Executive Order No. 115

 

 

INCREASING THE SPECIAL DUTIES ON CRUDE OIL AND OIL PRODUCTS UNDER SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS AMENDED

 

Pursuant to the powers vested in me under Sections 104 and 401 of the Tariff and Customs Code of the Philippines, as amended, I, FIDEL V. RAMOS, President of the Philippines, do hereby order:

 

SECTION 1.  A special duty of P 1.90 per liter or P 302.10 per barrel on imported crude oil falling under Hdg. No. 27.09 and P 2.00 per liter on imported oil products falling under Hdg. Nos. 27.10 and 27.11 of Section 104 of the Tariff and Customs Code of the Philippines, as amended, and listed in Annex A hereof shall be levied in addition to the existing ad valorem rates imposed on these articles.

 

SEC. 2.  Upon the effectivity of this Executive Order, the articles listed in Annex A hereof when entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the new additional rates of duty prescribed therein.

 

SEC. 3.  The special duties imposed by Executive Order No. 478 on crude oil and imported oil products are hereby amended.

 

All other laws, Executive Orders, rules and regulations inconsistent with this Order are hereby modified, amended or repealed accordingly.

 

SEC. 4.  This Executive Order shall take effect after thirty (30) days following its publication in two (2) national newspapers of general circulation in the Philippines.

 

Done in the City of Manila, this 24th day of July, in the year of Our Lord, nineteen hundred and ninety-three.

 

ANNEX A

 

NOMENCLATURE AND SPECIAL DUTY ON CRUDE OIL AND OIL PRODUCTS

 

 

 

HS HDG NO.

DESCRIPTION

RATE OF DUTY

2709.00 00

Petroleum oils and oils obtained from bituminous minerals, crude.

10% ad. val. plus P 1.90/liter or P 302.10/barrel

2710.00 00

Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included,
containing by weight 70 % or more
of petroleum oils or of oils obtained
from bituminous minerals, these
oils being the basic constituents
of the preparations.

 

2710.00 10

   - - - x x x

 

2710.00 20

  - - - Lubricating oil, including lubricating oil basestocks when
imported with special authorization by the Energy Regulatory Board

10% ad val. plus P 2.00/liter

2710.00 30

- - - Fuels oils, naptha, low aromatic solvents:

 

2710.00 31

- - - - Fuels oils

10% ad val.

2710.00 32

- - - - Naptha, when imported with special authorization by the Energy Regulatory Board  

10 % ad val.

2710.00 33

- - - - Other naphtha

10 % ad val. plus P 2.00/liter

2710.00 34

- - - - Low aromatic solvents, when imported with special authorization by the Energy Regulatory Board

10% ad. val.

2710.00 35

- - - - Other low aromatic solvents

10% ad val. plus P 2.00/liter

2710.00 40

- - - x x x

 

2710.00 50

- - - Gas oils (including diesel oil), kerosene (including kerosene type jet fuel) and motor gasoline; other heavy oils:

 

2710.00 51

- - - - Gas oils (including diesel oil), when imported with special authorization by the Energy Regulatory Board

20% ad val.

2710.00 59

- - - - Other 

10% ad val. plus P 2.00/liter

2710.00 90

- - - Other oils and preparations

10% ad val. plus P 2.00/liter

27.11

Petroleum gases and other gaseous hydrocarbons

 

 

- Liquefied:

 

2711.11 00

- - Natural gas

10% ad val. plus P 2.00/liter

2711.12 00

- - Propane

10% ad val. plus P 2.00/liter

2711.13 00

- - Butanes

10% ad val. plus P 2.00/liter

2711.14 00

- - Ethylene, propylene, butylene and butadiene

10% ad val. plus P 2.00/liter

2711.19 00

- - Other

10% ad val. plus P 2.00/liter

 

- - In gaseous state:

10% ad val. plus P 2.00/liter

2711.21 00

- - Natural gas

10% ad val. plus P 2.00/liter

2711.29 00

- - Other  

10% ad val. plus P 2.00/liter

 

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