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Executive Order No. 517 (1992)
pursuant to the powers vested in me by the provisions of Section 401 of the Tariff and Customs Code, as amended, an additional duty of five (5%) percent—ad valorem—was imposed through Executive Order No. 443 dated 3 January 1991, as amended by Executive Order No. 475 dated 15 August 1991, on all imported articles subject to certain exceptions and conditions;
Section 1. — Lifting of the Additional Duty. - The additional duty in the nature of—ad valorem—imposed on all imported articles prescribed by the provisions of Executive Order No. 443, as amended, is hereby lifted;— Provided, however, that the selected articles covered by HS Heading Nos. 27.09 and 27.10 of Section 104 of the Tariff and Customs Code, as amended, subject of Annex "A" hereof shall contu1ue to be subject to the additional duty of nine (9%) percent—ad valorem.
Section 2. — Repealing Clause. - All executive orders, rules and regulations or parts thereof which are inconsistent with this Executive Order are hereby repealed or modified accordingly.
Section 3. — Effectivity. - This Executive Order shall take effect immediately.
DONE in the City of Manila, this 30th day of April, in the year of Our Lord, nineteen hundred and ninety-two.
(Sgd.) CORAZON C. AQUINO
By the President:
(Sgd..) FRANKLIN M. DRILON Executive Secretary
ANNEX "A"
ITEMS EXCLUDED FROM THE REDUCTION OF 5% IMPORT LEVY
2709.00 00
Crude petroleum oils and oils obtained from bituminous minerals
2710.00 21
Lubricating oil including lubricating
2710.00 29
oil basestock
2710.00 31
Fue o s
2710.00 32
Naptha
2710.00 39
Gas oils including diesel oil and other heavy oils 1aшphi1
2710.00 90
Kerosene including kerosene type et fuel
2710.00 90
Motor gasoline
2710.00 90
Other oils and preparations (excluding low aromatic solvents)