1996 APEC Promotion Period and Duty-Free Sales

Ask AI

EXECUTIVE ORDER NO. 378: 1996 APEC Promotion Period and Duty-Free Sales

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: 1996 APEC Promotion Period and Duty-Free Sales

Law: Executive Order No. 378

Decision Date: Nov 5, 1996

Fidel V. Ramos declares November 15 to 30, 1996, as a Special APEC Consciousness Promotion Period, authorizing tourism activities and limited duty-free shopping in the Subic Bay Freeport Zone to enhance public awareness and showcase Filipino products during the APEC conference.

administrative order

special tourism

economic cooperation

A

Conduct of Special Tourism-Related Activities

The Department of Tourism (DOT) in coordination with SBMA is authorized to conduct a special and intensive tourism program emphasizing APEC's significance to the Philippines.
DOT may engage the Department of Trade and Industry and duty-free stores at Subic Bay Freeport Zone to exhibit Filipino competitive products alongside foreign-made items.

Limited Duty-Free Shopping Privilege for Filipinos

Filipino citizens aged 15 years and above are granted a limited duty-free shopping privilege during November 15 to 30, 1996.
They can purchase and carry out consumer goods valued up to US $100 from the Subic Bay Freeport Zone.
Existing restrictions on allowable items for sale still apply.

Tax and Duty-Free Privileges for Certain Individuals

Zone residents, foreign tourists, balikbayans (returning Filipino expatriates), overseas contract workers (OCWs), and returning residents from abroad retain their current tax and duty-free privileges.

Regulation of Duty-Free Sales

Only authorized duty-free shops regulated jointly by the Bureau of Customs and SBMA may sell tax and duty-free consumer items under this Executive Order.
This ensures proper accounting and control of sales transactions.

Implementation and Rules Promulgation

The Departments of Tourism, Trade and Industry, and Finance/Bureau of Customs, in coordination with SBMA, are tasked to issue rules and regulations to carry out the provisions of this order.

Effectivity

The Executive Order takes effect immediately upon signing on November 5, 1996.

END