Question & AnswerQ&A (EXECUTIVE ORDER NO. 227)
For 1995, Portland cement and related hydraulic cements have a rate of duty as specified by the schedule, with certain types like Portland cement (Hdg. 2523.21 00) marked as 'a' indicating a special duty rate (likely zero or reduced), and cement clinker other than for white cement (Hdg. 2523.10 10) has a duty rate of 3%.
The previous reduced tariff rates under Executive Order No. 94, amended by Executive Order No. 116, expired on June 30, 1994.
The sharp increase in domestic demand for cement and the need to prevent possible shortages and price escalation prompted the reduction in import duties.
Section 2 mandates that upon effectivity of the Executive Order, all entries or withdrawals of the specified articles for consumption in the Philippines shall be levied the prescribed reduced duty rates.
Yes, Section 3 explicitly repeals or modifies all previous executive orders, issuances, rules, or regulations inconsistent with this Executive Order.
Executive Order No. 227 took effect immediately upon its publication in two national newspapers of general circulation in the Philippines.
The import duty on cement clinker other than for white cement is set at 3% both for 1995 and starting January 1, 1996.
Fidel V. Ramos signed Executive Order No. 227 as President of the Philippines.
Teofisto T. Guingona Jr. signed the Executive Order as Executive Secretary.
Section 104 of the Tariff and Customs Code of 1978, as amended, is referred to in setting the import duty rates on cement and cement clinker.