all the above described articles entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the rates of imported duty herein above-prescribed.

Done in the City of Manila, this 13th day of December, in the year of Our Lord, nineteen hundred and seventy-seven.