Question & AnswerQ&A (Republic Act No. 5988)
Republic Act No. 5988 amends Republic Act Numbered 1937, also known as the Tariff and Customs Code of the Philippines.
RA No. 5988 amends Paragraph 29.15, Chapter 29, Schedule VI of Section 104 of Republic Act Numbered 1937.
Paragraph 29.15 covers polyacids and their anhydrides, acid halides, acid peroxides and peracids, and their halogenated, sulphonated, nitrated, or nitrosated derivatives, specifically including various plasticizers like phthalate, phosphate, sebacates, adipates, azelates, epoxidized oils and their mixtures.
The tariff on phthalate plasticizers, esters of phthalic anhydride, is either P1.00 per net kilogram or 75% ad valorem.
Phosphate plasticizers, esters of phosphorous oxychloride, are subject to a tariff of P1.00 per net kilogram or 75% ad valorem.
Yes, while the majority like phthalate and phosphate plasticizers have a tariff of P1.00 per net kilogram or 75% ad valorem, the category listed as 'Other' derivatives is subject to a 40% ad valorem tariff.
Sebacates, adipates, and azelates, which are esters of sebacic, adipic, and azelaic acids, are subject to a tariff of P1.00 per net kilogram or 75% ad valorem.
Yes, epoxidized oils and their esters have a tariff of P1.00 per net kilogram or 75% ad valorem, as do mixtures containing alkyl phthalates.
Ad valorem means the tariff is calculated as a percentage of the value of the goods rather than a fixed amount per unit weight.
Republic Act No. 5988 was enacted on August 4, 1969, and was enacted without Executive approval.