Key Definitions and Participating Entities
- BBC Scheme involves reciprocal import and export of automotive parts among ASEAN member countries.
- Participating countries for these schemes include the Philippines, Malaysia, and Thailand.
- BBC entities refer to manufacturers or assemblers in ASEAN countries involved in the scheme.
Minimum 50% Margin of Preference (MOP) Implementation
- A minimum 50% Margin of Preference on import duties shall be accorded to certain automotive parts listed in Annexes A, B, and C.
- Preferential tariffs are specified in detailed schedules annexed to the order.
Specific Provisions for Mitsubishi BBC Scheme (Section 2)
- Applies to parts of manual transmission, final drive system, and stamping body parts for specified Lancer and Galant models.
- MOP valid for imports from Thailand until January 23, 1995.
- Possible extension or grant to other ASEAN countries dependent on reciprocal treatment.
Specific Provisions for Nissan BBC Scheme (Section 3)
- Covers body metal parts and oil pan assemblies for Nissan Sentra (Model B13).
- MOP applies to imports from Malaysia and Thailand until January 23, 1995.
- Extension subject to reciprocal MOP granting by other ASEAN members.
Specific Provisions for Toyota BBC Scheme (Section 4)
- Applies to a range of parts for Corolla, Liteace, and TUV models including suspension, steering, fuel tank, electrical, and accessory parts.
- MOP granted to Malaysia and Thailand until January 23, 1995.
- Future extension to non-participating ASEAN countries conditional on reciprocity.
General Extension of MOP (Section 5)
- Effective January 24, 1999, MOP will be extended to any ASEAN member producing the BBC products, regardless of prior participation status.
Continuity of the 50% MOP (Section 6)
- The MOP rate remains effective regardless of subsequent changes in basic Philippine duty rates on the listed articles.
Qualification under Rules of Origin (Section 7)
- All articles benefiting from MOP must comply with the Rules of Origin under ASEAN Preferential Trading Agreements.
- Ensures that preferential treatment is restricted to qualifying products.
Administrative Procedures for Changes in Part Numbers (Section 8)
- Any revision of part numbers in annexes must be communicated promptly to the Philippine Government.
- Department of Trade and Industry (DTI) to notify the Bureau of Customs within five days of receiving revised part numbers.
Effectivity and Implementation (Section 9)
- The Order took effect immediately upon signing on April 2, 1993.
- Enforced by the President through the powers granted under the Tariff and Customs Code of 1978, as amended.