Extend Import Duty Rates as per EO No. 404

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EXECUTIVE ORDER NO. 404: Extend Import Duty Rates as per EO No. 404

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Title Supreme Court: Extend Import Duty Rates as per EO No. 404

Law: Executive Order No. 404

Decision Date: Jun 8, 1990

Corazon C. Aquino extends the import duty rates on specific articles as outlined in the Tariff and Customs Code of 1978, effective June 8, 1990, ensuring their continued enforcement until further revision.

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Legal Authority and Scope

The authority for this extension is derived from Section 401 of the Tariff and Customs Code of the Philippines.
The law applies specifically to import duties governed under the Tariff and Customs Code, particularly those impacted by the referenced National Emergency Memorandum Order.

Effectivity and Publication Requirements

The Executive Order took effect on June 8, 1990.
It is mandated to be published in at least two national newspapers of general circulation to ensure public awareness and compliance.

Key Legal Concepts and Implications

Import duties remain stable for the covered articles, providing regulatory consistency for importers and customs authorities.
The continuation of duty rates aids in economic and trade stability during the period of extension.
The power of the President to alter tariff rates is highlighted, reflecting the executive role in trade and customs regulation.

Procedural Aspects

Official issuance signed by the President of the Philippines, Corazon C. Aquino.
The Executive Secretary attests the order, ensuring its formal promulgation and administrative processing.

Penalties and Enforcement

While specific penalties are not detailed in this Executive Order, non-compliance with tariff rates would fall under the enforcement provisions of the Tariff and Customs Code, including possible customs violations and penalties.

END