Presidential Decree No. 845

Section 3301 of Presidential Decree No

Section 1. Section 3301 of Presidential Decree No. 34 is hereby amended to read as follows:

"Sec. 3301. Other Fees and Charges. For services rendered and documents issued by the Bureau of Customs, the following fees shall be charged and collected, by affixing documentary customs stamps in the correct amount upon the document or any other paper which is the subject to the charge and by the cancellation of such stamps in the manner prescribed by the Commissioner, and no such document or any other paper shall be issued or granted by any customs official until the correct amount of stamps shall have been affixed and cancelled: Provided, however, That fees of twenty pesos or over may be paid in cash:

(a) For each certificate of Philippine registry or ownership:

1)

In case of a vessel of not more than fifteen tons gross

P100.00

2)

In case of a vessel of more than fifteen but not more than fifty tons gross

150.00

3)

In case of a vessel of more than fifty but not more than one hundred tons gross

200.00

4)

In case of a vessel of more than one hundred but not more than two hundred and fifty tons gross

P300.00

5)

In case of a vessel of more than two hundred and fifty but not more than five hundred tons gross

500.00

6)

In case of a vessel of more than five hundred but not more than seven hundred and fifty tons gross

750.00

7)

In case of a vessel of more than seven hundred and fifty but not more than one thousand tons gross

1000.00

8)

In case of a vessel of more than one thousand but not more than one thousand five hundred tons gross

1500.00

9)

In case of a vessel of more than one thousand five hundred but not more than three thousand tons gross

2000.00

10)

In case of a vessel of more than three thousand but not more than five thousand tons gross

3000.00

11)

In case of a vessel of more than five thousand tons gross

5,000.00

Section 2. In addition to the applicable fees provided for in Section 3301 of Presidential Decree No. 34, there is hereby imposed on all motorized speedboats, yachts, launches and other watercraft designed and/or used for pleasure and recreation whether operated for profit or not an energy tax payable annually in the following amounts:

1)

In case of vessel with a length of not more than five meters

P1,000.00

2)

In case of a vessel with a length of more than five meters but not more than fifteen meters

2,500.00

3)

In case of a vessel with a length of more than fifteen meters but not more than twenty-five meters

4000.00

4)

In case of a vessel with a length of more than twenty-five meters but not more than thirty-five meters

P5,500.00

5)

In case of a vessel with a length of more than thirty-five meters but not more than forty-five meters

7000.00

6)

In case of a vessel with a length of more than forty-five meters but not more than fifty-five meters

8500.00

7)

In case of a vessel with a length of more than fifty-five meters but not more than sixty-five meters

10000.00

8)

In case of a vessel with a length of more than sixty-five meters but not more than seventy-five meters

11500.00

9)

In case of a vessel with a length of more than seventy-five meters but not more than eighty-five meters

13000.00

10)

In case of a vessel with a length of more than eighty-five meters but not more than ninety-five meters

14500.00

11)

In case of a vessel with a length of more than ninety-five meters

16,000.00

The foregoing tax shall be paid at the time that the fees for the annual licensing and/or inspection of said vessels are payable.

This decree shall take effect immediately

Section 3. This decree shall take effect immediately.

Done in the City of Manila this 12th day of December in the year of Our Lord, nineteen hundred and seventy-five.