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Executive Order No. 94 (1993)

Executive Order No. 94 (1993)

in view of the uncertainty in the power supply situation, the continued importation of the subject articles is imperative to avert a possible shortage in the local supply that may otherwise result in the spiralling of the prices thereof.

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Section 1

Section 1. The following articles under Section 104 of the Tariff and Customs Code, as amended, shall have a reduced rate of import duty effective 1 July 1993 and until 30 June 1994 and thereafter, the rates of import duty shall be as provided under Executive Order No. 470, to wit:

Hdg. No.

Harmonized System

Description

Rate of Duty Until

Code

June 30, 1994

25.23

Portland Cement, aluminous cement (—ciment fondu—), slag cement and similar hydraulic cements, whether or not coloured or in the form of clinkers. 1aшphi1

2523.10

— Cement Clinkers

2523.10 10

— Cement clinker other than for white cement

3%

2523.10 90

— x x x

— Portland Cement

2523.21 00

— x x x

2523.29 00

— Other

5%

2523.30 00

— x x x

2523.90

— x x x

2523.90 10

— x x x

2523.90 90

— x x x

Section 2

Section 2. Upon effectivity of this Executive Order, the above articles which are entered or withdrawn from warehouses in the Philippines for consumption shall be levied the above indicated duty.

Section 3

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executive orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed or modified accordingly.

Section 4

This Executive Order shall take effect immediately

Section 4. This Executive Order shall take effect immediately.

DONE in the City of Manila, this 1st day of June in the year of Our Lord, Nineteen Hundred and Ninety-Three.

(Sgd.) FIDEL V. RAMOS President of the Philippines

By the President:

(Sgd.) ANTONIO T. CARPIO Chief Presidential Legal Counsel