Modified Rates of Import Duty of Certain Imported Articles Re: 15th and 16th Meetings of Asean COTT
Executive Order No. 964, issued by President Ferdinand E. Marcos on June 20, 1984, modifies the rates of import duty for certain imported articles under Presidential Decree No. 1464. The order establishes preferential tariff margins for specific items in accordance with agreements made during ASEAN meetings. It ensures that any future changes to the Philippine duty rates will automatically adjust the preferential margins. The new import duties will apply to articles entered or withdrawn for consumption, contingent upon compliance with the Rules of Origin from the ASEAN Preferential Trading Arrangement. This order became effective on January 17, 1984.
Law Information
- Reference Number
- Executive Order No. 964
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Executive Orders
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 20, 1984
EXECUTIVE ORDER NO. 964
MODIFYING THE RATES OF IMPORT DUTY OF CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER PRESIDENTIAL DECREE NO. 1464, AS AMENDED, IN ORDER TO IMPLEMENT ON PREFERENTIAL TRADING ARRANGEMENTS WITH RESPECT TO CERTAIN ARTICLES NEGOTIATED DURING THE FIFTEENTH AND SIXTEENTH MEETINGS OF THE ASEAN COMMITTEE ON TRADE AND TOURISM
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 that:
SECTION 1. The articles specifically listed in Annex "A" hereof as classified under Section 104 of Presidential Decree No. 1464, as amended, shall be accorded the margins of tariff preference as specified in column 5 of said Annex "A". In effect, such articles shall be subject to the Preferential Tariff for ASEAN in accordance with the schedule indicated opposite each articles as specified in columns 6-7 of said Annex "A".
SECTION 2. In the event that any subsequent changes are made in the basic Philippine rate of duty on any of the abovementioned articles, such articles shall automatically be accorded the corresponding margins of preference indicated in column 5 of Annex "A" hereof.
SECTION 3. After the date of effectivity of this Order, all the above-described articles entered or withdrawn from warehouse, in the Philippines, for consumption shall be subject to the rate of import duty herein prescribed subject to qualification under the Rules of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 Order shall take effect on January 17, 1984. cd
DONE in the City of Manila, this 20th day of June, in the year of Our Lord, Nineteen Hundred and Eighty-Four.
Cite This Law
Modified Rates of Import Duty of Certain Imported Articles Re: 15th and 16th Meetings of Asean COTT, Executive Order No. 964, Jun 20, 1984 (Philippines)
Modified Rates of Import Duty of Certain Imported Articles Re: 15th and 16th Meetings of Asean COTT, Executive Order No. 964 (Phil. 1984)
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