MALACAÑANG
MANILA
NATIONAL EMERGENCY
MEMORANDUM ORDER NO. 27
MODIFYING THE RATES OF IMPORT DUTY ON GAS OILS AND KEROSENE INCLUDING KEROSENE TYPE JET FUEL UNDER SECTION 104 OF PRESIDENTIAL DECREE NO. 1464, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED
Pursuant to Republic Act No. 6826 authorizing the President to issue rules and regulations under Section 3 (7) “[t]o conserve and regulate the distribution and use of power, fuels and energy and ensure adequate supply of the same” and (11) “[t]o undertake such other measures as may be reasonable and necessary to enable the President to carry out the declared national policy subject to the Bill of Rights and other constitutional guarantees,” I, CORAZON C. AQUINO, President of the Philippines, do hereby order:
SECTION 1. The import duties on and the nomenclature of the following articles under Section 104 of the Tariff and Customs Code of 1978, as amended, are hereby modified as follows:
| HDG | HARMONIZED SYSTEM | RATE | DESCRIPTION | RATE OF DUTY (%) |
| 27.10 | 2710.00 | 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 | – – – x x x | |||
| 2710 00 21 | – – – – x x x | |||
| 2710 00 29 | – – – – x x x | |||
| 2710 00 30 | – – – Gas oils, fuel oils and other heavy oils; aviation gasoline, white spirit; naphtha and kerosene. | |||
| 2710 00 31 | – – – – x x x | |||
| 2710 00 32 | – – – – x x x | |||
| 2710 00 33 | – – – – Gas oils (including diesel oil) | 10% | ||
| 2710 00 34 | – – – – Kerosene (including kerosene type | |||
| jet fuel) | 10% | |||
| 2710 00 39 | – – – – x x x | |||
| 2710 00 90 | – – – x x x |
SECTION 2.Upon effectivity of this Memorandum Order and for a period of six (6) months from date thereof, the above articles when entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the rates of duty herein prescribed.
SECTION 3.This urgent Memorandum Order shall take effect two (2) days after publication in two (2) national newspapers of general circulation.
DONE in the City of Manila, this 22nd day of May, in the year of our Lord, nineteen hundred and ninety.
(Sgd.) CORAZON C. AQUINO
By the President:
(Sgd.) CATALINO MACARAIG, JR.
Executive Secretary
Source: CDAsia
