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104 OG No. 8, 1217 (Feb. 25, 2008); Mla. Times, Nov. 22, 2007

[ EXECUTIVE ORDER NO. 679, October 31, 2007 ]

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;

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 companied 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.

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.

(Sgd.) GLORIA M. ARROYO

By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary

ANNEX "A"

ARTICLES GRATED PREFERENTIAL TARIFF UNDER THE APPROVED ASEAN INDUSTRIAL COOPERATION (AICO) SCHEME OF HONDA CARS PHILIPPINES, INC. (HCPI)


AHTN
HDG. NO.
HS
CODE
Model/Type
Product Description
Classification
Source Country/
(AICO Company)
Applicable
AICO
Preferential
Rate (%)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
8703.90.27A 8703.90 10 Honda Civic
Passenger Cars
Various Components/Parts:




TANK SUB ASSY FUEL
HUB & DISK ASSY
MTG RUB ASSY TRNS (MT)
TORQUEROD 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)
PAO ASSY STRG
GARN ASSY L FR PLR
Intermediate
Thailand/ (Honda Automobile ( Thailand) Co., Ltd.)
0
8703.90.28A 8703.90 10 Honda Civic
Passenger Cars
Various Components/Parts:


TANK SUB ASSY FUEL
HUB & DISK ASSY
DAMPER ASSY R FR
DAMPER ASSY R FR
DAMPER ASSY L FR
DAMPER ASSY L FR
GARN ASSY L FR PLR
Intermediate
Thailand/
(Honda Automobile ( Thailand) Co., Ltd.)
0
8703.90.27A
8703.90.28A
8703.90 10 Honda Civic
Passenger Cars



LID LIGHT ASSY L
SW ASSY STOP
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 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 L FR DOOR
CHECKER COMP L FR DOOR
LATCH ASSY R RR DOOR POWER
LATCH ASSY L RR DOOR POWER
RUNCHANNEL R RR DOR POWER
REG ASSY L RR DOOR POWER
RUNCHANNEL R RR DOOR
WTHSTP, RR FOOR INNER
CHECKER COMP R RR DOOR
CHECKER COMP L RR DOOR
GLASS COMP FR WSHLD
GLASS COMP FR WSHLD
Intermediate
Thailand/
(Honda Automobile ( Thailand) Co., Ltd)
0
8703.90.27A
8703.90.28A
8703.90 10 Honda Civic
Passenger Cars
GLASS SUB ASSY, R FR DOOR
GLASS R FR CORN
GLASS SUB ASSY, L FR DOOR
GLASS L FR CORN
GARN 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 T FR 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 (SUS TYPE)
MUD GUARD R FR (COLOR)
MUD GUARD L FR (COLOR) MUS GUARD R RR (COLOR)
MUD GUARD L FR (COLOR)
LID ASSY R
LID ASSY L
SHIFT LOCK LID
SENSOR ASSY FRONT CRASH
KNOB ASSY DAL
FOOT COVER RR OUT FR SEAT
FOOT COVER RR OUT FR SEAT
COVER LAP R RECLINING OUT
Intermediate
Thailand/
(Honda Automobile ( Thailand) Co., Ltd)
0
8703.90.27A
8703.90.28A
8703.90 10 Honda Civic
Passenger Cars
PROTECTER R FR BELT
COVER LAP L RECLINING OUT
PROTECTER L FR BELT
GRAB RAIL ASSY
GRAB RAIL ASSY (COAT HANGER)
GARN ASSY CTR PLR UPR
Intermediate
Thailand/
(Honda Automobile ( Thailand) Co., Ltd)
0
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