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EXECUTIVE ORDER NO. 140 - 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 ASEAN
AGREEMENT OF PREFERENTIAL TRADING AGREEMENT WITH RESPECT TO CERTAIN
ARTICLES NEGOTIATED DURING THE NINETEENTH AND TWENTIETH MEETING OF THE
ASEAN COMMITTEE ON TRADE AND TOURISM
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| Pursuant
to the powers vested in me under Section 402 of the Tariff and Customs
Code of 1978, as amended, I, CORAZON C. AQUINO, President of the
Philippines, do hereby order: SECTION 1. The articles specifically listed hereunder as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be accorded the margins of tariff preference as specified in Column 4. 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.
ASEAN
Tariff Description Rate of Margin of Preferential Heading of Product Duty Preference Tariff (1) (2) (3) (4) (5) ex. 33.06 900 Creams 50% Additional 30% and balms 20% 40.03 000 Reclaimed 20% Additional 15% rubber 5% ex. 42.03 000 Sports gloves 50% Additional 30% of leather 20% ex. 20.06 900 Longan in air 50% Additional 35% tight containers 10% ex. 76.10 000 Tubes for 30% Additional 18% toothpaste 5% SECTION 2. In the event that any 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 indicated in Column 4. SECTION 3. After the effective date of this Order, all the above-described articles entered or withdrawn from warehouse in the Philippines for consumption shall be subject to qualification under the Rules of Origin as prescribed in the Agreement on ASEAN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. |
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