PRESIDENTIAL DECREE NO. 1932, June 11, 1984

[ PRESIDENTIAL DECREE NO. 1932, June 11, 1984 ]

MODIFYING THE RATE OF CUSTOMS DUTIES ON CORN AND COAL AND COKE

WHEREAS, excessively high tariff rates encourage inefficient domestic production;

WHEREAS, particularly in the case of basic commodities, an adequate level of tariff protection for domestic producers should be maintained;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree:

SECTION 1. Tariff Heading No. 10.05 of Chapter 10 and Nos. 27.01 and 27.04 of Chapter 27 of Presidential Decree No. 1464, as amended, is hereby further amended to read as follows:

Duty

Rate

1984

1985

"10.05.000

Maize. . .

Ad.Val.

10%

10%

"27.01.00

Anthracite, whether or not pulverized, but not agglomerated

Ad.Val.

20%

20%

"27.01.200

Other coal, whether or not pulverized, but not agglomerated

Ad.Val.

20%

20%

"27.01.300

Briquettes, ovoids and similar solid fuels manufactured from coal. . .

Ad.Val

20%

20%

"27.04.100

Coke and semi-coke of coal, retort carbon. . .

Ad.Val.

20%

20%

"27.04.200

Coke and semi-coke of lignite or peat

Ad.Val.

20%

20%

SEC. 2. —All laws, Executive Orders, Letters of Instructions, rules and regulations inconsistent herewith are hereby repealed or modified accordingly.

SEC. 3. —This Decree shall take effect on August 15,1984.

Done in the City of Manila, this 11th day of June, in the year of Our Lord, Nineteen Hundred and Eighty-Four.