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An Act Exempting Certain Articles From The Special Import Tax Levied Under Republic Act Numbered Thirteen Hundred Ninety-Four By Amending Section One Of Republic Act Numbered Twenty-Three Hundred And Fifty-Two, And Providing Penalties For Violations Thereof
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An Act Exempting Certain Articles From The Special Import Tax Levied Under Republic Act Numbered Thirteen Hundred Ninety-Four By Amending Section One Of Republic Act Numbered Twenty-Three Hundred And Fifty-Two, And Providing Penalties For Violations Thereof
Republic Act No. 2665
June 18, 1960
Case Overview and Summary
Summary of Republic Act No. 2665Exemption of Certain Articles from Special Import Tax
- All forms of milk are exempted from the special import tax levied under Republic Act No. 1394. (Section 1)
- The exemption shall be enjoyed for a period of two years. (Section 1)
- Existing wholesale and retail prices of milk in all forms and locally manufactured milk shall be reduced to the extent of the benefit derived from the tax exemption. (Section 1)
- A committee composed of the Secretary of Commerce and Industry, Secretary of Labor, and Secretary of Health is authorized to:
- Fix the ceiling wholesale and retail prices of milk in all forms and locally manufactured milk. (Section 1)
- Issue necessary rules and regulations. (Section 1)
Penalties for Violations
- Any person who sells retail milk in all forms and locally manufactured milk at prices beyond those fixed by the committee shall be punished with:
- Imprisonment of not less than one year and not more than five years. (Section 2)
- Fine of not less than one thousand pesos and not more than five thousand pesos, or both, at the court's discretion. (Section 2)
- If the offender is a corporation or association, the penalty shall be imposed on the responsible president, director, managing partner, manager, and/or officer. (Section 2)
- If the offender is an alien, they shall be punished with deportation without further proceedings before the Deportation Board, in addition to the other penalties. (Section 2)
Severability Clause
- Any portion of the Act found to be unconstitutional shall not affect the remaining constitutional portions. (Section 3)
Effectivity
- The Act shall take effect upon its approval. (Section 4)
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An Act Exempting Certain Articles From The Special Import Tax Levied Under Republic Act Numbered Thirteen Hundred Ninety-Four By Amending Section One Of Republic Act Numbered Twenty-Three Hundred And Fifty-Two, And Providing Penalties For Violations Thereof
Republic Act No. 2665
•June 18, 1960
REPUBLIC ACT No. 2665
AN ACT EXEMPTING CERTAIN ARTICLES FROM THE SPECIAL IMPORT TAX LEVIED UNDER REPUBLIC ACT NUMBERED THIRTEEN HUNDRED NINETY-FOUR BY AMENDING SECTION ONE OF REPUBLIC ACT NUMBERED TWENTY-THREE HUNDRED AND FIFTY-TWO, AND PROVIDING PENALTIES FOR VIOLATIONS THEREOF
Section 1. Section one of Republic Act Numbered Twenty-three hundred and fifty-two is hereby amended to include all forms of milk: Provided, however, That existing wholesale and retail prices of milk in all forms and of locally manufactured milk shall be reduced to the extent of the benefit derived the tax exemption granted herein and for such purpose a committee, composed of the Secretary of Commerce and Industry, the Secretary of Labor and the Secretary of Health, is authorized to fix the ceiling wholesale and retail prices of milk in all forms and locally manufactured milk, and issue such rules and regulations as may be necessary. The exemption herein provided shall be enjoyed for a period of two years.
Section 2. Any person who sells in retail milk in all forms and locally manufactured milk...
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Amends
n/a
Amended by
n/a
Tags
Statutes
Republic Acts
milk
import tax exemption
price control
penalties
imprisonment
fines
corporations
aliens
deportation
severability clause
effectivity
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