[ PRESIDENTIAL DECREE NO. 1932, June 11, 1984 ]

MODIFYING THE RATE OF CUSTOMS DUTIES ON CORN AND COAL AND COKE

WHEREAS, excessively high tariff rates encourage inefficient domestic production;

WHEREAS, particularly in the case of basic commodities, an adequate level of tariff protection for domestic producers should be maintained;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree:

SECTION 1. Tariff Heading No. 10.05 of Chapter 10 and Nos. 27.01 and 27.04 of Chapter 27 of Presidential Decree No. 1464, as amended, is hereby further amended to read as follows:

     
Duty
Rate
  
1984
1985
  
"10.05.000
Maize. . .
Ad.Val.
10%
10%
  
"27.01.00
Anthracite, whether
or not pulverized,
but not agglomerated
Ad.Val.
20%
20%
  
"27.01.200
Other coal, whether
or not pulverized,
but not agglomerated
Ad.Val.
20%
20%
  
"27.01.300
Briquettes, ovoids
and similar solid
fuels manufactured
from coal. . .
Ad.Val
20%
20%
  
"27.04.100
Coke and semi-coke
of coal, retort
carbon. . .
Ad.Val.
20%
20%
  
"27.04.200
Coke and semi-coke
of lignite or peat
Ad.Val.
20%
20%
  

SEC. 2.—All laws, Executive Orders, Letters of Instructions, rules and regulations inconsistent herewith are hereby repealed or modified accordingly.

SEC. 3.—This Decree shall take effect on August 15,1984.

Done in the City of Manila, this 11th day of June, in the year of Our Lord, Nineteen Hundred and Eighty-Four.