Republic Act No. 1375





Section 1. Sections one and two of Republic Act Numbered Six hundred one, as amended by Republic Acts Numbered Eleven hundred seventy-five and Eleven hundred ninety-seven, are further amended to read as follows:

"Section 1. Except as herein otherwise provided, there shall be assessed, collected, and paid a special excise tax of seventeen per centum on the value in Philippine peso of foreign exchange sold and/or authorized to be sold by the Central Bank of the Philippines, or any of its agents until June thirtieth, nineteen hundred and fifty-six.

"Sec. 2. The tax provided for in section one of this Act shall not be collected on foreign exchange used for the payment of the cost, transportation and/or other charges incident to importation into the Philippines of canned milk, canned beef, cattle, canned fish, cocoa beans, malt, stabilizer and flavors, vitamin concentrate; supplies and equipment purchased directly by the Government or any of its instrumentalities for its own exclusive use; machinery, equipment, accessories, and spare parts, for the use of industries, miners, mining enterprises, planters and farmers; and fertilizers when imported by planters or farmers directly or through their cooperatives; articles or containers used, including materials for the manufacture of tin containers used by the importer himself in the manufacture or preparation of local products for consignment or export abroad; textbooks, reference books, and supplementary readers approved by the Board on Textbooks and/or established public or private educational institutions; paper imported by publishers for their exclusive use in the publication of books, pamphlets, magazines and newspapers; carbides, explosives and dynamite for mining purposes; drugs and medicines, and medical and hospital supplies listed in the appendix of this Act; payment in respect of reinsurance; payment in respect of marine and aviation insurance; spare parts to be used in the repair of vessels of Philippine registry orrplanes and such other parts thereof as may be certified by the Hulls and Boilers Division of the Bureau of Customs or the Civil Aeronautics Administration, respectively, as essential to the maintenance of vessels orrplanes; payment of purchase price of vessels or ships of any kind or nature intended for Philippine registry, ninety per cent of the ownership of which belongs exclusively to Filipinos, or charter fees ofrplanes and vessels of Philippine register; remittances byrlines of American registry operating between the Philippines and the United States of income in the Philippines to their head offices in the United States: Provided, That suchrlines have been granted a permit to operate under ther Transport Agreement between the United States and the Philippines prior to the enactment of Republic Act Numbered Six hundred one; remittances for payment of principal and interests of foreign loan contracted under obligation of the Philippine Government or any of its instrumentalities; remittances for payment of living expenses of students pursuing courses of studies abroad not exceeding the equivalent of two hundred and fifty dollars per month including payment of tuition, books, medical expenses and other school fees; and dollar allocations for one trip a year and not exceeding three hundred dollars for each Filipino pilgrim of any religion travelling abroad under permit of the Government; payment of premiums by veterans on life insurance policies under the Government of the United States; and payment of premiums and other amounts due by policy-holders on life insurance policies issued before December nine, nineteen hundred and forty-nine, and payment of machinery and/or raw materials to be used by new and necessary industries as determined in accordance with Republic Act Numbered Thirty-five as amended by Republic Act Numbered Nine hundred and one."

Sec. 2. This Act shall take effect on July 1, 1955.cralaw

Approved: June 18, 1955


1. Adrenalin (Epinephrine) Chloride (not preparations)
2. Aluminum Hydroxide
3. Amebacides except emetine preparations
4. Amino acid preparations, solutions, parenteral
5. Antihelmintic preparations except calomel and santonin
6. Antihypertension preparations
7. Anti-Leprosy preparations
8. Antimalarias except quinine preparations
9. Antisyphilitic preparations
10. Antitetanic serum
11. Aureomycin preparations
12. Blood Testing serums and solutions
13. Cardiac stimulants except aminophylline preparations and digitalis preparations
14. Castor Oil
15. Chenopodium Oil
16. Chloromycetin preparations
17. Coagulants
18. Cortisone Acetate preparations
19. Diagnostic Reagents (not chemical reagents) for chemical analysis
20. Digitalis
21. Diphtheria Antitoxin and other immunological preparations
22. Diphtheria Toxoid
23. Discoids of Hydrocyanic Acid (HCN) for fumigation work
24. Drugs (crude or otherwise), chemicals (simple or compound) for pharmaceutical manufacture
25. Drugs and medicines for the use of the dental and veterinary professions
26. Ergot
27. Gas Gangrene Antitoxin
28. Gland products and synthetic substitutes
29. Heparin derivatives
30. Hormone preparations
31. Hydrogen Peroxide preparations
32. HTH Commercial (not solution)
33. Insulin preparations, all forms
34. Laboratory Stains
35. Cresol, Creolin or Animal Dip
36. Liver Extract
37. Magnesium Hydroxide
38. Magnesium Trisilicate
39. Mercurial Diuretics
40. Mercurochrome crystals
41. Merthiolate preparations
42. Neomycin and preparations
43. Novocain and other anaesthetics for general, spinal, intravenous, local or dental use.
44. Opium, its alkaloids and their salts, and synthetic substitutes
45. Pancreatic extracts
46. Plasma
47. Pregnenolon Acetate
48. Protein Solutions, powders and compounds
49. Quarternary Ammonium compounds
50. Saccharine
51. Salt Substitutes
52. Similac, Klim, Lactogen and other dehydrated powdered milk
53. Sera and vaccines
54. Terramycin and preparations
55. Tuberculin Tablets PPD, 1st and 2nd Tests
56. Anti-biotics powder (bulk) for pharmaceutical preparations
57. Tetracyn and preparations
58. Achromycin and preparations

1. Applicators, wood
2. Bandage, gauze
3. Bandage, specialists, Plaster of Paris
4. Cotton, Absorbent
5. Dental instruments and supplies
6. Diagnostic instruments
7. Droppers, medicine
8. Electro Medical Equipment
9. Gauze, plain
10. Gauze, sponges
11. Major Operating table (not examining table)
12. Needles, hypo, all sizes
13. Operating lights
14. Optometric instruments and supplies
15. Plasters, adhesive, all sizes
16. Sterilizers, autoclaves
17. Surgical instruments
18. Sutures, all kinds and sizes
19. Syringes, hypo, all sizes
20. X-Ray films
21. X-Ray equipment and supplies
22. Radium for therapy
23. Not more than two new well-tested drugs authorized by the Secretary of Health upon the recommendation of the Philippine Medical Association and the Medical Association of Private Practitioners.cralaw

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