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Executive Order No. 890 (2010)
—Section 6 of Republic Act 8479, otherwise known as the —Downstream Oil Industry Deregulation Act of 1998,— provides that —Any law to the contrary notwithstanding and starting with the effectivity of this Act, a single and uniform tariff duty shall be imposed and collected both on imported crude oil and imported refined petroleum products at the rate of three percent (3%): Provided however, that the President of the Philippines may, in the exercise of his powers, reduce such tariff rate when in
Section 1. —The articles specifically listed in Annex —A— hereof, as classified under Section 104 of the Tariff and Customs Code of 1978, as amended, shall be subject to the Most-Favoured-Nation (MFN) rate of import duty in accordance with the schedule indicated opposite each article.
Section 2. —The rates of import duty on tariff headings and subheadings not enumerated and those listed but represented by the symbol —x x x— shall remain in force and effect.
Section 3. —Upon the effectivity of this Executive Order, all articles specifically listed in the aforesaid —Annex— which are entered and withdrawn from warehouses in the Philippines for consumption shall be levied the MFN rates of duty as indicated therein. ℒαwρhi৷
Section 4. —All other Presidential issuances, administrative rules and regulations, or parts thereof, which are inconsistent or contrary with this Executive Order are hereby revoked or modified accordingly.
Section 5. —This Executive Order shall take effect fifteen (15) days following its complete publication in the Official Gazette or in a newspaper of general circulation in the Philippines.
Done—in the City of Manila, this 10th day of June in the year of Our Lord, Two Thousand and Ten.
(SGD.) GLORIA MACAPAGAL-ARROYO President of the Philippines
By the President:
(SGD.) LEANDRO R. MENDOZA Executive Secretary