MALACAŅANG PALACE
Manila
BY THE PRESIDENT OF THE PHILIPPINES
EXECUTIVE ORDER
NO. 163
MODIFYING THE
NOMENCLATURE AND THE RATES OF IMPORT DUTY OF INFORMATION TECHNOLOGY
(IT) PRODUCTS UNDER SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF 1978
(PRESIDENTIAL DECREE NO. 1464, AS AMENDED)
WHEREAS, during the APEC meeting held
in Manila in November 1996, the 18 APEC leaders called for the conclusion of the
Information Technology Agreement (ITA) by the first WTO Ministerial Conference
in a move to eliminate tariffs by the year 2000, with flexibility in the time
frame for the elimination of tariffs;
WHEREAS, on 13 December 1996, fourteen (14) economies signed in Singapore a
Ministerial Declaration on Trade in Information Technology Products providing
for the elimination/binding of tariffs on IT products beginning 1 July 1997 and
ending on 1 January 2000 with extended staging of tariff reductions up to the
year 2005 for developing countries;
WHEREAS, the Philippines formally
signed the Information Technology Agreement (ITA) on 1 April 1997;
WHEREAS, with the Philippine Senate ratification of ITA 1 on 3 December
1998, the Philippines can now implement its commitments under the said
Agreement.
NOW, THEREFORE,
I, JOSEPH EJERCITO ESTRADA, President 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 rates of import duty in accordance with the schedule
indicated opposite each article.
SEC. 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 effect.
SEC. 3. Upon the effectivity of this Executive Order,
the articles specifically listed in the aforesaid "Annex" which are entered in
or withdrawn from warehouses in the Philippines for consumption shall be levied
the rates of duty herein presented.
SEC. 4. All
other Presidential issuances, administrative rules and regulations, or
parts thereof, which are inconsistent with this
Executive Order are hereby revoked or modified accordingly.
SEC. 5. This
Executive Order shall take effect on 1 January 2000 following the
complete publication in two (2) newspapers of general circulation
in the Philippines.
Done in the City of Manila, this 18th day of October, in the year
of our Lord, nineteen hundred and ninety nine.
Signature of the President
JOSEPH EJERCITO ESTRADA
By the President:
RONALDO B. ZAMORA
Executive Secretary
to
view Annex A
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