An Act To Amend Section Eleven Of The Philippine Tariff Act Of 1909 And Exempting Textiles Made Of 100 Per Cent Philippine Ramie Fiber From The Payment Of Duty To Provide Incentives For The Development Of The Ramie Industry
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An Act To Amend Section Eleven Of The Philippine Tariff Act Of 1909 And Exempting Textiles Made Of 100 Per Cent Philippine Ramie Fiber From The Payment Of Duty To Provide Incentives For The Development Of The Ramie Industry
Republic Act No. 1392
August 23, 1955
Case Overview and Summary
Summary of Republic Act No. 1392Exemption from Duty for Ramie Goods
- Ramie threads, yarns, textiles, and industrial fabrics (collectively called "ramie goods") are exempted from duty when the following conditions are met (Section 1):
- Processed abroad from 100% ramie fiber grown in the Philippines.
- Bought directly from farmers-producers or their cooperatives by a government agency designated by the President.
- Exported abroad by the designated government agency in exchange for processing.
- Imported through the designated government agency.
- The tax-exempt importation shall be allocated proportionately among the original farmer-producers or their cooperatives from whom the ramie fiber was obtained.
Expiration of Exemption
- The exemption shall cease two years after the date of approval of this Act or earlier upon proclamation by the President on recommendation of the National Economic Council, if sufficient degumming, spinning, and/or weaving mills to process the entire production of ramie fiber have been established in the country (Section 1).
Effective Date
- This Act shall take effect upon its approval (Section 2).
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An Act To Amend Section Eleven Of The Philippine Tariff Act Of 1909 And Exempting Textiles Made Of 100 Per Cent Philippine Ramie Fiber From The Payment Of Duty To Provide Incentives For The Development Of The Ramie Industry
Republic Act No. 1392
•August 23, 1955
REPUBLIC ACT No. 1392
AN ACT TO AMEND SECTION ELEVEN OF THE PHILIPPINE TARIFF ACT OF 1909 AND EXEMPTING TEXTILES MADE OF 100 PER CENT PHILIPPINE RAMIE FIBER FROM THE PAYMENT OF DUTY TO PROVIDE INCENTIVES FOR THE DEVELOPMENT OF THE RAMIE INDUSTRY.
Section 1. Section eleven of the Philippine Tariff Act of 1909 is hereby amended by adding thereto another paragraph to read as follows:
"355. Ramie threads, yarns, textiles and industrial fabrics hereinafter also called ramie goods, when processed abroad from 100 per cent ramie fiber grown in the Philippines and bought direct from farmers-producers or any of their cooperatives by any government agency designated by the President of the Philippines and by it exported abroad in exchange therefor when their importation is made through the government agency so designated by the President: Provided, That such tax-exempt importation herein contemplated shall be allocated proportionately among the original farmer-producers or any of their cooperatives from whom the government agency herein specified obtained the ramie fiber for processing abroad.
"The exemption above granted shall cease...
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Amends
n/a
Amended by
n/a
Tags
Statutes
Republic Acts
ramie fiber
ramie goods
ramie threads
ramie yarns
ramie textiles
industrial fabrics
duty exemption
farmer-producers
cooperatives
government agency
President of the Philippines
National Economic Council
degumming mills
spinning mills
weaving mills
REPUBLIC ACT No. 1392
AN ACT TO AMEND SECTION ELEVEN OF THE PHILIPPINE TARIFF ACT OF 1909 AND EXEMPTING TEXTILES MADE OF 100 PER CENT PHILIPPINE RAMIE FIBER FROM THE PAYMENT OF DUTY TO PROVIDE INCENTIVES FOR THE DEVELOPMENT OF THE RAMIE INDUSTRY.
Section 1. Section eleven of the Philippine Tariff Act of 1909 is hereby amended by adding thereto another paragraph to read as follows:
"355. Ramie threads, yarns, textiles and industrial fabrics hereinafter also called ramie goods, when processed abroad from 100 per cent ramie fiber grown in the Philippines and bought direct from farmers-producers or any of their cooperatives by any government agency designated by the President of the Philippines and by it exported abroad in exchange therefor when their importation is made through the government agency so designated by the President: Provided, That such tax-exempt importation herein contemplated shall be allocated proportionately among the original farmer-producers or any of their cooperatives from whom the government agency herein specified obtained the ramie fiber for processing abroad.
"The exemption above granted shall cease...
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