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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 140 -
RATIONALIZING THE DUTY FREE STORES/OUTLETS AND THEIR OPERATIONS IN THE
PHILIPPINES AND FOR OTHER PURPOSES
WHEREAS, duty free stores/outlets
have proliferated in areas beyond international ports of entry and
expanded product lines that broaden entry of duty free goods into the
domestic economy with adverse effects on local enterprises in
manufacturing and retailing;
WHEREAS, Executive Order No. 68 imposes, effective April 1, 1993, an
entrance fee of P50.00 on entry of all non-passengers to duty free
shops operated by the Duty Free Philippines, to mobilize revenue for
budgetary requirements and dampen access of non-passengers in order to
mitigate adverse impact on local enterprises of large volume of duty
free goods entered through duty free shops;
WHEREAS, there is a further need to conduct a comprehensive study on
the operational aspects of all duty free stores/outlets, including
those in the Subic Special Economic Zone and the former Clark Air Base,
in order to evolve a more wholistic policy approach thereon, but in the
meantime, adopt certain measures to address the aforementioned
problems;
WHEREAS, the P50.00 entrance fee has not been imposed on other duty
free shops operating in special economic zones which are Subic and
Clark areas, to the disadvantage of Duty Free Philippines;
WHEREAS, in the spirit of the forthcoming Christmas Season and in
support of the government’s Balikbayan Program, it is deemed
appropriate to lift the P50.00 entrance fee presently imposed.
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the
Philippines, by virtue of the powers vested in me by law, do hereby
order, as follows:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Sec. 5.
Sec. 6.
Sec. 7.
DONE, in the City of Manila,
this 30th day of November, in the Year of Our Lord, Nineteen Hundred
and Ninety-Three.
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