Republic Act No. 2086: An act to amend paragraphs 73.11 and 73.21 of chapter 73, schedule xv, of republic act numbered nineteen hundred thirty-seven, otherwise known as tariff and customs code of the philippines, and for other purposes

Republic Act No. 2086

An act to amend paragraphs 73.11 and 73.21 of chapter 73, schedule xv, of republic act numbered nineteen hundred thirty-seven, otherwise known as tariff and customs code of the philippines, and for other purposes

AN ACT TO AMEND PARAGRAPHS 73.11 AND 73.21 OF CHAPTER 73, SCHEDULE XV, OF REPUBLIC ACT NUMBERED NINETEEN HUNDRED THIRTY-SEVEN, OTHERWISE KNOWN AS TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AND FOR OTHER PURPOSES

In plain language

An amendment to Republic Act No. 1937 (Tariff and Customs Code) that updates ad valorem duty rates for specific iron and steel products in paragraphs 73.11 and 73.21.

Amendment of paragraph 73.11: 25% ad val for angles (≤88 mm) and channels (≤75 mm); 80% ad val for riveted, welded, punched, or drilled; 15% ad val for other items.

Amendment of paragraph 73.21: 80% ad val for assembled sheet piling and related structural elements.

Tariff

Customs

Amendment

Steel

Iron

REPUBLIC ACT No. 2086

An Act Appropriating Annually the Sum of One Hundred Thousand Pesos as Aid to the Music Promotion Foundation

Repealed by Republic Act No. 3042

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

There is hereby appropriated annually, out of any funds in the National Treasury not otherwise appropriated, the sum of one hundred thousand pesos as aid of the Government to the Music Promotion Foundation in the prosecution of the objectives of the said Foundation.

Section 2

This Act shall take effect upon its approval.

Approved: June 14, 1958.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.