Modifying The Rates Of Import Duty On Certain Imported Articles As Provided For Under The Tariff And Customs Code Of The Philippines, As Amended, In Order To Implement The Amended Tariff Reduction Schedule On Motor Vehicles’ Components, Parts And/or Accessories Under Executive Order No. 767pursuant To The Agreement Between The Republic Of The Philippines And Japan For An Economic Partnership

MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

EXECUTIVE ORDER No. 157

MODIFYING THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED FOR UNDER THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS AMENDED, IN ORDER TO IMPLEMENT THE AMENDED TARIFF REDUCTION SCHEDULE ON MOTOR VEHICLES’ COMPONENTS, PARTS AND/OR ACCESSORIES UNDER EXECUTIVE ORDER NO. 767PURSUANT TO THE AGREEMENT BETWEEN THE REPUBLIC OF THE PHILIPPINES AND JAPAN FOR AN ECONOMIC PARTNERSHIP

WHEREAS, the Agreement Between the Republic of the Philippines and Japan for an Economic Partnership (PJEPA) was signed by the Heads of Government of the Philippines and Japan on 09 September 2006, and ratified by the Philippine Senate, through Resolution No. 131, on 08 October 2008;

WHEREAS, Section 3 of Executive Order (EO) No. 767 (s. 2008) provides that, as indicated in the Notes for the Schedule of the Philippines under the PJEPA, the rates of duty of certain products represented with the symbol “S” shall be subject to negotiations in 2009;

WHEREAS, paragraph 4 (a) (ii), Section 1, Part 3...

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Summary of Executive Order No. 157

Modifying Import Duty Rates on Motor Vehicles' Components, Parts and Accessories
- Pursuant to the Philippines-Japan Economic Partnership Agreement (PJEPA) (Section 1)
- Implements the amended tariff reduction schedule on motor vehicles' components, parts and/or accessories under Executive Order No. 767 (Section 1)

Reduction of Tariff Rates
- Articles listed in the attached Annex shall be subject to the rates of duty indicated in Column 4 of the Annex (Section 1)

Applicable PJEPA Rates
- For Japan, the applicable rate shall be the PJEPA rate subject to submission of the proper Certificate of Origin (CO) Form JP (Section 2)
- The Tariff Commission may issue tariff classification rulings to confirm the applicable rates of duty (Section 2)

Rules of Origin
- Articles in the Annex shall be imposed the prescribed rates of duty subject to compliance with the Rules of Origin as provided for in Chapter 3 of PJEPA (Section 3)

Right of Recourse
- The Philippines may invoke its right of recourse to all trade remedy measures provided for in the law, PJEPA and other relevant international agreements against import surges (Section 4)

Repealing Clause
- All issuances inconsistent with this Order are repealed, amended or modified accordingly (Section 5)

Separability Clause
- If any provision is declared invalid or unconstitutional, the other provisions shall remain valid and subsisting (Section 6)

Effectivity Clause
- This Order shall take effect immediately upon publication in a newspaper of general circulation (Section 7)