Executive Order No. 396
REDUCING THE RATES OF
IMPORT DUTY ON COMPRESSED NATURAL GAS MOTOR VEHICLES AND NATURAL GAS VEHICLE
INDUSTRY-RELATED EQUIPMENT, PARTS AND COMPONENTS UNDER SECTION 104 OF THE
TARIFF AND CUSTOMS CODE OF 1978 (PRESIDENTIAL DECREE NO. 1464), AS AMENDED
WHEREAS, the Natural Gas Vehicle Program for Public Transport (NGVPPT),
which was launched on 16 October 2002, aims to enhance energy supply security in
the transport sector through fuel for transport;
WHEREAS, Executive Order 164 (Modifying
the Nomenclature and the Rates of Import Duty on Various Products Under Section
104 of the Tariff and Customs Code of 1978), issued on 10 January 2003, reduced
the rates of duty on natural gas vehicle (NGV)
industry-related equipment, parts and components to encourage active private
sector participation in the NGVPPT in terms of
providing the necessary support, logistics and infrastructure;
WHEREAS,
Executive Order 290 (Implementing the Natural Gas Vehicle Program for Public
Transport), issued on 24 February 2004, aims to ensure the effective
implementation of the NGVPPT;
WHEREAS, import duties of 0% on compressed natural gas (CNG)
motor vehicles and NGV, industry-related equipment,
parts and components will serve as further incentive to
NGVPPT
participants to invest in CNG buses and equipment;
WHEREAS, Section 401 of the Tariff and Customs Code of 1978 (Presidential Decree
No. 1464), as amended, empowers the President of the Republic of the Philippines
to increase, reduce, or remove existing rates of import duty, as well as to
modify the form of duty and tariff nomenclature, under Section 104 of the Code.
NOW, THEREFORE, I, GLORIA MACAPAGAL ARROYO, President of the Republic of the
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 subject to the Most-Favoured-Nation
(MFN) import duty for the period in accordance with
the schedule indicated opposite each article.
SEC. 2. The nomenclature and the
rates of import duty on tariff headings not enumerated and those listed but
represented by the symbol “x x x”
shall remain in force and in effect.
SEC. 3. Upon the effectivity of this Executive Order,
all articles listed in Annex “A” hereof which are entered or withdrawn from
warehouses in the
SEC. 4. The
Department of Energy, in coordination with the
Department of Trade and Industry, the
National Economic and Development Authority and the
Bureau of Customs, shall promulgate the implementing rules and regulations
that will govern the implementation of this Executive Order.
SEC. 5. All Presidential
issuances, administrative rules and regulations, or parts thereof, which are
contrary to or inconsistent with this Executive Order are hereby revoked or
modified accordingly.
SEC. 6. This Executive Order shall take effect thirty (30) days following its complete publication in two
(2) newspapers of general circulation in the
Done in the City of
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