QuestionsQuestions (EXECUTIVE ORDER NO. 133)
The President can modify import duty rates under Sections 104 and 401 of the Tariff and Customs Code of 1978, as amended (Presidential Decree No. 1464), upon recommendation of the National Economic and Development Authority.
The duty exemption applies for five (5) years from the effectivity of the Agriculture and Fisheries Modernization Act of 1997, specifically up to February 8, 2003, as stated in the order.
All enterprises engaged in agriculture and fisheries must be duly certified by the Department of Agriculture, in consultation with the Department of Finance and Board of Investments, in order to qualify for tariff exemptions.
The imported items must be exclusively used by the importing enterprise and must be accompanied by a certificate of eligibility or accreditation from the Department of Agriculture if they fall under ANNEX C.
Articles specifically listed in ANNEX B are accorded zero percent (0%) duty up to February 8, 2003, and do not require a certificate of eligibility or accreditation for importation.
A certificate of eligibility or accreditation duly issued by the Department of Agriculture is required, and the importation must comply with the rules and regulations outlined in ANNEX A.
The Department of Agriculture, Department of Finance, and Board of Investments, in consultation with concerned private sector and other government institutions, conduct the annual review.
All prior presidential issuances, administrative rules, or regulations inconsistent with this order are revoked or modified accordingly, including the Joint Department Administrative Order No. 1, series of 1998.
It took effect thirty (30) days following its complete publication in two newspapers of general circulation in the Philippines.