Customs Modernization and Tariff Act Section 1609

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Questions and Answers

What is the filing fee for a petition found to be meritorious under Section 1609?

Five Hundred Pesos (P500.00) per tariff heading, per petitioner

Five Thousand Pesos (P5,000.00) per tariff heading, per petitioner (correct)

Three Thousand Pesos (P3,000.00) per tariff heading, per petitioner

One Thousand Pesos (P1,000.00) per tariff heading, per petitioner

What is the Legal Research Fund Fee collected for a Section 1609 petition?

Twenty-five Pesos (P25.00) per tariff heading

Fifty Pesos (P50.00) per tariff heading (correct)

One Hundred Pesos (P100.00) per tariff heading

Two Hundred Pesos (P200.00) per tariff heading

How many newspapers of general circulation are used to publish the TC's Notice of Public Consultation?

2 (correct)

How long does the TC have to complete its investigation and submit its Report of Findings and Recommendations to NEDA for a petition for Withdrawal or Suspension of Tariff Concessions?

60 days Signup and view all the answers

How long does the TC have to complete its investigation and submit its Report of Findings and Recommendations to NEDA for a Tariff Modification petition?

30 days Signup and view all the answers

What document provides the rules and regulations governing the conduct of TC's formal investigation on the withdrawal and/or suspension of tariff concessions?

Commission Order No. 02-01 Signup and view all the answers

Which of the following accurately describes Section 1609 of the Customs Modernization and Tariff Act (CMTA)?

It provides the legal basis for the President to enter into trade agreements with foreign governments and modify import duties and other import restrictions as part of these agreements. Signup and view all the answers

Which statement accurately describes the filing procedures for petitions under Section 1609?

Petitioners are required to accomplish either TC Form 3 (Request for Tariff Modification) or TC Form 4 (Request for Withdrawal/Suspension of Tariff Concession) and submit them to the Tariff Commission. Signup and view all the answers

What is the role of the Tariff Commission in the process of handling petitions under Section 1609?

All of the above. Signup and view all the answers

Which entity is responsible for granting final approval for petitions under Section 1609?

The National Economic and Development Authority (NEDA) Signup and view all the answers

Which of the following statements accurately describes the process for handling petitions under Section 1609?

Interested parties file petitions with the Tariff Commission, which conducts investigations and public hearings. The Tariff Commission submits its findings to NEDA, which deliberates with the TRM Committees. The NEDA Board grants final approval, and the Tariff Commission prepares the implementing Executive Order. Signup and view all the answers

According to the information provided, are there any fees to be paid by petitioners when filing petitions under Section 1609?

No, the information provided does not mention any fees to be paid by petitioners. Signup and view all the answers

Study Notes

Filing a Petition under Section 1609

Petitioners must pay a filing fee of P5,000.00 per tariff heading, per petitioner, which is collected prior to the conduct of a public consultation.
A Legal Research Fund Fee of P50.00 per tariff heading is also collected.
Petitioners also share in the publication cost of the Tariff Commission's Notice of Public Consultation, which is based on the number of products being petitioned for.

Timetable of a Section 1609 Investigation

The Tariff Commission completes its investigation and submits its Report of Findings and Recommendations to NEDA within thirty (30) days after the termination of the public consultation.
In cases of withdrawal or suspension of tariff concessions, the Tariff Commission submits its Report of Findings and Recommendations to NEDA within sixty (60) days from receipt of a properly documented petition.

Section 1609 of the Customs Modernization and Tariff Act (CMTA)

Section 1609 provides the legal basis for the President to enter into trade agreements with foreign governments and modify import duties and other import restrictions as part of these trade agreements.

Filing Procedures under Section 1609

Interested parties may file petitions with the Tariff Commission using either TC Form 3 (Request for Tariff Modification) or TC Form 4 (Request for Withdrawal/Suspension of Tariff Concession).
Petitioners can obtain the forms from the Tariff Commission or download them from the website: www.tariffcommission.gov.ph.
The Tariff Commission conducts investigations on the petitions, which includes holding public hearings to allow interested parties to present their views.
The Tariff Commission submits its findings and recommendations to the National Economic and Development Authority (NEDA).
The NEDA Board grants final approval, and the Tariff Commission prepares the implementing Executive Order.

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Description

Explore the provisions of Section 1609 of the Customs Modernization and Tariff Act (CMTA), which involves the promotion of foreign trade through the President's authority to enter trade agreements and modify import duties. Learn about filing procedures for petitions related to tariff modification and suspension under this section.