Scope and Applicability
- The guidelines implement Section 19 of Republic Act 6847 for tax exemptions on imports by PSC, POC, and NSAs as of January 24, 1990.
Definitions of Key Terms
- International Sports Standard: Specifications approved by international sports bodies like the International Olympic Committee.
- Equipment: Essential goods and machines necessary to play or develop sports and maintain sports complexes.
- Supplies/Materials: Items used by players, officials during training or competitions, and for facility operations.
- Sportswear: Attire worn by athletes and officials in training or competition.
- Local Availability: Items certified by Department of Trade and Industry (DTI) to be locally manufactured.
- Instrument: Devices measuring physical parameters important for training or competitions.
- These definitions apply mainly to amateur sports; vehicles for more than nine passengers may also be imported duty-free.
Conditions for Availment of Tax Exemption
- Direct Importation: Requires a letter application signed by PSC Chairman or representative with import documents, certification from PSC on international sports standard and necessity, and DTI certification of non-availability locally.
- If DTI certifies local availability, exemption may still apply if local items do not meet international standards.
Importation by Donation
- To PSC: Letter application and deed of acceptance from PSC required.
- To POC: Requires letter application from POC President, oath certification by PSC Chairman, PSC endorsement to Department of Finance, authenticated deed of donation, and deed of acceptance by POC.
- To NSAs: Requires letter application from NSA head, oath certification by PSC Chairman, PSC endorsement, certification of NSA accreditation, authenticated deed of donation, and NSA acceptance.
- All exemption requests by POC and NSAs must be routed through PSC for endorsement before Department of Finance approval.
- Department of Finance may require additional documentation or undertakings.
Inspection and Monitoring
- Department of Finance may conduct pre- and post-release inspections in the presence of PSC representatives.
- PSC may also inspect and audit donated imported items per its internal rules.
- Inspection reports to be shared with PSC.
Penalties
- Violations of these guidelines or revenue laws shall be subject to existing legal penalties.
Repealing Clause
- All previous inconsistent orders, circulars, rules, or regulations are revoked or modified accordingly.
Effectivity
- The guidelines shall take effect ten (10) days after publication in a newspaper of general circulation.