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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 684 |
The Governor, Central Bank of the Philippines
The Commissioner, Bureau of Customs
1.
The importation of aircraft, engines, equipment, machinery, spare
parts, commissary and catering supplies, aviation gas, fuel and oil,
whether crude or refined, and such other articles or supplies by and
for the use of Philippine Airlines as prescribed under its franchise,
as amended, shall be allowed informal entry fee of duty and released
immediately subject to the presentation, within fifteen (15) days from
date of release, of a statement under oath stating:
(a)
That such articles or supplies are not locally available in reasonable
quantity, quality, and price; and
(b) That they
are necessary for or incidental to the operation of Philippine Airlines
and its other business activities.
2. With respect to the importation of Philippine Airlines of consumable items for its catering and food services, the same shall be transferred directly and immediately to the Customs' bonded warehouse. Philippine Airlines shall be allowed to withdraw the same from the bonded warehouse by requisition slip and such consumable items so withdrawn shall be properly accounted for by presentation of proof of actual use in the airline's operations. All such withdrawals shall be subject to the approval of the Collector of Customs or his duly authorized representative.
3. The following requirements are hereby dispensed with:
(a)
Prior authority and/or endorsement of qualification of tax exemption
from the Department of Finance;
(b)
Certification from the Civil Aeronautics Administration that such
articles or supplies are not locally available in reasonable quantity,
quality, and price, and that they are necessary for or incidental to
the proper operation of the scheduled airlines importing the same; and
(c) Central
Bank release certificate.
Done in the City of Manila, this 4th day of April, in the year of Our Lord, nineteen hundred and seventy-eight.
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Since 19.07.98.
