Reduction of Special Duties on Crude Oil and Products

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Title Supreme Court: Reduction of Special Duties on Crude Oil and Products

Law: Executive Order No. 160

Decision Date: Feb 23, 1994

President Fidel V. Ramos of the Republic of the Philippines issued Executive Order No. 160 to reduce special duties on imported crude oil and oil products, replacing the oil levy imposed by Executive Order No. 115 to generate revenue for government projects and social services programs.

reducing duties

special duties

crude oil

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