Article 175p. 175

NATIONAL INTERNAL REVENUE CODE TAXATION, TARIFF and CUSTOMS LAWS

February 1974. The National Economic and Development

Authority shall, from time to time, review and establish

such base prices taking into account, among others, the

cost conditions in various industries.

Export Products

Export

Duty

Premium

Duty

Mineral Products

(1) Metallic ores and

concentrates

Iron

4%

20%

Chromite

4%

20%

(2) Mineral Fuel

(a) Bunker Fuel Oil

4%

(b

)

Petroleum Pitch

4%

Plant and Vegetable Products:

(1) Abaca

Stripped hemp,

unmanufactured

4%

(2) Bananas

4%

(3) Coconut

(a) Copra

6%

30%

(b

)

Coconut Oil

4%

20%

(c) Copra meal or cake

4%

20%

(d

)

Dessicated coconut

4%

20%

(4) Pineapple

(a) Pineapple sliced or

crushed

4%

(b

)

Pineapple juice or juice

concentrate

4%

(5) Sugar and Sugar Products

(a) Centrifugal Sugar

6%

20%

(b

)

Molasses

4%

20%

(6) Tobacco

(a) Tobacco leaf

4%

(b

)

Scrap tobacco

4%

Animal Products:

(1) Shrimps and prawns

4%

For

purposes

of

computing

the

duty,

the

cost

of

packaging and crating materials shall be deductible from

the

export

value,

provided

such

materials

are

domestically manufactured using a substantial portion of

local raw materials, as determined by the Board of

Investments.

SECTION 515. Flexible Clause . — The President, upon

recommendation

of

the

National

Economic

and

Development Authority, may subject any of the above

products to higher or lower rates of duty provided in this

Title, include additional products, exclude or exempt any

product

from

this

Title,

or

additionally

subject

any

product to an export quota. In the exercise of this

authority the President shall take into account: (1) the

policy

of

encouraging

domestic

processing;

(2)

the

prevailing prices of export products in the world market;

(3) the advantages obtained by export products from

international agreements to which the Philippines is a

signatory; (4) the preferential treatment granted to our

export products by foreign governments; and (5) the

need to meet domestic consumption requirements.

SECTION 516. Assessment and Collection of the Duty. —

The duty shall be assessed by the Bureau of Customs and

collected by the Bureau thru authorized agent banks of

the Central Bank not later than 30 days from date of

shipment.

SECTION 517. Deficiency and Surcharges . — In case the

duty is not fully paid at the time specified hereof, the

deficiency shall be increased by an amount equivalent to

twenty-five per centum thereof, the total to be collected

in the same manner as the duty. Where the deficiency is

the

result

of

false

or

fraudulent

statements

or

representations

attributable

to

the

exporter,

the

surcharge shall be fifty per centum .

SECTION 518. Allotment and Disposition of the Proceeds .

— The proceeds of this duty shall accrue to the General

Fund and shall be allotted for development projects;

except that one per centum (1%) annually shall be set

aside for the Export Assistance Fund to be administered

by the Board of Investments and expended in accordance

with the General Appropriation Act to finance export

promotion projects; however, thirty per cent of this 1%

shall

accrue to the Bureau of Customs which shall

constitute as its intelligence fund to be disbursed by the

Commissioner of Customs in the implementation of this

Title,

such

as

but

not

limited

to

the

purchase

of

equipment, hiring of personnel if necessary and for such

other operational expenses in the promotion of the

export industry.

SECTION

519.

Rules

and

Regulations .

—

The

Commissioner of Customs shall promulgate the rules and

regulations necessary for the implementation of this Title,

subject to the approval of the Minister of Finance.

BOOK II Customs Law

TITLE I The Bureau of Customs

PART 1 Organization, Function and Jurisdiction

of the Bureau

SECTION 601. Chief Officials of the Bureau of Customs . —

The Bureau of Customs shall have one chief and four

assistant

chiefs,

to

be

known

respectively

as

the

Commissioner of Customs (hereinafter known as the

Commissioner) and four (4) Deputy Commissioners of

Customs,

each

one

to

head

(a)

Customs

Revenue

Collection Monitoring Group; (b) Customs Assessment

and Operations Coordinating Group; (c) Intelligence and

Enforcement Group; (d) Internal Administration Group,

who

shall

each

receive an annual compensation in

accordance with the rates prescribed by existing law. The

Commissioner

and

the

Deputy

Commissioners

of

Customs shall be appointed by the President of the

Philippines. (As amended by E.O. 127 effective 30 January

1987).

In case of temporary and permanent vacancy, one of the

Deputy

Commissioners

shall

be

designated

by

the

Secretary of Finance to act as Commissioner of Customs,

© Compiled by RGL

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