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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 38 - AMENDING
Sec. 2307 OF THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS
AMENDED
WHEREAS, in conformity with the
present administration’s thrust to increase and accelerate revenue
collection, there is a need to empower the District Collector of
Customs to settle seizure cases which will expedite the collection of
revenue and hasten the release of cargoes under seizure
proceedings;
WHEREAS, the authority given to the District Collector of Customs in
Seizure cases, subject to the approval of the Commissioner, will
benefit importers and exporters in the form of reduction in
expenditures and the assurance of the return of their investments which
have been tied up with their importations.
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, do
hereby order:
Section 1.
“Sec.
2307.
Upon payment of the fine as
determined by the district collector which shall be in an amount not
less than twenty per centum (20%) nor more than eighty per centum (80%)
of the landed cost of the seized imported article of the F.O.B. value
of the seized article for export, or payment of the domestic market
value, the property shall be forthwith released and all liabilities
which may or might attach to the property by virtue of the offense
which was the occasion of the seizure and all liability which might
have been incurred under any cash deposit or bond given by the owner or
agent in respect to such property shall thereupon deemed to be
discharged.
Settlement of any seizure case
by payment of the fine or redemption of forfeited property shall not be
allowed in any case where the importation is absolutely prohibited or
where the importation is absolutely prohibited or where the release of
the property would be contrary to law.”
Sec. 2.
Sec. 3.
Done in the City of Manila,
this 6th day of August, in the year of Our Lord, nineteen hundred and
eighty-six.
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