105 OG No. 3, 273 (Jan. 19, 2009); Mla. Times Nov. 21, 2008
WHEREAS, a reduction on
tariff on food wheat would help stabilize the price of bread and other
baked food products;
WHEREAS, a
reduction on tariff on feed wheat would help lower the cost of feed
ingredients and keep the prices of poultry and livestock products
stable;
WHEREAS, setting the rate
on food and feed wheat at the same level aims to prevent technical
smuggling;
WHEREAS, Section 401
of the Tariff and Customs Code of 1978 (Presidential Decree No. 1464),
as amended, empowers the President of the Republic of the Philippines
to increase, reduce, or remove existing rates of import duty, as well
as to modify the form of duty and the tariff nomenclature, under
Section 104 of the Code.
NOW, THEREFORE, I,
GLORIA MACAPAGAL-ARROYO, President of the Republic of the
Philippines, by virtue of the powers vested in me by law, 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
subject to the Most-Favored-Nation (MFN) rate of import duty in
accordance with the schedule indicated opposite each
article.
SECTION 2. The
nomenclature and the rates of import duty on tariff headings not
enumerated and those listed but represented by the symbol “x x x” shall
remain in force and in effect,
SECTION
3. Upon the effectivity of this Executive Order, all articles
listed in Annex “A” which are entered and withdrawn from warehouses in
the Philippines for consumption shall be levied the MFN rate of duty of
0% ad valorem for six (6) months subject to further
review,
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.
SECTION 5. This
Executive Order shall take effect thirty (30) days following its
complete publication in the Official Gazette or in a newspaper of
general circulation in the Philippines.
Done in the
City of Manila, this 7th day of November in the year of Our Lord, Two
Thousand and Eight
(Sgd.) GLORIA M.
ARROYO
By the
President:
(Sgd.) EDUARDO R.
ERMITAExecutive
SecretaryANNEX“A”
HDG.
| AHTN
CODE | DESCRIPTION | RATE OF DUTY (%)
|
(1)
| (2) |
(3) | (4)
|
|
| | |
10.01 |
| Wheat and
meslin. |
|
| 1001.10.00 | - Durum wheat | 0
|
| 1001.90
| - Other: | |
| | - - Fit
for human consumption: |
|
| 1001.90.11 | ---XXX |
|
| 1001.90.19 | - - - Other | 0 |
| | - -
Other |
|
| 1001.90.91 | ---XXX |
|
| 1001.90.99 | - - - Other | 0 |
|
| |
|