Classification of Goods under Clause (a)
- Includes tars, pitches, tar oils (if not otherwise provided for).
- Includes mineral oils, both crude and refined, except gasoline, naphtha, and similar distillation products.
- Covers mineral oils used for illumination, lubrication, fuel, or solvents.
- Includes vaseline, except when compounded with other substances.
- Includes axle grease of all kinds, asphaltums, carbolineum, and similar compounds.
- Tariff rate is set at twenty-five cents per one hundred kilos gross weight.
- Minimum duty rate is ten percent ad valorem, ensuring no item under this clause pays less than this percentage.
Classification of Goods under Clause (b)
- Encompasses gasoline, naphtha, and similar distillation products.
- Tariff rate is set at fifty cents per one hundred kilos gross weight.
- Minimum duty rate is twenty percent ad valorem, ensuring no item under this clause pays less than this percentage.
Specific Provision on Paraffin and Related Products
- Paraffin or similar products imported under names referable to clause (a) are to be classified under paragraph eighty-three of the same Act.
- This ensures proper classification and avoids misinterpretation of tariff duties.
Effectivity
- The Act takes effect immediately upon approval date, which is June 17, 1954.