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Amending Presidential Decree No. 791, Entitled "Providing Exemption From The Payment Of Customs And Tariff Duties, Special Import Tax And Compensating Tax Covering Importation Of Sugar Mill
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Amending Presidential Decree No. 791, Entitled "Providing Exemption From The Payment Of Customs And Tariff Duties, Special Import Tax And Compensating Tax Covering Importation Of Sugar Mill
Presidential Decree No. 1710
August 13, 1980
Case Overview and Summary
Summary of Presidential Decree No. 1710Extension of Exemption from Customs Duties and Taxes for Sugar Industry
- Amends Section 1 of Presidential Decree No. 791 (Section 1)
• Extends the exemption period for payment of special import tax, compensating tax, and customs and tariff duties on importation of plant machinery, spare parts, and other equipment for those engaged in the business of manufacturing, milling, processing, or refining sugar.
• The exemption period is extended until June 30, 1985.
Immediate Effect
- The Decree takes effect immediately. (Section 2)
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Executive Issuances
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sugar industry
customs duties exemption
import tax exemption
compensating tax exemption
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Amending Presidential Decree No. 791, Entitled "Providing Exemption From The Payment Of Customs And Tariff Duties, Special Import Tax And Compensating Tax Covering Importation Of Sugar Mill
Presidential Decree No. 1710
•August 13, 1980
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 1710
AMENDING PRESIDENTIAL DECREE NO. 791, ENTITLED "PROVIDING EXEMPTION FROM THE PAYMENT OF CUSTOMS AND TARIFF DUTIES, SPECIAL IMPORT TAX AND COMPENSATING TAX COVERING IMPORTATION OF SUGAR MILLS, MACHINERY, SPARE PARTS AND EQUIPMENT FOR A LIMITED PERIOD"
WHEREAS, Presidential Decree No. 791 exempts those engaged in the business of manufacturing, milling, processing or refining of sugar, from the payment of special import tax, compensating tax and customs and tariff duties in respect to the importation of plant machinery, spare parts and other equipment effective until June 30, 1980; and
WHEREAS, there is need to extend the exemption period for another five years.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby decree and order:
Section 1. Section 1 of Presidential Decree No. 791 is hereby amended to read as follows:
"Sec. 1. Any person, partnership, company or corporation who or which now engaged or shall engage in the business of manufacturing, milling,...
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Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Presidential Decrees
sugar industry
customs duties exemption
import tax exemption
compensating tax exemption
machinery importation
equipment importation
spare parts importation
manufacturing
milling
processing
refining
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