MALACAŅANG PALACE
Manila
BY THE PRESIDENT OF THE PHILIPPINES
EXECUTIVE ORDER NO. 264
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,
developments in the domestic and global economic environments warrant the
modification in the rates of duty on certain products to provide temporary
relief to local producers and manufacturers in the agriculture and manufacturing
section and enable them to further enhance their competitiveness;
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 tariff
nomenclature;
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 in effect.
SECTION 3. Upon
the effectivity of this Executive Order, the articles specifically listed in the
aforesaid "Annex" which are entered and withdrawn from warehouses in
the Philippines for consumption 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 following its complete publication in two (2)
newspapers of general circulation in the Philippines.
Done in the City of Manila, this 30th
day of December, in the year of Our Lord, Two Thousand and Three.
Signature of the President
By the President:
(signed)
AVELINO J. CRUZ, JR.
Acting Executive Secretary
to view Annex A
___________________________________________________
Published in The Manila Times and Daily Tribune on 10 January
2004.
[ Home ] [ Up ] [ E.O. 63 ] [ E.O. 133 ] [ EO 71 ] [ EO 163 ] [ EO 168 ] [ EO 198 ] [ EO 208 ] [ EO 234 ] [ EO 237 ] [ EO 238 ] [ EO 209 ] [ EO 214 ] [ EO 215 ] [ EO 239 ] [ EO 253 ] [ EO 254 ] [ EO 276 ] [ EO 314 ] [ EO 319 ] [ EO 143 ] [ EO334 ] [ EO11 ] [ EO 465 ] [ EO 486 ] [ EO 49 ] [ EO 487 ] [ EO 453 ] [ EO 83 ] [ EO 84 ] [ EO 86 ] [ EO 87 ] [ EO 88 ] [ EO 89 ] [ EO 91 ] [ EO 92 ] [ EO 93 ] [ EO 94 ] [ EO 127 ] [ EO 128 ] [ EO 129 ] [ EO 161 ] [ EO 162 ] [ EO 163 ] [ EO 164 ] [ EO 166 ] [ EO 165 ] [ EO 196 ] [ EO 197 ] [ EO 214 ] [ EO 230 ] [ EO 241 ] [ EO 242 ] [ EO 243 ] [ EO 244 ] [ EO 245 ] [ EO 260 ] [ EO 261 ] [ EO 262 ] [ EO 263 ] [ EO 264 ] [ EO 268 ] [ EO 295 ] [ EO 300 ] [ EO 312 ] [ EO 313 ] [ EO 316 ] [ EO 299 ] [ EO 336 ] [ EO 337 ] [ EO 338 ]
