EXECUTIVE ORDER
MALACAŅANG PALACE
Manila
BY THE PRESIDENT OF THE PHILIPPINES
EXECUTIVE ORDER No. 243
TEMPORARILY
REDUCING/SUSPENDING THE RATES OF IMPORT DUTY ON FREQUENTLY USED SPARE AND
REPLACEMENT PARTS FOR JEEPNEYS AND BUSES UNDER SECTION 104 OF THE TARIFF AND
CUSTOMS CODE OF 1978 (PRESIDENTIAL DECREE NO. 1464), AS AMENDED
WHEREAS, the transport services
sector is an important industry which moves goods and people to their
destinations;
WHEREAS, the temporary
reduction/suspension in the rates of duty will mitigate the impact of the high
cost of frequently used spare and replacement parts for jeepney and buses;
WHEREAS, the reduction of cost of repair and maintenance of transport
vehicles will prevent further increase in transport fares;
WHEREAS, Section 401 of the
Tariff and Customs Code of 1978, as amended, empowers the President to increase,
reduce or remove existing rates of duty, as well as, to modify the tariff
nomenclature.
NOW, THEREFORE, I, GLORIA
MACAPAGAL-ARROYO, President of the Philippines, by virtue of the powers
vested in me by law, do hereby order:
SECTION 1. The articles
specifically listed in "Annex A" hereof, as classified under Section
104 of the Tariff and Customs Code of 1978, as amended, shall be imposed the MFN
rates of import duty in accordance with the schedule indicated opposite
each article.
SEC. 2. Upon the
effectivity of this Executive Order, the articles in the aforesaid "Annex
A", which are imported by duly accredited program proponent shall be levied
the rates of duty herein prescribed.
SEC. 3. The Secretary of
Department of Trade and Industry (DTI) together with the Department of
Transportation and Communication (DOTC), Department of Finance (DOF), and the
National Economic and Development Authority (NEDA), shall issue appropriate
guidelines including the accreditation mechanism to implement the tariff
privilege herein granted. The guidelines shall be issued within two (2)
weeks from the complete publication of this Executive Order.
SEC. 4. All other
Presidential issuances, administrative rules and regulations, or parts thereof,
which are inconsistent with this Executive Order are hereby revokes or modified
accordingly.
SEC. 5. This Executive
Order shall be effective for a period of six (6) months which shall commence
immediately following its complete publication in two (2) newspapers of general
circulation in the Philippines.
DONE in the City of Manila,
this 2nd day of October, in the year of our Lord, two thousand and three.
Signature of the President
By the President:
ALBERTO G. ROMULO
Executive Secretary
to
view Annex A
[ Home ] [ Up ] [ E.O. 63 ] [ E.O. 133 ] [ EO 71 ] [ EO 168 ] [ EO 198 ] [ EO 208 ] [ EO 234 ] [ EO 237 ] [ EO 238 ] [ EO 209 ] [ EO 214 ] [ EO 215 ] [ EO 239 ] [ EO 253 ] [ EO 254 ] [ EO 276 ] [ EO 314 ] [ EO 319 ] [ EO 143 ] [ EO334 ] [ EO11 ] [ EO 465 ] [ EO 486 ] [ EO 49 ] [ EO 487 ] [ EO 453 ] [ EO 83 ] [ EO 84 ] [ EO 86 ] [ EO 87 ] [ EO 88 ] [ EO 89 ] [ EO 91 ] [ EO 92 ] [ EO 93 ] [ EO 94 ] [ EO 127 ] [ EO 128 ] [ EO 129 ] [ EO 161 ] [ EO 162 ] [ EO 163 ] [ EO 164 ] [ EO 166 ] [ EO 165 ] [ EO 196 ] [ EO 197 ] [ EO 214 ] [ EO 230 ] [ EO 241 ] [ EO 242 ] [ EO 243 ] [ EO 244 ] [ EO 245 ] [ EO 260 ] [ EO 261 ] [ EO 262 ] [ EO 263 ] [ EO 264 ] [ EO 268 ] [ EO 295 ] [ EO 300 ] [ EO 312 ] [ EO 313 ] [ EO 316 ] [ EO 336 ] [ EO 337 ] [ EO 338 ] [ EO 375 ] [ EO 376 ] [ EO 395 ] [ EO 397 ] [ EO 396 ] [ EO 418 ] [ EO 419 ] [ EO 448 ] [ EO 450 ] [ EO 443 ] [ EO 445 ] [ EO 479 ] [ EO 477 ] [ EO 484 ] [ EO 485 ] [ EO 486 ] [ EO 487 ] [ EO 488 ] [ EO 489 ] [ EO 490 ] [ EO 491 ] [ EO 440 ] [ EO 526 ] [ EO 527 ] [ EO 528 ] [ EO 156 ] [ EO 574 ] [ EO 617 ] [ EO 618 ] [ EO 613 ] [ EO 627 ] [ EO 638 ] [ EO 639 ] [ EO 677 ] [ EO 678 ] [ EO 679 ] [ EO 691 ] [ EO 702 ] [ EO 703 ] [ EO 704 ] [ EO 765 ] [ EO 766 ] [ EO 767 ] [ EO 768 ] [ EO 790 ] [ EO 812 ] [ EO 814 ] [ EO 818 ] [ EO 819 ] [ EO 850 ] [ EO 851 ] [ EO 862 ] [ EO 863 ]
