NSCB Resolution No. 9
Series of 1993

APPROVING THE PHILIPPINE STANDARD COMMODITY CLASSIFICATION REVISION 2

WHEREAS, a standard classification is necessary to ensure uniformity and comparability of commodity statistics compiled in the country;

WHEREAS, amendments to the Standard International Trade Classification Revision 3 (SITC, Rev. 3) which is the basis of the Philippine Standard Commodity Classification (PSCC), Revised, have been issued by the United Nations Statistical Commission;

WHEREAS, Executive Order (EO) Nos. 470 (July 20, 1991), 478 (August 23, 1991), 1 (June 30, 1992) and 61 (February 27, 1993) have further amended the Tariff and Customs Code of the Philippines (TCCP) as amended;

WHEREAS, there is a need to maintain a one-to-one correspondence between PSCC and the TCCP to facilitate translation of customs data in terms of the PSCC for purposes of economic analysis;

WHEREAS, the NSCB Technical Staff through the Statistical Programs and Resource Management Office (SPRMO) in coordination with the Technical Committee on Statistical Standards and Classifications (TC-SSC) and its Technical Working Group on Commodity Classifications (TWG-CC) has prepared and recommended for adoption the Philippine Standard Commodity Classification Revision 2, which incorporated the amendments in SITC, Rev. 3 and the TCCP as amended;

NOW THEREFORE, BE IT RESOLVED AS IT IS HEREBY RESOLVED, that the Board approve for adoption by concerned government offices, agencies and instrumentalities the PSCC Revision 2 and that the NSCB Secretary General be authorized to issue the necessary memorandum and circular for the implementation and dissemination of the aforementioned classification.

Approved this 27th day of October 1993.