PRESIDENTIAL DECREE NO. 908, March 19, 1976

[ PRESIDENTIAL DECREE NO. 908, March 19, 1976 ]

AMENDING CERTAIN SECTIONS OF THE TARIFF AND CUSTOMS CODE

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 . Heading Nos. 32.05, 32.06 and 32.07, Chapter 32 of the Revised Tariff and Customs Code of the Philippines, as amended, are hereby further amended to read as follows:

"32.05

Synthetic organic dyestuffs (including pigment dyestuffs); synthetic organic products of a kind used as luminophores, products of the kind known as optical bleaching agents, substantive to the fiber, natural indigo

ad val.-20%

"32.06

Colour lakes

ad val.-20%

"32.07

Other colouring matter, inorganic products of a kind used as luminophores

ad val.-20%

SEC. 2 . Heading No. 51.01, Chapter 51 of the Revised Tariff and Customs Code of the Philippines, as amended, is hereby further amended to read as follows:

"51.01 Yarn of man-made fibres (continuous) not put up for retail sale:

A. Articles not included in subheading B hereof

ad val.-30%

B. Polyester yarn except when imported directly by textile mills under prior joint authorization of the Tariff Commission and Board of Investments

ad val.-50%

SEC. 3 . Heading No. 55.01, Chapter 55 of the Revised Tariff and Customs Code of the Philippines, as amended by Presidential Decree No. 34, is hereby further amended to read as follows:

"55.01 Cotton, not carded or combed

ad val.-10%

SEC. 4 . Heading No. 59.01. Chapter 59 of the Revised Tariff and Customs Code of the Philippines, as amended by Presidential Decree No. 34, is hereby further amended to read as follows:

"59.01 Wadding and articles of wadding; textile flock and dust and mill neps:

A. Wadding for cutting up into cigarette filter tips

ad val.-50%

B. Other

ad val. 100%

SEC. 5 . All laws, orders and decrees particularly Presidential Decree No. 750, as well as rules and regulations inconsistent herewith are hereby repealed and/or modified accordingly.

SEC. 6 . This Decree shall take effect immediately.

Done in the City of Manila, this 19th day of March, in the year of Our Lord, nineteen hundred and seventy-six.

(Sgd.)

FERDINAND E. MARCOS

President

Republic of the Philippines

By the President:

(Sgd.)

JACOBO C. CLAVE

Presidential Executive Assistant