EXECUTIVE ORDER NO. 46 September 4, 1986
GRANTING THE MINISTRY OF TOURISM, THROUGH THE PHILIPPINE TOURISM AUTHORITY (PTA), AUTHORITY TO ESTABLISH AND OPERATE A DUTY AND TAX FREE MERCHANDISING SYSTEM IN THE PHILIPPINES
WHEREAS, as service facilities for tourists, the duty and tax free shops have generated foreign exchange and revenue;
WHEREAS, it is economically advantageous to continue and maintain the operation of duty and tax free shops and stores;
WHEREAS, the operation thereof is best left to the Government for more direct and effective control and regulation.
NOW THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, do hereby order:
Sec. 1. The Ministry of Tourism, through the Philippine Tourism Authority (PTA) is hereby authorized to establish a duty and tax free merchandising system in the Philippines to augment the service facilities for tourists and to generate foreign exchange and revenue for the government. Under this system, the Philippine Tourism Authority shall have the exclusive authority to operate stores and shops that would sell, among others, tax and...
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Executive Orders
Granting The Ministry Of Tourism, Through The Philippine Tourism Authority (Pta), Authority To Establish And Operate A Duty And Tax Free Merchandising System In The Philippines
Executive Order No. 46
Summary of Executive Order No. 46
Granting the Ministry of Tourism Authority to Establish Duty and Tax Free Merchandising System
- The Ministry of Tourism, through the Philippine Tourism Authority (PTA), is authorized to establish a duty and tax free merchandising system in the Philippines. (Sec. 1)
- The PTA shall have the exclusive authority to operate stores and shops that sell tax and duty free merchandise, goods and articles in international airports and sea ports throughout the country. (Sec. 1)
- If the operation of the stores is contracted to private parties, it shall be done through the usual bidding process. (Sec. 1)
- The Minister of Tourism shall promulgate rules and regulations to implement this Order, ensuring that: (Sec. 2)
- The merchandising system is at par with international standards in terms of prices and services.
- The stores and shops showcase Philippine culture, craftsmanship, and industry.
- The system is an efficient and effective vehicle for generating foreign exchange and revenue for the government.
- Merchandise in the shops and stores shall be sold only to departing passengers for consumption abroad.
- Subject to limitations, rules, and regulations prescribed by the Ministry of Finance, the shops may sell merchandise to passengers coming into the Philippines from abroad.
- All net profits from the merchandising operations shall accrue to the Ministry of Tourism, which shall allocate the same in accordance with existing policies and regulations. (Sec. 3)
- All laws, orders, issuances, rules and regulations or any part thereof inconsistent with this Executive Order are hereby repealed or modified accordingly. (Sec. 4)
- This Order shall take effect immediately. (Sec. 5)
Granting the Ministry of Tourism Authority to Establish Duty and Tax Free Merchandising System
- The Ministry of Tourism, through the Philippine Tourism Authority (PTA), is authorized to establish a duty and tax free merchandising system in the Philippines. (Sec. 1)
- The PTA shall have the exclusive authority to operate stores and shops that sell tax and duty free merchandise, goods and articles in international airports and sea ports throughout the country. (Sec. 1)
- If the operation of the stores is contracted to private parties, it shall be done through the usual bidding process. (Sec. 1)
- The Minister of Tourism shall promulgate rules and regulations to implement this Order, ensuring that: (Sec. 2)
- The merchandising system is at par with international standards in terms of prices and services.
- The stores and shops showcase Philippine culture, craftsmanship, and industry.
- The system is an efficient and effective vehicle for generating foreign exchange and revenue for the government.
- Merchandise in the shops and stores shall be sold only to departing passengers for consumption abroad.
- Subject to limitations, rules, and regulations prescribed by the Ministry of Finance, the shops may sell merchandise to passengers coming into the Philippines from abroad.
- All net profits from the merchandising operations shall accrue to the Ministry of Tourism, which shall allocate the same in accordance with existing policies and regulations. (Sec. 3)
- All laws, orders, issuances, rules and regulations or any part thereof inconsistent with this Executive Order are hereby repealed or modified accordingly. (Sec. 4)
- This Order shall take effect immediately. (Sec. 5)