/PRNewswire/ The "Research Report on Southeast Asia Cement Industry 2023-2032" report has been added to ResearchAndMarkets.com s offering. The development.
Published December 21, 2020, 7:00 AM
There appears to be confusion in the imposition of the second year safeguard duty on imported cement with the Department of Trade and Industry (DTI), the Tariff Commission (TC), and the Bureau of Customs (BOC) apparently not coordinating with each other.
This transpired at the recent public hearing last Friday by the TC on the Monitoring of the Philippine Cement Industry.
The DTI already issued Department Administrative Order No. 20-08 series of 2020 setting the duty rate for the second year of the three-year safeguard measure against imported cement at P9.80 duty for every 40-kg bag of imported cement or P245 per metric ton.