Republic Acts1 min read
Section 72October 10, 1991, Sec./Art. 72
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of Presidential Decree No. 705, as amended, (formerly Section 234 of the National Revenue Code) is hereby amended to read as follows:
"Section 72. Charges on Minor Forest Products- All other forest products of forestland which are not covered by the preceding sections shall be exempt rattan, gums and resins, beeswax, guta-percha, almaciga resin and bamboo which shall be charged at ten percent (10%) of the actual FOB market price."
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