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EXECUTIVE ORDER NO. 139 - MODIFYING
THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED FOR
IN THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, IN ORDER TO
IMPLEMENT THE MARGINS OF PREFERENCE IN ACCORDANCE WITH THE DECISIONS OF
THE SEVENTEENTH ASEAN ECONOMIC MINISTERS (AEM) MEETING AND THE
EIGHTEENTH MEETING OF THE COMMITTEE ON TRADE AND TOURISM (COTT)
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| Pursuant
to the powers vested in me under Section 402 of the Tariff of Customs
Code of 1978, as amended, I, CORAZON C. AQUINO, President of the
Philippines, do hereby order: SECTION 1. The articles specifically listed in Annex “‘A” hereof as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be accorded the margins of preference as specified in Column 4 of the said “Annex “A”. In effect, such articles shall be subject to the Preferential Tariff for ASEAN in accordance with the schedule indicated opposite each article as specified in Column 5 of the said Annex “A”. SECTION 2. In the event that subsequent changes are made in the basic Philippine rate of duty on any of the above-mentioned articles, such articles shall automatically be accorded the corresponding margins of preference specified in Column 4 of the said Annex “A”. SECTION 3. After the date of effectivity of this Executive Order, all the above described articles entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the rate of import duty herein prescribed subject to qualification under the Rules of Origin as specified in the Agreement on ASEAN Preferential Trading Arrangements ratified on August 1, 1977. SECTION 4. This Executive Order shall take effect immediately. DONE in the City of Manila, this 27th day of February in the year of Our Lord, nineteen hundred and eighty-seven. ANNEX “A” ARTICLES GRANTED MARGINS OF PREFERENCE IN ACCORDANCE WITH THE DECISION OF THE 17th ASEAN ECONOMIC MINISTERS AND THE 18th COMMITTEE ON TRADE AND TOURISM MEETINGS CCC No. Description Existing Margin of ASEAN of Product Rate of Duty Preference Preferential Tariff (1) (2) (3) (4) (5) A. Articles Negotiated During the 18th COTT Meeting ex. 25.31 900 Feldspar 20% Additional 13% 10% ex. 29.16 000 Citric acid 10% Additional 6.5% 10% ex. 35.05 000 Dental Alloy 10% Additional 6.5% 10% ex. 83.01 000 Padlocks 30% Additional 21% 10% ex. 85.25 200 Insulators of porcelain 30% Additional 21% 10% B. Articles With Import Value of Over $10 Million (CIF) In 1978 Accorded 25% Margin of Tariff Preference 10.01 900 Other wheat (including spelt) and meslin, unmilled 10% 25% 7.5% ex. 26.01 200 Iron ores, non- agglomerated 10% 25% 7.5% ex. 27.04 100 Coke and semi-coke (including char) of coal, whether or not agglomerated 10% Additional 7.5% 5% ex. 28.16 000 Ammonia in aqueous solution (aqual ammonia) 10% 25% 7.5% 31.02 700 Urea, whether or not pure 20% 25% 15% ex. 32.05 100 Other synthetic organic dye-stuffs (including pigment Additional dyestuff) 10% 5% 7.5% ex. 38.14 000 Gum inhibitors and similar prepared additives for mineral oils 20% 25% 15% ex. 76.01 200 Ingots and pigs Additional of aluminum 10% 25% 7.5% ex. 76.01 200 Aluminum and aluminum alloys, unwrought ex. 79.01 200 Ingots, slabs, and pigs, of zinc (including Additional zinc spelter) 10% 5% 7.5% ex. 84.22 600 Loading machines other than yarders (e.g., pay loaders, wheel loaders) 20% 25% 15% ex. 82.62 000 Ball bearings 10% Additional 7.5% 5% |
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