Ceiling price adjustments for imported powdered milk

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EXECUTIVE ORDER NO. 411: Ceiling price adjustments for imported powdered milk

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Title Source: Supreme Court: 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.

Amendments to Previous Executive Orders on Ceiling Prices

Section 1 amends Executive Order No. 331 dated July 7, 1950.
New ceiling prices are set for imported powdered milk brands Klim and Darigold:
- Klim (12/1-lb.): Producer's price at P22.34/case, wholesale price at P23.45/case, retail ceiling price at P2.10/tin.
- Darigold (24/1-lb.): Producer's price at P34.56/case, wholesale price at P37.48/case, retail ceiling price at P1.75/tin.

Further Amendments to Ceiling Prices

Section 2 amends Executive Order No. 343 dated August 14, 1950.
Sets a new ceiling price for Golden State powdered milk (12/1-lb.):
- Producer's price at P17.28/case, wholesale price at P18.74/case, retail ceiling price at P1.75/tin.

Pricing Consistency for Similar Commodities

Section 3 establishes that commodities not previously covered but identical in size and specification to those listed shall be subject to the same ceiling prices.

Tax Inclusion in Ceiling Prices

Section 4 clarifies that the ceiling prices include all applicable taxes:
- 7% sales tax.
- 1% municipal tax.

Effectivity and Implementation

Section 5 states the order shall take effect five days after its issuance date.
The order was signed by President Elpidio Quirino and Executive Secretary Teodoro Evangelista in Manila on February 10, 1951.

END