Increase in Export Assessment Fees

Ask AI

GTEB CIRCULAR NO. 002: Increase in Export Assessment Fees

Getting related questions...
What do you want to know about the law?
Your conversations and searches stay on your device. We do not store or track your activity on our servers. To know more about our privacy commitment see jur.ph/privacy Ask AI provides quick answers grounded in full case texts to avoid mistakes. Always verify with the original text.

Ask AI

Title Supreme Court: Increase in Export Assessment Fees

Law: Gteb Circular No. 002

Decision Date: Jan 18, 1990

Effective January 23, 1990, the GTEB Circular No. 002 mandates an increase in assessment fees for export quotas and authorizations from P0.024 to P0.03 per square meter, with a minimum fee of P30.00, in response to rising operational costs.

assessment fees

administrative law

A

Revised Assessment Fee Structure

The assessment fee was increased from P0.024 per square meter equivalent (SME) to P0.03 per SME.
This increase applies to all Export Quotas and Export Authorizations awarded by the Board.
A minimum fee threshold was established: the fee shall not be less than Thirty Pesos (P30.00), regardless of the computed amount.

Amendment to Existing Regulations

This fee increase amends Section VI, Item 1 of the GTEB Rules and Regulations.
The previous amendment was under GTEB Circular 007, Series of 1989; the current circular further modifies this.

Implementation and Effectivity

The Circular was adopted on January 18, 1990.
It takes effect five (5) days after its publication.

Authority and Enforcement

The Circular was issued under the authority of the Board.
Gloria Macapagal-Arroyo, Executive Director, signed the Circular, giving it official sanction.

END