EXECUTIVE ORDER NO. 918 November 3, 1983
AMENDING EXECUTIVE ORDER NO. 860, SERIES OF 1982
WHEREAS, Executive Order No. 860, series of 1982, imposing an additional import duty was promulgated as a necessary measure to reduce importations to the barest minimum;
WHEREAS, the prevailing economic situation has made it necessary to the further curtail importations by increasing the rate of the additional import duty.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, by virtue of the powers vested in me by the Constitution and the authority vested in me by Presidential Decree No. 1464, as amended, particularly Section 401 thereof, do hereby order and ordain:
Sec. 1. Section 1 of Executive Order No. 860, series of 1982, is hereby amended to read as follows:
"Sec. 1. Imposition of Additional Duty. Except as herein specifically provided, there shall be levied, collected and paid, in addition to any other duties, taxes and charges imposed by law on all importations into the Philippines, an additional duty of five per cent (5%)...
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Executive Orders
Amending Executive Order No. 860, Series of 1982
Executive Order No. 918
Summary of Executive Order No. 918
Imposition of Additional Import Duty
- An additional duty of five percent (5%) ad valorem shall be levied, collected, and paid on all importations into the Philippines, in addition to any other duties, taxes, and charges imposed by law. (Section 1)
- The additional 5% duty shall also be levied, collected, and paid even if the importation is exempt under existing laws, except for the exemptions provided in Section 4. (Section 2)
- For importations subject to Presidential Decree No. 1395, the additional 5% duty shall be levied, collected, and paid in addition to the 5% duty imposed under that decree. (Section 3)
- For importations released under re-export bond, the additional 5% duty shall be assessed and included in the amount of the required re-export bond. (Section 4)
Exempt Importations
- The following importations are exempt from the additional 5% duty: (Section 5)
a) Importations of government agencies, instrumentalities, or government-owned or controlled corporations with existing contracts, commitments, agreements, or obligations (requiring such exemption) with foreign countries, international institutions, associations, or organizations entitled to exemption pursuant to agreements or special laws. (Section 5a)
b) Importations of the diplomatic corps under the provisions of paragraph K, Section 105, Presidential Decree No. 1464, as amended. (Section 5b)
c) Personal effects of returning Filipino diplomats under the provisions of the penultimate paragraph, Section 105, Presidential Decree No. 1464, as amended. (Section 5c)
d) Importations of bonded manufacturing warehouses under the provisions of Section 2002, Presidential Decree No. 1464, as amended; Republic Act No. 3137; Presidential Decree No. 1789, as amended by Batas Pambansa Blg. 391, and firms operating in Export Processing Zones. (Section 5d)
e) Importations of bonded smelting warehouses under the provisions of Section 2005, Presidential Decree No. 1464, as amended. (Section 5e)
Effectivity
- This Executive Order shall take effect immediately. (Section 6)
Imposition of Additional Import Duty
- An additional duty of five percent (5%) ad valorem shall be levied, collected, and paid on all importations into the Philippines, in addition to any other duties, taxes, and charges imposed by law. (Section 1)
- The additional 5% duty shall also be levied, collected, and paid even if the importation is exempt under existing laws, except for the exemptions provided in Section 4. (Section 2)
- For importations subject to Presidential Decree No. 1395, the additional 5% duty shall be levied, collected, and paid in addition to the 5% duty imposed under that decree. (Section 3)
- For importations released under re-export bond, the additional 5% duty shall be assessed and included in the amount of the required re-export bond. (Section 4)
Exempt Importations
- The following importations are exempt from the additional 5% duty: (Section 5)
a) Importations of government agencies, instrumentalities, or government-owned or controlled corporations with existing contracts, commitments, agreements, or obligations (requiring such exemption) with foreign countries, international institutions, associations, or organizations entitled to exemption pursuant to agreements or special laws. (Section 5a)
b) Importations of the diplomatic corps under the provisions of paragraph K, Section 105, Presidential Decree No. 1464, as amended. (Section 5b)
c) Personal effects of returning Filipino diplomats under the provisions of the penultimate paragraph, Section 105, Presidential Decree No. 1464, as amended. (Section 5c)
d) Importations of bonded manufacturing warehouses under the provisions of Section 2002, Presidential Decree No. 1464, as amended; Republic Act No. 3137; Presidential Decree No. 1789, as amended by Batas Pambansa Blg. 391, and firms operating in Export Processing Zones. (Section 5d)
e) Importations of bonded smelting warehouses under the provisions of Section 2005, Presidential Decree No. 1464, as amended. (Section 5e)
Effectivity
- This Executive Order shall take effect immediately. (Section 6)