Section 8
SEC. 8. Insecticides, pesticides, and other supplies used for pest control shall be sold for cash not to exceed fifty per cent of procurement, handling and storage cost or may be advanced payable in palay or corn at harvest time. If payable in palay or corn, computation shall be based on the cash value and government price of the cereal at the time of harvest. The importation of insecticides shall be exempt from the payment of all taxes, including import duties. All funds derived from the sale of insecticides, pesticides and other supplies, shall be used exclusively for the prosecution of the pest control program under this. Act.