REPUBLIC ACT NO. 1175 - AN ACT AMENDING SECTIONS ONE AND TWO OF REPUBLIC ACT NUMBERED SIX HUNDRED ONE, AS AMENDED.

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. Sections one and two of Republic Act Numbered Six hundred one, as amended, are further amended to read as follows:

"SECTION 1. Except as herein otherwise provided, there shall be assessed, collected, and paid a special excise tax of seventeen per centum on the value in Philippine peso of foreign exchange sold and/or authorized to be sold by the Central Bank of the Philippines or any of agents until June thirtieth, nineteen hundred and fifty five.

"SEC. 2. The tax provided for in section one of this Act shall not be collected on foreign exchange used the payment of the cost, transportation and/or other chars incident to importation into the Philippines of car milk, canned beef, canned fish, chocolate, malt, stabilize and flavors, vitamin concentrate; supplies and equipment purchased directly by the Government or any of its instrumentalities for its own exclusive use; machinery, equipment, accessories, and spare parts, for the use of industries, miners, mining enterprises, planters and farmers; and fertilizers when imported by planters or farmers directly or through their cooperatives; articles or containers used, including materials for the manufacture of tin containers used by the importer himself in the manufacture preparation of local products for consignment or export abroad; textbooks, reference books, and supplementary readers approved by the Board on Textbooks and/or established public or private educational institutions; paper imported by publishers for their exclusive use in the publication of books, pamphlets, magazines and newspapers; carbides, explosives and dynamite for mining purposes; drugs and medicines, and medical and hospital supplies listed in the appendix of this Act; payment in respect of reinsurance; payment in respect of marine and aviation insurance; spare parts to be used in the repair of vessels of Philippine registry or airplanes and such other parts thereof as may be certified by the Hulls and Boilers Division of the Bureau of Customs or the Civil Aeronautics Administration, respectively, as essential to the maintenance of vessels or airplanes; payment of purchase price of vessels or ships of any kind or nature intended for Philippine registry, ninety per cent of the ownership of which belongs exclusively to Filipinos, or charter fees of lirplanes and vessels of Philippine register; remittances for payment of principal and interests of foreign loan contracted under obligation of the Philippine Government or any of its instrumentalities; payment of premiums by veterans on life insurance policies under the Government of the United States, and payment of premiums and other founts due by policyholders on life insurance policies issued before December nine, nineteen hundred and forty-nine, and payment of machinery and/or raw materials to be used by new and necessary industries as determined in accordance with Republic Act Numbered Thirty-five."

SEC. 2. This Act shall take effect upon its approval.

Approved, June 18, 1954.

APPENDIX DRUGS AND MEDICINES

Adrenalin (Epinephrine) Chloride and preparations

Aluminum Hydroxide preparations

Amebacides except emetine preparations

Amino Acid preparations, solutions, parenteral

Antihelmintic preparations except calomel, santonin

Antihistaminic preparations

Antihypertension and vasodilator agents

Anti-Leprosy preparations

Antimalarials except quinine preparations

Antipyretics not manufactured locally

Antisyphilitic preparations

Antitetanic serum

Aureomycin preparations

B-Complex

Barbiturates and their preparations

Blood testing serums and solutions

Cardiac stimulants except aminophylline preparations

Castor Oil

Cathartic Pills Compound

Chenopodium Oil

Chlorazene Tablets and similar preparations

Chloromycetin preparations

Coagulants

Cortisone Acetate preparations

Curare products and similar preparations

Diagnostic Reagents

Digitalin and other digitalis preparations

Diphtheria Antitoxin and other immunological preparations

Diphtheria Toxoid

Discoids of Hydrocyanic Acid (HCN) for fumigation work

Drugs (crude or otherwise), chemicals (simple or compound) for pharmaceutical manufacture and chemicals to be used for the eradication of plant insects and pests

Drugs and medicines for the use of the dental and veterinary professions

Ergot preparations and derivatitves

Ferrous Sulphate preparations

Gas Gangrene Antitoxin

Gland products and synthetic substitutes

Heparin derivatives

Homogenized Baby Foods (vegetables, fruits and meats)

Hormone preparations

Hyrogen Peroxide preparations

HTH- Commercial

Insulin preparations, all forms

Laboratory Stains

Liquor Cresolis Compositus and other disinfectants

Liver Extract preparations

Magnesium Hydroxide preparations

Magnesium Trisilicate compounds

Mercurial Diuretics

Mercurochrome, crystals

Merthiolate preparations

Multivatamin Capsules

Neomycin and preparations

Novocain and other anaesthetics for general, spinal, intravenous, local or dental use

Opium, its alkaloids and their salts, its derivatives, their preparations and synthetic substitutes

Pancreatic extracts preparations

Plasma

Pregnenolon Acetate and preparations

Protein Solutions, powders and compounds

Quarternary Ammonium compounds and other fungicidal agents

Saccharine preparations and substitutes

Salt Substitutes

Similac, Klim, Lactogen and other dehydrated powdered milk

Sulphur

Terramycin and preparations

Tuberculin Tablets PPD, 1st and 2nd Tests

Vitamin preparations not manufactured locally in sufficient quantities

Drugs specialties not manufactured locally

Anti-biotics (bulk)

Tetracyn and preparations

Achromycin and preparations

Cyanide for mining purpose

MEDICAL AND HOSPITAL SUPPLIES

Applicators, wood

Bandage, gauze

Bandage, specialist, Plaster of Paris

Cotton, Absorbent

Dental instruments and supplies

Diagnostic instruments

Droppers, medicine

Electro Medical equipment

Gauze, plain

Gauze, sponges

Jelly, lubricating, plain or anaesthetics

Major Operating table (not examining table)

Needles, hypo, all sizes

Operating lights

Optometric instruments and supplies

Pads, obstetrical

Plasters, adhesive, all sizes

Sterilizers, autoclaves

Surgical instruments

Surgical, crinoline

Sutures, all kinds and sizes

Syringes, hypo, all sizes

X-ray films, developers and fixers

X-rays equipment and supplies

Radium for therapy