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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 174 - FURTHER
AMENDING ADMINISTRATIVE ORDER (AO) NO. 266 DATED 07 FEBRUARY 1992, AS
AMENDED BY ADMINISTRATIVE ORDER NO. 138 DATED 19 JULY 1994, CREATING
THE ONE-STOP SHOP INTER-AGENCY TAX CREDIT AND DUTY DRAWBACK CENTER
(CENTER)
WHEREAS,
the One-Stop Shop Inter-Agency Tax Credit and Duty Drawback Center
(CENTER) was created to achieve an expeditious and orderly processing
of tax credit and duty drawback being granted to qualified
exporters;
WHEREAS, Administrative Order No. 266 authorizes the CENTER to collect
appropriate fees from the processing of tax credit and duty drawback
applications and to use the income derived therefrom to enhance the
effectiveness and efficiency of the CENTER;
WHEREAS, the CENTER needs some fibility in the use of appropriate fees
collected as authorized in AO 266 to be able to respond appropriately
to its mandate and to other pressing challenges;
WHEREAS, establishing a CENTER Trust Fund is necessary to carry out the
mandate of AO 266;
WHEREAS, the CENTER Trust Fund can be sourced from the collections made
since the creation of the CENTER in 1992 pursuant to AO 266;
WHEREAS, under Sec. 45 of Book VI of EO 292, a Permanent Committee
was constituted to be composed of the Secretary of Finance as Chairman,
and the Secretary of Budget and the Chairman, Commission on Audit, as
members;
WHEREAS, there are ongoing investigations of the alleged tax credit
scam in the CENTER which require the full support and assistance of the
various agencies of government;
WHEREAS, the CENTER is embarking on special programs and projects to
recover tax credits obtained through fraud, to investigate said
fraudulent claims with the end view of prosecution of those involved,
and to attract and maintain highly competent personnel to carry out the
foregoing tasks;
WHEREAS, the CENTER is establishing control measures to safeguard the
processing and issuance of tax credits by setting up verification unit,
computerization, institutionalizing annual plant visits and post audits
as mandated by AO 226;
WHEREAS, in pursuit of these special programs and projects, the CENTER
under Executive Order No. 156, dated October 7, 1999 was made a part of
a special task force, funding of said task force to be drawn from the
CENTER as specified in Sec. 7, EO 156;
NOW, THEREFORE, I, PRESIDENT JOSEPH EJERCITO ESTRADA, by virtue of the
powers vested in me by law, do hereby order the following:
Section 1.
Sec. 2.
a.
b.
c.
d.
e.
f.
g.
h.
i.
Sec. 3.
Chairman:
Members:
The Bureau of Customs
The Bureau of Internal Revenue
The CENTER Executive Director
The CENTER shall invite representatives from the Industrial Technology Development Institute, Bureau of Export Trade Promotions, Garments and Textile Export Board, Government Financial Institutions, and other concerned government agencies, as well as representatives from the private sector as Consultants.
Sec. 4. Since 19.07.98.
DONE in the City of Manila,
this 3rd day of November, in the year of Our Lord, Nineteen Hundred and
Ninety-Nine.
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