Title
Ceiling price adjustments for imported powdered milk
Law
Executive Order No. 411
Decision Date
Mar 7, 2005
President Elpidio Quirino issues Executive Order No. 411, amending previous orders and setting new ceiling prices for Klim, Darigold, and Golden State powdered milk, including similar commodities, effective five days from the date of issuance.

Q&A (EXECUTIVE ORDER NO. 411)

The authority was vested by section 3 of Republic Act No. 509, which declares the national policy and authorizes the President to fix ceiling prices of commodities for a limited period.

The main subject matter is the amendment of certain previous executive orders to increase and set new ceiling prices for powdered milk imported commodities including Klim, Darigold, and Golden State.

Klim, Darigold, and Golden State powdered milk brands had their ceiling prices increased and set by the order.

For Klim powdered milk, the retail ceiling price is P2.10 per tin. For Darigold powdered milk, the retail ceiling price is P1.75 per tin.

Yes, Section 3 states that any commodity not previously covered but having the same size and specification as those mentioned shall have the same ceiling price.

Yes, the ceiling prices fixed in this order include the 7 percent sales tax and 1 percent municipal tax.

It took effect five days from February 10, 1951, the date it was signed.

Executive Order No. 411 amends sections of these earlier orders to update the ceiling prices for powdered milk, indicating their continuing regulatory framework under Republic Act No. 509.

Elpidio Quirino was the President who signed the order.

Teodoro Evangelista was the Executive Secretary who signed the order on behalf of the President.


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