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EXECUTIVE ORDER NO. 946 - AMENDING
EXECUTIVE ORDER NO. 918, SERIES OF 1983
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| WHEREAS, Executive Order No. 918, Series of
1983, 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 still necessary to 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: SECTION 1. Section 1 of Executive Order No. 918, series of 1983, is hereby amended to read as follows: “Section
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 eight percent
(8%) ad valorem.”
SECTION 2. Section 2 of Executive Order No. 918, series of 1983, is hereby amended to read as follows: “Section
2. Importations Exempt Under Existing Laws. — The
additional duty of eight percent (8%) ad valorem shall also be levied,
collected and paid, even if the importation is exempt under existing
laws, except as provided in Section 5 hereof. In the case of
importations which are exempt in part, the eight percent (8%)
additional duty shall be added to the non-exempt portion.”
SECTION 3. Section 3 of Executive Order No. 918, series of 1983, is hereby amended to read as follows: “Section
3. Importation Subject to PD No. 1935. — In the case
of importations subject to the provisions of Presidential Decree No.
1395 of May 31, 1978, the additional duty of eight percent (8%) ad
valorem shall be levied, collected and paid in addition to the five
percent (5%) duty imposed thereunder.”
SECTION 4. Section 4 of Executive Order No. 918, series of 1983, is hereby amended to read as follows: “Section
4. Importations for release under re-export bond. —
In the case of importations for release under re-export bond under the
provisions of Section 105 of Presidential Decree No. 1464, as amended
and other special laws the additional duty of eight percent (8%) ad
valorem shall be assessed and included in the amount of the required
re-export bond.”
SECTION 5. Section 5 of Executive Order No. 918, series of 1983, is hereby amended to read as follows: “Section
5. Exempt Importations. — The importations exempt
from the additional of eight percent (8%) ad valorem imposed hereunder
are:
a)
those 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;
b) those of the diplomatic corps under the provision of paragraph K, Section 105, Presidential Decree No. 1464, as amended; c) personal effects of returning Filipino diplomats under the provisions of the penultimate paragraph, Section 105, Presidential Decree No. 1464, as amended; d) those of bonded manufacturing warehouse 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, and e) those of bonded smelting warehouses under the provisions of Section 2005, Presidential Decree No. 1464, as amended.” SECTION 6. Effectivity. — This Executive Order shall take effect immediately. DONE in the City of Manila, this 29th day of March, in the year of Our Lord, nineteen hundred and eighty-four. |
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