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WHEREAS, it is the declared policy of the government to translate into practical realities the following State policies and mandates in the 1987 Constitution, namely:

a) The State recognizes the indispensible role of the private sector, encourages private enterprise, and provides incentives to needed investments; and
b) The State shall promote the preferential use of Filipino labor, domestic materials and locally produced goods, and adopt measures that help make them competitive.

WHEREAS, in pursuance of these policies, the government shall actively encourage, promote, induce and accelerate a sound and balanced industrial, economic and social development of the country in order to provide jobs to the people especially those in the rural areas, increase their productivity and their individual and family income, and thereby improve the level and quality of their living condition through the establishment, among others, of special economic zones in suitable and strategic locations in the country and through measures that shall effectively attract legitimate and productive foreign investments.

WHEREAS, there are other tobacco companies which are duly registered locators within the different economic zones of the country and are undertaking economic activities, such as, but not limited to, warehousing and semi-processing of imported raw leaf tobacco/materials and subsequently re-export the same leaf tobacco as partially processed/finished products;

WHEREAS, the NTA recognizes the role of PEZA registered locators in the development of the Philippine economy in terms of providing significant employment opportunities relative to the amount of the capital being invested; increasing productivity of resources of the country; improving utilization of the products thereof; improving technical skills of the people employed in the enterprise; all of which shall result in increased volume and value of exports for the Philippine economy; and

WHEREAS, the Philippine Bobbin Corporation (PBC), a corporation duly registered as a locator within the Cavite Economic and Processing Zone at Rosario, Cavite, represented by its General manager, Mr. Javier Plantada, submitted a formal request for reconsideration in view of the issuance of NTA Memorandum Circular No. 002, Series of 2010;

WHEREAS, finding the said request to be meritorious, the NTA Board of Directors in its Resolution No. 158-2010 dated 25 June 2010, approved the request of PBC, with modification as to the rate of monitoring/supervision/regulation fee to be imposed for its importation of raw leaf/materials.

NOW, THEREFORE, for and in consideration of the foregoing premises and by virtue of the powers conferred into the NTA, Sections 12 (B), Article V of the Export/Import Rules and Regulations, is hereby further amended for the information and guidance of all concerned, to wit:

Section 1. Section 12 (B), Article V of the Export/Import Rules and Regulations is hereby further amended as follows:

“Section 12. Monitoring, Regulation, Supervision and/or Evaluation of the Commodity. -
x x x
B. Unmanufactured and wholly and/or partially processed leaf tobacco
(in conventional cargo, packed in bobbins boxes, bags, sacks, crates, etc.)
x x x
3. PEZA-Registered Locators

Semi-Processors PhP0.50, per net kilogram”

Section 2. Effectivity and Miscellaneous Provision. This Memorandum Circular shall take effect fifteen (15) after its publication in a newspaper of general circulation and filing with the Office of the Administrative Registrar (ONAR).

For the guidance and compliance of all concerned.

 BY AUTHORITY OF THE NTA BOARD OF DIRECTORS:

(SGD.) EDGARDO D. ZARAGOZA
  Administrator and Vice-Chairman
  NTA Governing Board