Executive Order No. 478
IMPOSING 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, CORAZON C. AQUINO, President of the Philippines, do hereby order:
SECTION 1. A special duty of P 0.95 per liter or P 151.05 per barrel on imported crude oil falling under Hdg. No. 27.09 and P1.00 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 Upon the effectivity of this Executive Order, the articles listed in Annex “A” hereof when entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the additional rates of duty prescribed therein.
SEC. 3. 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 23rd day of August, in the year of Our Lord, nineteen hundred and ninety-one.
ANNEX “A”
NOMENCLATURE AND SPECIAL DUTY ON CRUDE OIL AND OIL PRODUCTS
HS HDG |
Description |
Rate of Duty |
2709.00 00 |
Petroleum oils and oils obtained from bituminous minerals, crude. |
10% ad val. plus |
2710.00 00 |
Petroleum oils and oils obtained from bituminous minerals, other then crude; preparations not elsewhere specified or included, containing by weight 70% of 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 basestock when imported with special authorization by the Energy Regulatory Board |
10% ad val. plus |
2710.00 30 |
- - - Fuel oils, naptha, low aromatic solvents: |
|
2710.00 31 |
- - - - Fuel 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 naptha |
10% ad val. plus P1.00/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 P1.00/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; |
|
|
- - - - 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 P1.00/liter |
2710.00 90 |
- - - Other oils and preparations |
20% ad val. plus P1.00/liter |
27.11 |
Petroleum gases and other gaseous hydrocarbons |
|
|
- Liquefied: |
|
2711.11 00 |
- - Natural gas |
10% ad val. plus P1.00/liter |
2711.12 00 |
- - Propane |
10% ad val. plus P1.00/liter |
2711.13 00 |
- - Butanes |
10% ad val. plus P1.00/liter |
2711.14 00 |
- - Ethylene, propylene butylenes and butadiene |
10% ad val. plus P1.00/liter |
2711.19 00 |
- - Other |
10% ad val. plus P1.00/liter |
|
- In gaseous state: |
|
2711.21 00 |
- - Natural gas |
10% ad val. plus P1.00/liter |
2711.29 00 |
- - Other |
10% ad val. plus P1.00/liter |
What do you want to do now?
Go Back to the Top; Go back to art’s home page; Laugh or Be Entertained; Destroy Cartels and Monopolies; Invest or Find a Job; Check Software or a Computer; Check out the latest News; Look for a School; Greet a Friend; Dip Into Black Gold and be Electrified; Express Yourself; Relive the Past; Get Involved in the Law, Government, & Politics; Read Some Classics; Meet New People; Consult the laws of the Philippine energy sector; Philosophize; or Search.
This page is best viewed using Microsoft Internet Explorer 4.0 or higher.
Last revised: August 16, 2009 05:33 PM.
Caveat Emptor: Owners of the sites included herein do not explicitly endorse this page.
Comments, suggestions, objections, or violent reactions?