Duty and Tax Exemptions.
Section 95
SEC. 95. Duty and Tax Exemptions. — Consistent with the nature of its operations and primary function to operate as a tax- and duty-free merchandising system, and to enable it to compete in the international tax- and duty-free market, DPPC shall be entitled to exemption from the following: Duties and taxes, including excise and VAT, relative Local taxes and fees imposed by the LGUs; and Corporate income taxation. to the importation of merchandise for sale;