MALACAÑANG
Manila
BY THE
PRESIDENT OF THE PHILIPPINES
EXECUTIVE
ORDER NO. 419
TEMPORARILY INCREASING THE RATES OF IMPORT DUTY OF HIGH ENGINE DISPLACEMENT
COMPLETELY BUILT UP VEHICLE UNDER SECTION 104 OF THE TARIFF AND CUSTOMS CODE
OF 1978 (PRESIDENTIAL DECREE NO. 1464), AS AMENDED
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 energy-consuming sector next to the industrial manufacturing
sector;
WHEREAS, Republic Act No. 8749
otherwise known as the Philippine Clean Air Act of 1999 was promulgated to
promote and protect the environment including its air sheds against pollution
from mobile sources, among others;
WHEREAS, Section 401 of the Tariff and
Customs Code of 1978, 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 imposed the Most Favored Nation (MFN)
rates of import duty in accordance with the schedule indicated opposite each
article.
SEC. 2. Upon the effectivity of this
Executive Order, the articles specifically listed in the aforesaid Annex “A”
which are entered and withdrawn from warehouses in the Philippines for
consumption, shall be levied the MFN rates of duty herein prescribed.
SEC. 3. Registered participants under
Executive Order No. 244 as amended by Executive Order No. 312, otherwise known
as the “Automotive Export Program,” are exempted from this Executive Order.
SEC. 4. All 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 one (1) year subject to review.
SEC. 6. This
Executive Order shall take effect thirty (30) days following its complete
publication in two (2) newspapers of general circulation in the Philippines.
Done in the City of Manila, Philippines, this
4th day of April, in the year of Our Lord, Two Thousand and Five.
(signature of the President)
By the President:
(Sgd.) EDUARDO R. ERMITA
Executive Secretary
PGMA 30359
to view Annex A
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