EXECUTIVE ORDER NO. 578
EXECUTIVE ORDER NO. 578 -
MODIFYING THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES UNDER
SECTION 104 OF PRESIDENTIAL DECREE NO. 1464, AS AMENDED, IN ORDER TO
IMPLEMENT THE CONCESSION RATES OF DUTY OF THE GOVERNMENT OF THE
PHILIPPINES SET FORTH IN SCHEDULE LXXV — PHILIPPINES IN ACCORDANCE WITH
THE CONDITIONS STIPULATED IN THE GENEVA (1979) PROTOCOL TO THE GENERAL
AGREEMENT ON TARIFFS AND TRADE
Pursuant
to the powers vested in me by Sec. 402 of Presidential Decree No.
1464, as amended, I, FERDINAND E. MARCOS, President of the Philippines,
do hereby direct and order:
Section 1. The articles specifically listed in Annex
“A” hereof classified under Section 104 of Presidential Decree No.
1464, as amended, shall be accorded the tariff concession rate
specified in column 4 to be applied by stages in accordance with the
schedule indicated opposite each article as listed in the aforecited
Annex A.
Sec. 2. In the event that any subsequent changes
are made in the basic Philippine rate to a rate lower than the
concession rate of duty on any of the articles listed in the
above-mentioned Annex “A”, such articles shall automatically be
accorded the corresponding reduced rate of duty.
Sec. 3. The concession rates of duty indicated in
Column 4 Annex “A” hereof shall apply only to GATT contracting parties
and to countries with an agreement with the Philippine in force and
effect providing for the most-favoured-nation treatment on tariffs.
Sec. 4. The articles specifically listed in Annex
“B” hereof as classified under Section 104 of Presidential Decree No.
1464, as amended, shall pay the rate of duty specified in Column 3 and
shall not be subject to any tariff rate higher than the rate specified
in Column 4, of said Annex “B”.
Sec. 5. In the event that any subsequent changes
are made in the basic Philippine rate of duty on any of the articles
listed in the above-mentioned Annex “B” the applicable rate of duty
shall be in accordance with the following:
a.
with respect to a subsequent change by reduction of the basic
Philippine rate of duty on the articles listed in Annex B hereof such
articles shall automatically be accorded the reduced rate of duty.
b. with
respect to a subsequent change by increase of the basic Philippine rate
of duty in the articles listed in Annex B —
i.
such articles shall be subject to the increased rate of duty provided
such increased rate does not exceed the concession rate specified in
Column 4 of Annex B;
ii. such
articles shall be accorded the concession rate specified in Column 4 of
Annex B hereof, if the increased rate of duty exceeds the rate
specified in Column 4 of Annex B.
Sec. 6. After the effective date of this Order,
all the above-described articles entered or withdrawn from warehouse in
the Philippines for consumption shall be subject to the rates of duty
herein prescribed.
Sec. 7. This Order shall take effect as of 1
January, 1980.
Done in the City of Manila,
this 7th day of February, in the year of Our Lord, nineteen hundred and
eighty.