BOC CMO 7 2016 Rules for the Importation of MVDP Participants Located Inside Ecozones
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P C fl ublic of tl e P h i i n c i n e : D e pa r t m e n t o f F i n an c e B ur e a u of C ust oms 10 99 Man ila C U STOMS M E MOR NDUM ORDER N O = { ; 1 / L Q S U B JE C T RUL E S F OR THE IMPORT T IO N OF M V D P P R T I C IP NTS LOC TED I NSIDE ECOZO N ES 1 Ob je ctives 1 . 1 To provide proce d ure for the i mpo r t ation of com p l etely k nocked-down CKD ehic l es b y participants i n t he M otor V ehic l e Developme n t P r og r am MVDP located i ns i de P hili pp ine Ex p ort Zone Authori t y PEZA areas . 2 To establish specific r u les i n the t rea tm ent o f CKDs and fi nished products/completely built uni t s C B U re lative t o the imposition o f dut i es and taxes thereon. 3 To l eve l the playing fields be t weena n d a m ong th e MVDPpart i c i pants . 1 . 4 To facili t ate trade. II . S c o pe This covers the i mporta t ion o f CKDsof M V DP pa rticipa nt s w h ich are , at th e same time, PEZA r egistered enterpr i ses an d ha v i ng v ehi cle man ufa cturin g fac i lit ies insi de ecozones . Gen e r a l Pro v isions 3. 1 Partic i pant shall refer to an enterp ri se du l y q u a l i f ied and registere d wit h the BO I under the MVDPpurs u ant to th e p ro vis i ons of E . O. 15 6 an d i t s i mplemen ti ng r u les and r egul a tions . 3 . 2 PEZAex port enterprise shal l refer to en tity du l y r e giste r ed w i th P EZ A pu r suant to t he prov i sions of R . A . N o . 79 16 and its implementing ru le s and r egulations . 3 . 3 F actory e n terp r ise sh l l refe r t o a n e nt i t y re g i s t e r ed as b o th a par ti cipant and a PE ZAexport enterp ri se . 3 . 4 T he f actory enterprise may import CK Ds a s r aw m ater i als eithe r as a part i cipant or a PEZAexpor t enterpr i se, wi th t he a ppl icable pro c edur e on a specific impor t atio n depe n ding o n t he p rogr am u n der whic h the y are being import e d . 3 . 5 E x ist ing procedure , rules and reg ul at i ons ap plicab l e t o t he i mpo r ta t io n by t he participants o f MVD P an d PE ZA e x p o r t enterprise s , no t inco n sis t ent with this order shal lr em ai n i n f ul l f orc e a nd effect
