Republic Act
Approved June 19, 1960

Republic Act No. 3012

An act to amend heading 73.14, chapter 73, schedule xv, section one hundred four of republic act numbered nineteen hundred thirty-seven, otherwise known as the tariff and customs code of the philippines

An Act to Amend Heading 73.14, Chapter 73, Schedule XV, Section One Hundred Four of Republic Act Numbered Nineteen Hundred Thirty-Seven, Otherwise Known as the Tariff and Customs Code of the Philippines

In plain language

The act amends a specific heading in the Tariff and Customs Code to specify the classifications and ad valorem duties for iron or steel wire.

  • 73.14. Iron or Steel Wire, single strand, with a. cross-sectional dimension of 5.5mm to 6.5m ad val. 10% b. cross-sectional dimension of 1.65mm to 5.49m ad val. 75% or G.W., 100 kg ₱16.00 c. other ad val. 15% d. coated but not insulate ad val. 15%
tariff
customs code
iron wire
steel wire
ad valorem duties

REPUBLIC ACT No. 3012

An Act to Amend Heading 73.14, Chapter 73, Schedule XV, Section One Hundred Four of Republic Act Numbered Nineteen Hundred Thirty-Seven, Otherwise Known as the Tariff and Customs Code of the Philippines

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

Section 1

Heading 73.14, Chapter 73, Schedule XV, Section one hundred four of Republic Act Numbered Nineteen hundred thirty-seven is amended to read as follows:

"73.14. Iron or Steel Wire, single strand, with

a. cross-sectional dimension of 5.5mm to 6.5m ad val. 10% b. cross-sectional dimension of 1.65mm to 5.49m ad val. 75% or G.W., 100 kg ₱16.00 c. other ad val. 15% d. coated but not insulate ad val. 15%

Section 2

This Act shall take effect upon its approval.

Approved: June 19, 1960.

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.