Question & AnswerQ&A (EXECUTIVE ORDER NO. 196)
The main purpose is to modify the rates of import duty on certain imported articles under Section 104 of the Tariff and Customs Code of 1978 to provide tariff assistance to the agriculture and fisheries sectors for global competitiveness.
The President of the Republic of the Philippines has the authority to increase, reduce, or remove existing protective rates of import duty pursuant to Section 401 of the Tariff and Customs Code of 1978, as amended.
The National Economic and Development Authority (NEDA) recommends changes in import duty rates to the President.
Section 1 specifies that certain articles listed in Annex "A" of the order, classified under Section 104 of the Tariff and Customs Code of 1978, shall be subject to new import duty rates as per the schedule indicated.
Their nomenclature and rates of import duty shall remain in force and effect without modification.
The new import duty rates take effect immediately upon the complete publication of the Executive Order in two newspapers of general circulation in the Philippines.
Complete publication in two newspapers of general circulation in the Philippines is required before the Executive Order takes effect.
Section 4 revokes or modifies all presidential issuances, administrative rules and regulations, or parts thereof that are inconsistent with this Executive Order.
The authority is derived from Section 401 of the Tariff and Customs Code of 1978 (Presidential Decree No. 1464), as amended.
Executive Secretary Alberto G. Romulo signed the Executive Order along with President Gloria Macapagal Arroyo.