Republic Act No. 3005 (RA 3005) — An Act to Amend Paragraphs 71.02, 71.03 and 71.04 of Chapter 71, Schedule XIV, of Republic Act Numbered Nineteen Hundred Thirty-Seven, Otherwise Known as Tariff and Customs Code of the Philippines, and for Other Purposes.
Republic Act No. 3005 (RA 3005) — An Act to Amend Paragraphs 71.02, 71.03 and 71.04 of Chapter 71, Schedule XIV, of Republic Act Numbered Nineteen Hundred Thirty-Seven, Otherwise Known as Tariff and Customs Code of the Philippines, and for Other Purposes.
Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
SECTION 1. Paragraph 71.02 of Chapter 71, Schedule XIV of Republic Act Numbered Nineteen hundred thirty-seven, is hereby amended to read as follows:
"Precious and semiprecious stones, unworked, cut or otherwise worked, but neither set nor strung (except ungraded stones temporarily strung for convenience of transport):
A. Industrial diamonds ........................................................
ad val. 10%
B. Others............................................................................
ad val. 150%"
SEC. 2. Paragraph 71.03 of Chapter 71, Schedule XIV of Republic Act Numbered Nineteen hundred thirty-seven, is hereby amended to read as follows:
"Synthetic or reconstructed precious or semiprecious stones, unworked, cut or otherwise worked, but neither set nor strung (except ungraded stones temporarily strung for convenience of transport):
A. Industrial diamonds ........................................................
ad val. 10%
B. Others............................................................................
ad val. 100%"
SEC. 3. Paragraph 71.04 of Chapter 71, Schedule XIV of Republic Act Numbered Nineteen hundred thirty-seven, is hereby amended to read as follows:
"Dust and powder of natural or synthetic precious or semiprecious stones ..........
ad val. 10%"
