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Executive
Order No. 196 MODIFYING
THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES UNDER
SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF 1978 (PRESIDENTIAL
DECREE NO. 1464, AS AMENDED) WHEREAS,
the government needs to provide the agriculture and fisheries
sector tariff assistance to be efficient and globally competitive;
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, upon the recommendation of the
National Economic and Development Authority, to increase, reduce,
or remove existing protective rates of import duty, as well as to
modify the form of duty; 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 rates of import duty in accordance with
the schedule indicated opposite each article. SECTION
2. The nomenclature and 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. SECTION
3. Upon the
effectivity of this Executive Order, the above-mentioned articles,
which are entered and withdrawn from warehouses in the Philippines
shall be levied the rates of duty herein prescribed. SECTION
4. All
Presidential issuances, administrative rules and regulations, or
parts thereof, which are inconsistent with this Executive Order
are hereby revoked or modified accordingly. SECTION
5. This Executive
Order shall take effect immediately following its complete
publication in two newspapers of general circulation in the
Philippines. DONE
in the City of Manila, this 16th day of April in the year of our
Lord, Two Thousand and Three. By
the President:
(signed)
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