Suspending the Rates of Import Duty of Cement and Cement Clinker Under Presidential Decree No. 1464, Otherwise Known as the Tariff and Customs Code of 1978, as Amended, During the Period of National Emergency

EXECUTIVE ORDER NO. 387 December 26, 1989

SUSPENDING THE RATES OF IMPORT DUTY OF CEMENT AND CEMENT CLINKER UNDER PRESIDENTIAL DECREE NO. 1464, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, DURING THE PERIOD OF NATIONAL EMERGENCY

WHEREAS, the sharp increase in the demand for cement not only in the domestic market but in the Pacific-European regions as well has resulted in a worldwide shortage of cement;

WHEREAS, increases in the price of imported cement and clinker are expected to ensue with the continuing acceleration of demand for cement;

WHEREAS, inspite of the reduction in rates of import duty on cement and cement clinker under Executive Order No. 353 dated 27 March 1989, a further reduction to 0% in the import duty is necessary to ensure the viability of cement importation as one of the immediate solutions to the current price instability and cement shortage during the period of national emergency;

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in...

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Summary of Executive Order No. 387

Suspension of Import Duty Rates for Cement and Cement Clinker
- Suspends the rates of import duty on cement and cement clinker under Section 104 of the Tariff and Customs Code, as amended. (Section 1)
- Sets the rate of import duty to 0% for the following articles until the declaration of national emergency is lifted:
    - Portland Cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers. (Section 1, H.S. Hdgs. 25.23)
    - Cement clinkers other than for white cement. (Section 1, H.S. Hdgs. 2523.10 00)
    - Portland Cement other than white cement. (Section 1, H.S. Hdgs. 2523.29 00)
- Articles entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the 0% rate of import duty upon the Executive Order's effectivity. (Section 2)
- Repeals or modifies all orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order. (Section 3)
- Takes effect thirty (30) days from December 26, 1989. (Section 4)