EXECUTIVE ORDER NO. 140 - MODIFYING THE RATES OF IMPORT DUTY ON CERTAIN IMPORTED ARTICLES AS PROVIDED FOR IN THE TARIFF AND CUSTOMS CODE OF 1978, AS AMENDED, IN ORDER TO IMPLEMENT THE MARGINS OF PREFERENCE IN ACCORDANCE WITH THE ASEAN AGREEMENT OF PREFERENTIAL TRADING AGREEMENT WITH RESPECT TO CERTAIN ARTICLES NEGOTIATED DURING THE NINETEENTH AND TWENTIETH MEETING OF THE ASEAN COMMITTEE ON TRADE AND TOURISM

Pursuant to the powers vested in me under Sec. 402 of the Tariff and Customs Code of 1978, as amended, I, CORAZON C. AQUINO, President of the Philippines, do hereby order:

Section 1. The articles specifically listed hereunder as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be accorded the margins of tariff preference as specified in Column 4. In effect, such articles shall be subject to the Preferential Tariff for ASEAN in Accordance with the schedule indicated opposite each article as specified in Column 5. 

ASEAN

  Tariff Description Rate of Margin of Preferential
Heading of Product Duty   Preference Tariff

(1)     (2)   (3)     (4)     (5)

ex. 33.06 900  Creams 50% Additional 30%
   and balms 20%

40.03 000  Reclaimed  20% Additional 15%
rubber 5%

ex. 42.03 000  Sports gloves 50% Additional 30%
  of leather 20%

ex. 20.06 900  Longan in air 50% Additional 35%
   tight containers 10%

ex. 76.10 000  Tubes for  30% Additional 18%
  toothpaste 5%

Sec. 2. In the event that any subsequent changes are made in the basic Philippine rate of duty on any of the above-mentioned articles, such articles shall automatically be accorded the corresponding margins of preference indicated in Column 4. 

Sec. 3. After the effective date of this Order, all the above-described articles entered or withdrawn from warehouse in the Philippines for consumption shall be subject to qualification under the Rules of Origin as prescribed in the Agreement on ASEAN Preferential Trading Arrangements ratified on August 1, 1977.

Sec. 4. This Executive Order shall take effect immediately.

DONE in the City of Manila, this 27th day of February in the year of Our Lord, nineteen hundred and eighty-seven.
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