The newly-signed Rice Tariffication Act will take effect March 5 instead of the previously announced March 3, the Finance department clarified on Tuesday.
“It’s March 5. That would be 15 days after posting of the law on the Official Gazette,” Finance Assistant Secretary Antonio Joselito Lambino 2nd said in a text message after a Monday announcement that the shift from quantitative restrictions (QRs) would start March 3.
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