Temporarily Modifying The Rates Of Import Duty On Fresh, Chilled Or Frozen Meat Of Swine Under Section 1611 Of Republic Act No. 10863, Otherwise Known As The “Customs Modernization And Tariff Act”
Date Posted : 01 April 2021
Effectivity : Immediately upon its publication in the Official Gazette or in a newspaper of general circulation, and shall be effective for a period of one (1) year from such date.
Rate of Import Duty
Temporary reduction on tariff rates of the Most Favored Nation (“MFN”) on fresh, chilled or frozen meat of swine under AHTN 2017 Heading No. 02.03 from 30% (in-quota) and 40% (out-quota), to 5% (in-quota) and 15% (out-quota) for the first three (3) months of effectivity of the Order, and 10% (in-quota) and 20% (out-quota) from the 4th until the 12th month, to address the existing pork supply shortage, stabilize prices of pork meat, and minimize inflation.
Repeal : All other issuances, administrative rules and regulations, or parts thereof, which are inconsistent with this Order are hereby repealed or modified accordingly.