Tariff Rates and Classification of Milk Imports
- Milk imported in bulk containers (now defined as 20 kgs or more) is subject to a lower ad valorem tariff rate of 10%.
- Milk imported in retail containers continues to be subject to a higher tariff rate of 20% ad valorem.
- The provision specifically refers to the classification under Customs Code Number (CCN) heading 04.02 concerning milk and cream products.
Implementation and Effectivity of the Amended Tariff Rate
- Effective immediately upon the issuance of the Executive Order, all milk imported in bulk containers as newly defined and withdrawn from warehouses for consumption will be subjected to the 10% tariff.
Continuity of Other Import Duty Rates and Classifications
- Import duty rates and product classifications under Executive Order No. 49 that are not altered by this amendment shall remain unchanged and continue to be enforced.
Repeal and Modification of Inconsistent Provisions
- Any existing laws, orders, issuances, rules, or regulations inconsistent with this amendment are repealed or modified accordingly to align with the new definition and tariff rates.
Immediate Effectivity
- The Executive Order takes effect immediately upon issuance, ensuring swift application of the amended definitions and tariff rates for milk importation.