Phl slaps higher tariff on imported salt
Excerpt
Local salt industry stakeholders and experts do not think that the hike on the tariff on imported salt products implemented by the government could make any difference in the lives of Filipino salt farmers and the development of the local salt industry. The Bureau of Customs (BOC) confirmed to The STAR that the increase in salt tariffs to nine percent took effect with the issuance of Customs Memorandum Circular 164-2024 dated Sept. 30, at least six months after Republic Act 11985 or the Philippine Salt Industry Development Act was signed into law by President Marcos.
Citation
Arcalas, J. E. (2024, October 24). Phl slaps higher tariff on imported salt. The Philippine Star, p. 4.
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