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EXECUTIVE
ORDER NO. 197 MODIFYING
THE NOMENCLATURE AND THE RATES OF IMPORT DUTY ON VARIOUS PRODUCTS
UNDER SECTION 104 OF THE TARIFF AND CUSTOMS CODE OF 1978
(PRESIDENTIAL DECREE NO. 1464, AS AMENDED) WHEREAS, the vegetable industry needs tariff support as it prepares to gear up towards competitiveness vis-à-vis imports; WHEREAS, Section 401 of the Tariff and Customs Code of 1978, as amended, empowers the President to increase, reduce or remove existing rates of duty, as well as to modify the tariff nomenclature. NOW, THEREFORE, I, GLORIA MACAPAGAL ARROYO, 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the effectivity of this Executive Order, the articles specifically listed in the aforesaid “Annex” which are entered or withdrawn from warehouses in the Philippines for consumption shall be levied the rates of duty herein prescribed. 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 be effective for a period of six months (6)
months which shall commence immediately following its complete
publication in two (2) 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:
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