EXECUTIVE ORDER NO. 414 June 20, 1973
MODIFYING THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER REPUBLIC ACT NO. 1937, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS AMENDED
Pursuant to the powers vested in me by Section 401 of Republic Act No. 1937, as amended, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order:
Sec. 1. The articles specifically listed hereunder as classified under Section 104 of Republic Act No. 1937 shall pay the following rates of import duty:
|
Tariff Heading No. |
Description of Articles |
Rate of Duty |
|
97.04 |
Equipment for parlour, table and funfair games for adults or children (including billiard tables and pin-tables and table-tennis requisites): |
|
|
A. TABLE TENNIS BALLS AND RACKETS; PARTS THEREOF . . . ad val. |
20% |
|
B. OTHER . . . . ad val. |
50% |
|
97.06 |
Appliances, apparatus, accessories and requisites for gymnastics or athletics, or for sports and outdoor games (other than articles falling within heading No. 97.04 . . . ad val. |
20% |
|
92.09 |
Musical Instrument strings |
20% |
Sec. 2. After the expiration of thirty (30) days from the issuance of this Order, all the above-described articles entered or withdrawn from warehouse, in the Philippines, for consumption shall be subject to the rates of import duty herein prescribed.
Sec. 3. Any unwarranted increase in the prices of local products benefited by these tariff charges may be sufficient ground for the revocation of such tariff changes.
Done in the City of Manila, this 20th day of June, in the year of Our Lord, nineteen hundred and seventy-three.
