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Primary Text
Adoption of Definitive Measure- Upon its positive determination the Commission shall recommend to the Secretary an appropriate definitive measures, in the form of
(a) An increase in, or imposition of, any duty on the imported product;
(b) A decrease in or the imposition of a tariff-rate quota (MAV) on the product;
(c) A modification or imposition of any quantitative restriction on the importation of the product into the Philippines;
(d) One or more appropriate adjustment measure, including into the provision of trade adjustment measure, including the provision of trade adjustment assistance;
(e) Any combination of action described in subparagraph (a) to (d).
The Commission may also recommend other actions, including the initiation of international negotiation to address the underlying cause of the increase of imports of the product, to alleviate the injury or threat thereof to the domestic industry, and to facilitate positive adjustment to import competition.
The general safeguard measure shall be limited to the extent of redressing or pre venting the injury and to facilitate adjustment by the domestic industry from the adverse effects directly attributed to the increased imports Provided, however, that when quantitative import restriction are used, such measure shall not reduce the quantity of imports below the average imports for the three (3) preceding representative years, unless clear justification is given that a different level is necessary to prevent or remedy a serious injury.
A general safeguard measure shall not be applied to a product originating from a developing country if its share of total imports of the product is less that three percent (3%) provided, however, The developing countries with less than three percent (3%) share collectively account for not more than nine percent (9%) of the total imports.
The decision imposing a general safeguard measure, the (1) year, shall be reviewed at regular intervals for purpose of liberalizing or reducing its intensity the industry benefiting from the application of a general safeguard measure shall be required too show positive adjustment within the allowable be terminate where the benefiting industry fails to show any improvement, as may be determined be by the Secretary.
The Secretary shall issue a written instruction to the heads of the concerned government agencies to implement the appropriate general safeguard measure as terminated by the Secretary within fifteen (150days from receipt of the report.
In the event of a negative final determination, or if the cash bond in excess of the definitive safeguard duty assessed, the Secretary shall immediately issue, through the Secretary of Finance, a written instruction to the Commissioner of Customs authorizing the return of the cash bond or the remainder thereof, as the cash may be, previously collected provisional general safeguard measure within in the event of a negative final determination, or if the cash bond is in excess of the definitive safeguard duty assessed, the Secretary shall immediately issue, through the Secretary of Finance, a written instruction to the Commissioner of Customs, authorizing the return of the cash bond or the remainder thereof, as the case may be, previously collected as provisional general safeguard measure within ten (10) days from the date a final decision has been made: Provided, That the government shall not be liable for any interest on the amount to be returned.
The Secretary shall not accept for consideration another petition from the same industry, with respect to the same imports under consideration within one (1) year after the date of rendering such a decision.
When the definitive safeguard measure is in the form of a tariff increase, such increase shall be not subject to the maximum levels of tariff as set forth in Section 401 (a) of the Tariff and Customs Code of the Philippines.
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