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Global Trade Alert

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Philippines: Provided an income tax holiday and import duties exemption for Mindanao-based cement companies

Description

On 17 January 2022, the Philippines Fiscal Incentives Review Board approved the grant of import duties exemption on capital equipment and raw materials for cement production by Minandao-based cement m...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

17 Jan 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

sector-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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