Revoking Proclamation Nos. 12 and 16, Series of 1946, and Publishing the Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties

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Revoking Proclamation Nos. 12 and 16, Series of 1946, and Publishing the Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties

Proclamation No. 134

July 19, 1949

Case Overview and Summary

Revoking Proclamation Nos. 12 and 16, Series of 1946, and Publishing the Values of Certain Foreign Currencies for Purposes of the Assessment and Collection of Customs Duties

- Revokes Proclamation Nos. 12 and 16, Series of 1946, which previously published the values of foreign currencies for customs duties.
- Publishes the updated values of certain foreign currencies for the purpose of assessing and collecting customs duties, pursuant to Republic Act No. 77.
- Lists the values of 61 foreign currencies in terms of their equivalent values in U.S. currency and Philippine currency.
- The values are to be used for the assessment and collection of customs duties on imported goods.
- The proclamation is signed by President Elpidio Quirino on July 19, 1949, in the City of Manila.

Amends

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Amended by

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Tags

Executive Issuances

Proclamations

Customs duties

Foreign currency values

Assessment and collection

Proclamation revocation

Republic Act No. 77

Currency exchange rates

Import tariffs

International trade

Philippine currency

U.S. currency

Law

Revoking Proclamation Nos. 12 and 16, Series of 1946, and Publishing the Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties

Proclamation No. 134

•

July 19, 1949

MALACAÑANGManila BY THE PRESIDENT OF THE PHILIPPINES Proclamation No. 134 REVOKING PROCLAMATION NOS. 12 AND 16, SERIES OF 1946, AND PUBLISHING THE VALUES OF CERTAIN FOREIGN CURRENCIES FOR PURPOSES OF THE ASSESSMENT AND COLLECTION OF CUSTOMS DUTIES. Upon the recommendation of the Secretary of Finance, and pursuant to the provisions of Republic Act No. 77, I hereby revoke Proclamation Nos. 12 and 16, series of 1946, and publish the values of certain foreign currencies for purposes of the assessment and collection of customs duties, as follows: Country Unit Equipment Value in U. S. currency Value in Philippine currency 1. Argentina Peso $0.207Y3 ₱.595466 2. Australia Pound 3.2274 6.4550 3. Austria Schilling .038519 .197238 4. Belgium Franc .0228 .0456 5. Bolivia Boliviano .025 .050 6. Brazil Cruzelro .0553 .1100 7. Bulgaria Lev .0033472 .006944 8. Canada Dollar 1.000000 2.000000 9. Ceylon Rupee .301166 .602332 10. Chile Gold Peso .051361 .102722 11. China Yuan .00005 .00010 12. Colombia Peso .559538 1.139276 13. Costa Rica Colon .176367 .352734 14. Cuba Peso 1.000000 2.000000 15. Czechoslovakia Koruna .020060 .040120...
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Revoking Proclamation Nos. 12 and 16, Series of 1946, and Publishing the Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties

Amends

n/a

Amended by

n/a

Tags

Executive Issuances

Proclamations

Customs duties

Foreign currency values

Assessment and collection

Proclamation revocation

Republic Act No. 77

Currency exchange rates

Import tariffs

International trade

Philippine currency

U.S. currency

MALACAÑANGManila BY THE PRESIDENT OF THE PHILIPPINES Proclamation No. 134 REVOKING PROCLAMATION NOS. 12 AND 16, SERIES OF 1946, AND PUBLISHING THE VALUES OF CERTAIN FOREIGN CURRENCIES FOR PURPOSES OF THE ASSESSMENT AND COLLECTION OF CUSTOMS DUTIES. Upon the recommendation of the Secretary of Finance, and pursuant to the provisions of Republic Act No. 77, I hereby revoke Proclamation Nos. 12 and 16, series of 1946, and publish the values of certain foreign currencies for purposes of the assessment and collection of customs duties, as follows: Country Unit Equipment Value in U. S. currency Value in Philippine currency 1. Argentina Peso $0.207Y3 ₱.595466 2. Australia Pound 3.2274 6.4550 3. Austria Schilling .038519 .197238 4. Belgium Franc .0228 .0456 5. Bolivia Boliviano .025 .050 6. Brazil Cruzelro .0553 .1100 7. Bulgaria Lev .0033472 .006944 8. Canada Dollar 1.000000 2.000000 9. Ceylon Rupee .301166 .602332 10. Chile Gold Peso .051361 .102722 11. China Yuan .00005 .00010 12. Colombia Peso .559538 1.139276 13. Costa Rica Colon .176367 .352734 14. Cuba Peso 1.000000 2.000000 15. Czechoslovakia Koruna .020060 .040120...
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Revoking Proclamation Nos. 12 and 16, Series of 1946, and Publishing the Values of Certain Foreign Currencies For Purposes of the Assessment and Collection of Customs Duties

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