EXECUTIVE ORDER NO. 799 May 19, 1982
MODIFYING THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER PRESIDENTIAL DECREE NO. 1464, AS AMENDED, OTHERWISE KNOWN AS THE TARIFF AND CUSTOMS CODE OF 1978, IN ORDER TO IMPLEMENT THE 20%-25% MARGINS OF TARIFF PREFERENCE ON ITEMS WITH IMPORT VALUE OF $50,000 TO $500,000 CIF 1978, AS RECORDED IN THE FOREIGN TRADE STATISTICS OF THE PHILIPPINES, IN ACCORDANCE WITH THE ELEVENTH AND TWELFTH DECISIONS OF THE ASEAN ECONOMIC MINISTERS (AEM) MEETINGS.
Pursuant to the powers vested in me by Section 402 of Presidential Decree No. 1464, as amended, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order;
Sec. 1. The articles specifically listed in Annex 'A' hereof as classified under Section 104 of Presidential Decree No. 1464, as amended, shall be accorded a 20%-25% margins of tariff preference as agreed upon during the Eleventh and Twelfth ASEAN Economic Ministers (AEM) Meetings. In effect, such articles shall be subject to the Preferential Tariff for ASEAN in accordance with the schedule...
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Executive Orders
Modifying the Rates of Import Duty on Certain Imported Articles as Provided Under Presidential Decree No. 1464, as Amended, Otherwise Known as the Tariff and Customs Code of 1978, in Order to Implement the 20%-25% Margins of Tariff Preference on Items With Import Value of $50,000 to $500,000 Cif 1978, as Recorded in the Foreign Trade Statistics of the Philippines, in Accordance With the Eleventh and Twelfth Decisions of the Asean Economic Ministers (AEM) Meetings.
Executive Order No. 799
Summary of Executive Order No. 799
Tariff Preference for ASEAN Countries
- Provides a 20%-25% margin of tariff preference for certain imported articles from ASEAN countries. (Section 1)
- The articles eligible for the tariff preference are listed in Annex 'A' of the Order, classified under Section 104 of Presidential Decree No. 1464 (Tariff and Customs Code of 1978). (Section 1)
- The preferential tariff rates for these articles are specified in Columns 8-11 of Annex 'A'. (Section 1)
Effective Date and Implementation
- The preferential tariff rates shall apply to the listed articles entered or withdrawn from warehouses in the Philippines for consumption after the effective date of the Order, which is February 1, 1982. (Sections 2 and 4)
- The articles must qualify under the Rules of Origin specified in the Agreement on ASEAN Preferential Trading Arrangements ratified on August 1, 1977. (Section 2)
Legal Basis
- The Order is issued pursuant to the powers vested in the President by Section 402 of Presidential Decree No. 1464 (Tariff and Customs Code of 1978). (Preamble)
- The tariff preference is implemented in accordance with the Eleventh and Twelfth Decisions of the ASEAN Economic Ministers (AEM) Meetings. (Preamble)
Tariff Preference for ASEAN Countries
- Provides a 20%-25% margin of tariff preference for certain imported articles from ASEAN countries. (Section 1)
- The articles eligible for the tariff preference are listed in Annex 'A' of the Order, classified under Section 104 of Presidential Decree No. 1464 (Tariff and Customs Code of 1978). (Section 1)
- The preferential tariff rates for these articles are specified in Columns 8-11 of Annex 'A'. (Section 1)
Effective Date and Implementation
- The preferential tariff rates shall apply to the listed articles entered or withdrawn from warehouses in the Philippines for consumption after the effective date of the Order, which is February 1, 1982. (Sections 2 and 4)
- The articles must qualify under the Rules of Origin specified in the Agreement on ASEAN Preferential Trading Arrangements ratified on August 1, 1977. (Section 2)
Legal Basis
- The Order is issued pursuant to the powers vested in the President by Section 402 of Presidential Decree No. 1464 (Tariff and Customs Code of 1978). (Preamble)
- The tariff preference is implemented in accordance with the Eleventh and Twelfth Decisions of the ASEAN Economic Ministers (AEM) Meetings. (Preamble)