Executive Order No. 115
INCREASING THE SPECIAL DUTIES ON CRUDE OIL AND OIL PRODUCTS UNDER SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS AMENDED
Pursuant to the powers vested in me under Sections 104 and 401 of the Tariff and Customs Code of the Philippines, as amended, I, FIDEL V. RAMOS, President of the Philippines, do hereby order:
SECTION 1. A special duty of P 1.90 per liter or P 302.10 per barrel on imported crude oil falling under Hdg. No. 27.09 and P 2.00 per liter on imported oil products falling under Hdg. Nos. 27.10 and 27.11 of Section 104 of the Tariff and Customs Code of the Philippines, as amended, and listed in Annex “A” hereof shall be levied in addition to the existing ad valorem rates imposed on these articles.
SEC. 2. Upon the effectivity of this Executive Order, the articles listed in Annex “A” hereof when entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the new additional rates of duty prescribed therein.
SEC. 3. The special duties imposed by Executive Order No. 478 on crude oil and imported oil products are hereby amended.
All other laws, Executive Orders, rules and regulations inconsistent with this Order are hereby modified, amended or repealed accordingly.
SEC. 4. This Executive Order shall take effect after thirty (30) days following its publication in two (2) national newspapers of general circulation in the Philippines.
Done in the City of Manila, this 24th day of July, in the year of Our Lord, nineteen hundred and ninety-three.
ANNEX “A”
NOMENCLATURE AND SPECIAL DUTY ON CRUDE OIL AND OIL PRODUCTS
|
HS HDG NO. |
DESCRIPTION |
RATE OF DUTY |
|
2709.00 00 |
Petroleum oils and oils obtained from bituminous minerals, crude. |
10% ad. val. plus P 1.90/liter or P 302.10/barrel |
|
2710.00 00 |
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations. |
|
|
2710.00 10 |
- - - x x x |
|
|
2710.00 20 |
- - - Lubricating oil, including lubricating oil basestocks when imported with special authorization by the Energy Regulatory Board |
10% ad val. plus P 2.00/liter |
|
2710.00 30 |
- - - Fuels oils, naptha, low aromatic solvents: |
|
|
2710.00 31 |
- - - - Fuels oils |
10% ad val. |
|
2710.00 32 |
- - - - Naptha, when imported with special authorization by the Energy Regulatory Board |
10 % ad val. |
|
2710.00 33 |
- - - - Other naphtha |
10 % ad val. plus P 2.00/liter |
|
2710.00 34 |
- - - - Low aromatic solvents, when imported with special authorization by the Energy Regulatory Board |
10% ad. val. |
|
2710.00 35 |
- - - - Other low aromatic solvents |
10% ad val. plus P 2.00/liter |
|
2710.00 40 |
- - - x x x |
|
|
2710.00 50 |
- - - Gas oils (including diesel oil), kerosene (including kerosene type jet fuel) and motor gasoline; other heavy oils: |
|
|
2710.00 51 |
- - - - Gas oils (including diesel oil), when imported with special authorization by the Energy Regulatory Board |
20% ad val. |
|
2710.00 59 |
- - - - Other |
20% ad val. plus P 2.00/liter |
|
2710.00 90 |
- - - Other oils and preparations |
20% ad val. plus P 2.00/liter |
|
27.11 |
Petroleum gases and other gaseous hydrocarbons |
|
|
|
- Liquefied: |
|
|
2711.11 00 |
- - Natural gas |
10 % ad val. plus P 2.00/liter |
|
2711.12 00 |
- - Propane |
10% ad val. plus P 2.00/liter |
|
2711.13 00 |
- - Butanes |
10% ad val. plus P 2.00/liter |
|
2711.14 00 |
- - Ethylene, propylene, butylene and butadiene |
10% ad val. plus P 2.00/liter |
|
2711.19 00 |
- - Other |
10% ad val. plus P 2.00/liter |
|
|
- - In gaseous state: |
|
|
2711.21 00 |
- - Natural gas |
10% ad val. plus P 2.00/liter |
|
2711.29 00 |
- - Other |
10% ad val. plus P 2.00/liter |
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