Reducing the Rates of Import Duty on Cement and Clinker Under Presidential Decree No. 1464, Otherwise Known as the Tariff and Customs Code of 1978, as Amended

EXECUTIVE ORDER NO. 353 March 27, 1989

REDUCING THE RATES OF IMPORT DUTY ON CEMENT AND CLINKER UNDER PRESIDENTIAL DECREE NO. 1464, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED

WHEREAS, the improving political and economic climate in the country has resulted in a marked increase in domestic construction activity;

WHEREAS, the construction boom has trigerred a sharp demand for construction materials, particularly cement which local production cannot adequately meet in the short run;

WHEREAS, the shortage can be remedied only by importation;

WHEREAS, the import duties on cement and clinker, an essential input therefor, have an impact on the prices of such commodities; and

WHEREAS, to ensure the availability of cement and to stabilize the price of this basic construction material, there is a need to reduce the import duties on these products.

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by Section 401 of Presidential Decree No. 1464, as amended, do hereby order:...

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Reducing the Rates of Import Duty on Cement and Clinker

• The improving political and economic climate in the country has resulted in a marked increase in domestic construction activity, triggering a sharp demand for construction materials, particularly cement which local production cannot adequately meet in the short run. (Preamble)
• To ensure the availability of cement and stabilize the price of this basic construction material, there is a need to reduce the import duties on cement and clinker, an essential input for cement. (Preamble)

Import Duty Rates (Section 1):
• Cement clinkers:
    - Cement clinker other than for white cement: 10% until December 1991, 20% from January 1, 1992 (Section 1)
    - Clinker for white cement: 40% (Section 1)
• Portland Cement:
    - Other: 20% until December 1991, 30% from January 1, 1992 (Section 1)
• Other hydraulic cements: 20% until December 1991, 30% from January 1, 1992 (Section 1)

Implementation (Section 2):
• Upon effectivity of this Executive Order, the above articles which are entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the rates of duty herein prescribed. (Section 2)

Repealing Clause (Section 3):
• All orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed or modified accordingly. (Section 3)

Effectivity (Section 4):
• This Executive Order shall take effect thirty (30) days after date hereof. (Section 4)