Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines
Executive Order No. 679, issued on October 31, 2007, modifies the duty rates on certain imported automotive parts for Honda Cars Philippines, Inc. under the ASEAN Industrial Cooperation (AICO) scheme. This order establishes a preferential tariff rate of 0% for specific original equipment manufacturer (OEM) components imported from Thailand as part of a reciprocal arrangement. The AICO scheme aims to facilitate trade among ASEAN member countries, and this executive order aligns with the Philippines' commitments under the Basic Agreement on the AICO. The specified articles will be eligible for the preferential rates upon meeting the necessary rules of origin and will take effect immediately following publication.
Quick Answers
- What is Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines about?
- Executive Order No. 679, issued on October 31, 2007, modifies the duty rates on certain imported automotive parts for Honda Cars Philippines, Inc. under the ASEAN Industrial Cooperation (AICO) scheme. This order establishes a preferential tariff rate of 0% for specific original equipment manufacturer (OEM) components imported from Thailand as part of a reciprocal arrangement. The AICO scheme aims to facilitate trade among ASEAN member countries, and this executive order aligns with the Philippines' commitments under the Basic Agreement on the AICO. The specified articles will be eligible for the preferential rates upon meeting the necessary rules of origin and will take effect immediately following publication.
- What type of law is Executive Order No. 679?
- Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines (Executive Order No. 679) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines enacted?
- Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines (Executive Order No. 679) was enacted on Oct 31, 2007.
- What is the citation for Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines?
- Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines, Executive Order No. 679, Oct 31, 2007 (Philippines)
Law Information
- Reference Number
- Executive Order No. 679
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Executive Orders
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
October 31, 2007
EXECUTIVE ORDER NO. 679
MODIFYING THE RATES OF DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED UNDER THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT THE PREFERENTIAL TARIFF RATES ON CERTAIN PRODUCTS UNDER THE ASEAN INDUSTRIAL COOPERATION (AICO) SCHEME, IN FAVOR OF HONDA CARS PHILIPPINES, INC. (COE NO. HONDA/2007/48)
WHEREAS, the Philippines is a Contracting Party to the Basic Agreement on the ASEAN Industrial Cooperation Scheme (AICO) signed in Singapore on 27 April 1996; IcCEDA
WHEREAS, the Philippines is a signatory to the Protocol amending the Basic Agreement on the AICO Scheme signed in Singapore on 21 April 2004;
WHEREAS, the Philippines is a participating country in the approved AICO Arrangements of Honda Cars Philippines, Inc. along with Thailand;
WHEREAS, under the Honda AICO Certificate of Eligibility No. Honda/2007/48, the Philippines (Honda Cars Philippines, Inc.) will import from Thailand (Honda Automobile (Thailand) Co., Ltd.) certain original equipment manufacture (OEM) automotive parts/components for Honda Civic. In exchange, Thailand (Honda Automobile (Thailand) Co., Ltd.) will import from the Philippines complementary parts/components for the OEM of Honda Civic and CR-V;
WHEREAS, AICO Certificate of Eligibility No. Honda/2007/48 was issued on 20 March 2007, in favor of the participating companies in the Honda AICO Arrangement;
WHEREAS, in consonance with Articles 5 and 7 of the Basic Agreement of the AICO Scheme, as amended participating companies in the approved Honda AICO Arrangements shall qualify for 0% preferential tariff rate to be extended by Thailand and the Philippines as participating countries.
NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Philippines, pursuant to the powers vested in me under Section 402 of the Tariff and Customs Code of 1978, as amended, 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 AICO rate of 0% on parts/components of Honda Civic as specified in Column 7 thereof. ADCEcI
SECTION 2. The AICO rate provided in Annex "A" shall be accorded to the AICO entity in Thailand (Honda Automobile (Thailand) Co., Ltd.) upon the effectivity of this Executive Order;
SECTION 3. Upon the effectivity of this Executive Order, the articles specifically listed in the aforesaid Annex "A" which are entered or withdrawn from warehouses in the Philippines for consumption shall be subject to the applicable AICO preferential tariff rates specified under Section 1 hereof, subject to qualification under the Rules of Origin for the CEPT, as evidence by the Certificate of Origin — Form "D";
SECTION 4. All presidential issuances, administrative rules and regulations or parts thereof, which are contrary to or inconsistent with this Executive Order are hereby revoked or modified accordingly; and
SECTION 5. This Executive Order shall take effect immediately upon publication in a national newspaper of general circulation.
DONE in the City of Manila, this 31st day of October, in the Year of Our Lord, Two Thousand and Seven.
ANNEX "A"
| ARTICLES GRANTED PREFERENTIAL TARIFF UNDER THE APPROVED ASEAN INDUSTRIAL COOPERATION (AICO) SCHEME OF HONDA CARS PHILIPPINES, INC. (HCPI) | ||||||
| Applicable | ||||||
| Source | AICO | |||||
| AHTN | HS | Model/Type | Product Description | Classification | Country/ | Preferential |
| HDG. NO. | CODE | (AICO Company) | Rate (%) | |||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| 8703.90.27A | 8703.90 10 | Honda Civic | Various Components/Parts: | Intermediate | Thailand/ | 0 |
| Passenger | (Honda | |||||
| Cars | Automobile | |||||
| TANK SUB ASSY FUE | (Thailand) | |||||
| HUB & DISK ASSY | Co., Ltd.) | |||||
| MTG RUB ASSY TRNS (MT) | ||||||
| TORDUEROD UPR (MT) | ||||||
| DAMPER ASSY R FR | ||||||
| DAMPER ASSY R FR | ||||||
| DAMPER ASSY L FR | ||||||
| DAMPER ASSY L FR | ||||||
| LATCH ASSY R RR DOOR | ||||||
| POWER | ||||||
| LATCH ASSY L RR DOOR | ||||||
| POWER | ||||||
| LOCK ASSY HOOD | ||||||
| LOCK ASSY TRUNK | ||||||
| (MANUAL) | ||||||
| MUD GUARD R FR | ||||||
| MUD GUARD L FR | ||||||
| MUD GUARD R RR | ||||||
| MUD GUARD L RR | ||||||
| METER ASSY COMB (TA) | ||||||
| METER ASSY COMB (TA) | ||||||
| METER ASSY COMB (TA) | ||||||
| PAD ASSY STRG | ||||||
| GARN ASSY L FR PLR | ||||||
| 8703.90.28A | 8703.90 10 | Honda Civic | Various Components/Parts | Intermediate | Thailand/ | 0 |
| Passenger | (Honda | |||||
| Cars | Automobile | |||||
| TANK SUB ASSY FUEL | (Thailand) | |||||
| HUB & DISK ASSY | Co., Ltd.) | |||||
| DAMPER ASSY R FR | ||||||
| DAMPER ASSY R FR | ||||||
| DAMPER ASSY L FR | ||||||
| DAMPER ASSY L FR | ||||||
| GARN ASSY L FR PLR | ||||||
| 8703.90.27A | 8703.90 10 | Honda Civic | Various Components/Parts | Intermediate | Thailand/ | 0 |
| 8703.90.28A | Passenger | (Honda | ||||
| Cars | Automobile | |||||
| LID LIGHT ASSY L | (Thailand) | |||||
| SW ASSY STOP | Co., Ltd.) | |||||
| SW ASSY DOOR | ||||||
| BRG ASSY RR HUB UNIT | ||||||
| CAP DAMPER MT | ||||||
| MODULATOR ASSY (ABS) | ||||||
| GUTTER COMP R REAR | ||||||
| STIFF COMP R RR DPR | ||||||
| W/HOUSE COMP R REAR | ||||||
| STIFF COMP L RR DPR | ||||||
| W/HOUSE COMP L REAR | ||||||
| PLATE FRAME NUMBER | ||||||
| PROTECTOR R DOOR LATCH | ||||||
| HANDLE ASSY R FR INSIDE | ||||||
| PROTECTOR L DOOR LATCH | ||||||
| HANDLE ASSY L FR INSIDE | ||||||
| PROTECTOR L FR OUT HANDLE | ||||||
| SASH R FR DOOR CTR LWR | ||||||
| RUNCHANNEL R FR DOOR | ||||||
| SASH L FR DOOR CTR LWR | ||||||
| RUNCHANNEL L FR DOOR | ||||||
| CHECKER COMP L FR DOOR | ||||||
| LATCH ASSY R RR DOOR POWER | ||||||
| LATCH ASSY L RR DOOR POWER | ||||||
| REG ASSY R RR DOOR POWER | ||||||
| RUNCHANNEL R RR DOOR | ||||||
| REG ASSY L RR DOOR POWER | ||||||
| RUNCHANNEL L RR DOOR | ||||||
| WTHSTP, RR DOOR INNER | ||||||
| CHECKER COMP R RR DOOR | ||||||
| CHECKER COMP L RR DOOR | ||||||
| GLASS COMP FR WSHLD | ||||||
| GLASS COMP RR WSHLD | ||||||
| 8703.90.27A | 8703.90 10 | Honda Civic | GLASS SUB ASSY, R FR | Intermediate | Thailand/ | 0 |
| 8703.90.28A | Passenger | DOOR | (Honda | |||
| Cars | GLASS R FR CORN | Automobile | ||||
| GLASS SUB ASSY, L FR | (Thailand) | |||||
| DOOR | Co., Ltd.) | |||||
| GLASS L FR CORN | ||||||
| GLASS L FR CORN | ||||||
| GLASS ASSY R RR DOOR | ||||||
| GLASS R RR DOOR QTR | ||||||
| SEAL R RR DOOR QTR | ||||||
| GLASS ASSY L RR DOOR | ||||||
| GLASS L RR DOOR QTR | ||||||
| SEAL L RR DOOR QTR | ||||||
| FENDER R FR INN | ||||||
| SPLASH SHIELD FR | ||||||
| LOCK ASSY HOOD | ||||||
| FENDER L FR INN | ||||||
| LOCK ASSY TRUNK | ||||||
| (MANUAL+SW) | ||||||
| PROTR R FR DOOR | ||||||
| (SUS TYPE) | ||||||
| SUS MLDG R RR DOOR | ||||||
| PROTR | ||||||
| PROTR R RR DOOR | ||||||
| (SUS TYPE) | ||||||
| SUS MLDG L FR DOOR PROTR | ||||||
| PROTR L FR DOOR (SUS TYPE) | ||||||
| SUS MLDG L RR DOOR PROTR | ||||||
| PROTR L RR DOOR (SUSTYPE) | ||||||
| MUD GUARD R FR (COLOR) | ||||||
| MUD GUARD L FR (COLOR) | ||||||
| MUD GUARD R RR (COLOR) | ||||||
| MUD GUARD L FR (COLOR) | ||||||
| LID ASSY R | ||||||
| LID ASSY L | ||||||
| SHIFT LOCK LID | ||||||
| SENSOR ASSY FRONT CRASH | ||||||
| KNOB ASSY DIAL | ||||||
| FOOT COVER RR OUT FR SEAT | ||||||
| FOOT COVER RR OUT FR SEAT | ||||||
| COVER LAP R RECLINING OUT | ||||||
| 8703.90.27A | 8703.90.10 | Honda Civic | PROTECTER R FR BELT | Intermediate | Thailand/ | 0 |
| 8703.90.28A | Passenger | COVER LAP L RECLINING | (Honda | |||
| Cars | OUT | Automobile | ||||
| PROTECTER L FR BELT | (Thailand) | |||||
| GRAB RAIL ASSY | Co., Ltd.) | |||||
| GRAB RAIL ASSY (COAT | ||||||
| HANGER) | ||||||
| GARN ASSY L CTR PLR | ||||||
| UPR |
Published in The Manila Times on November 22, 2007.
Cite This Law
Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines, Executive Order No. 679, Oct 31, 2007 (Philippines)
Modifying the Rates of Duty on Certain Imported Articles to Implement the AICO Scheme in Favor of Honda Cars Philippines, Executive Order No. 679 (Phil. 2007)
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