WHEREAS,
it is a declared policy of the government to promote the judicious
conservation and efficient utilization of energy resources thereby adopting
the most cost-effective options toward the wiser and efficient use of energy;
WHEREAS, the transport
sector is one of the highest fuel-consuming sector next to the industrial
manufacturing sector:
WHEREAS, Executive Order
No. 472, series of 1998, institutionalized the Committee on Fuel Conservation
and Efficiency in Road Transport, and targets 5% reduction in fuel consumption
by road transport users;
WHEREAS, Sections
401 and 402 of the Tariff and Customs Code of 1978 (Presidential Decree No.
1464), as amended, empower the President of the Republic of the Philippines,
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 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 (Most Favored Nation (MFN) and Association
of Southeast Asian Nations (ASEAN) - Common Effective Preferential Tariff (CEPT)
in accordance with the schedule indicated in Columns 4 and 5 opposite each
article;
SECTION 2.
The ASEAN CEPT rates so indicated in Annex "A" shall be accorded to imports
coming from ASEAN Member States applying CEPT concessions tot he same product
pursuant to Article 4 of the CEPT Agreement and its interpretative Notes;
SECTION 3.
The nomenclature and the rates of import duty on tariff headings not
enumerated and those listed but represented by the symbol "xxx" shall remain
in force and in effect;
SECTION 4. 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which are entered and withdrawn from warehouses in the Philippines for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 rates of duty herein prescribed;
SECTION 5. 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which are entered and withdrawn from warehouses in the Philippines for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 imposed the ASEAN CEPT rates herein prescribed, subject
to qualification under the Rules of Origin as provided for in the Agreement on
the CEPT Scheme for the ASEAN Free Trade Area on 28 January 1992;
SECTION 6.
All Presidential issuances, administrative rules and regulations, or parts
thereof, which are inconsistent with this Executive Order are hereby revoked
or modified accordingly;
SECTION 7. This
Executive Order shall be effective for a period of one (1) year subject to
review;
SECTION 8. This
Executive Order shall take effect thirty (30) days following the complete
publication in two (2) newspapers of general circulation in the Philippines.
Done in the City of Manila,
Philippines, this 31st day of December in the year of Our Lord, Two Thousand
and Four.
Signature of the President
By the President:
(Sgd.) EDUARDO R. ERMITA
Executive Secretary
to view Annex A
