H. No. 2530 / 50 OG No. 8, 3505 (August, 1954)

[ REPUBLIC ACT NO. 1153, June 17, 1954 ]

AN ACT TO AMEND PARAGRAPH TWENTY-TWO OF SECTION EIGHT OF THE PHILIPPINE TARIFF ACT OF NINETEEN HUNDRED AND NINE.

Be it enacted by the Senate and House, of Representative of the Philippines in Congress assembled: SECTION 1. Paragraph twenty-two of section eight the Philippine Tariff Act of Nineteen hundred and nine is amended to read as follows:

"22. (a) Tars, pitches, and tar oils, not otherwise provided for; mineral oils, crude or refined (except gasoline, naphtha, and other similar products of distillation), including those of illumination, lubrication, fuel, or solvents, vaseline (except when compounded with other substances); axle grease of all kinds; asphaltums; carbolineum and similar compounds; gross weight, one hundred kilos, twenty-five cents. "(b) Gasoline, naphtha, and other similar products of distillation, gross weight, one hundred kilos, fifty cents."Provided, That no article classified under clause (a) of this paragraph shall pay a less rate of duty than ten per centum, ad valorem. "Provided, further, That no article classified under clause (b) of this paragraph shall pay a less rate of duty than twenty per centum, ad valorem. "Provided, finally, That though imported under a name referable to clause (a) of this paragraph, paraffin, or other similar products, shall be classified under paragraph eighty-three of this Act."

SEC. 2. This Act shall take effect upon its approval. Approved, June 17, 1954.

Source: Supreme Court E-Library