Republic of the Philippines

Regional Board of Investments

Autonomous Region in Muslim Mindanao

Cotabato City

APPLICATION FORM

Importation of Capital Equipment, Spare Parts and Accessories Under E.O. 70

I. Applicant:

Name of Firm:

Office Address:

Representative:

Tel No.

BOI Registration No.

Date Registered:

Registered Activity:

Reg’d Annual Capacity:

No. of Days of Operation per Year:

Plant Location:

Type of Registration:

[ ] New [ ] Expansion

[ ] Modernization/Rehabilitation

[ ] Export-Oriented

[ ] Domestic-Oriented

II. Capital Equipment, Spare Parts and Accessories to be Imported:

(Please refer to Attachments “A” and “B” for the format of your listing of the items to be imported.)

Applicant Makes the Following Representation and Commitments:

That prior Board Approval for the importation of the items being applied for is obtained before the purchase order is made before the corresponding letters of credit are opened and any violation will be dealt with accordingly;

That the items applied for are not manufactured domestically in reasonable quantity, quality or prices;

That the items applied for are actually used for the registered activity only.

Done in ________________ this ______ day of ____________ 201 ____.

___________________

Applicant

SUBSCRIBED AND SWORN to before me this _____ day of ___________________ 201 __ in ________________, affiant having exhibited to me his/her Residence Certificate No. _________ issued at ________________ on

_________________________.

__________________

Notary Public

Doc No. ______

Page No. ______

Book No. _____

Series of ______

Attachment “A”

Name of Firm: ________________________________________________

List of Capital Equipment, Spare Parts and/or Accessories Being Applied for

Quantity

Description

End-Use/

FOB

Tariff

Duty

Country

Rated

Remarks

of item to be

Function

Value in

Code

Rate

of

Capacity

imported

US

1/

Origin

per Day

Dollar

2/

1/ Tariff code shall be based on the ASEAN Harmonized Tariff Nomenclature (AHTN) of the Tariff and Customs Code of the Philippine

2/ For capacity determinant machinery or equipment only

Attachment “B”

Estimated Costs, Taxes and Duties

(Use the Guide Format for Computation as Shown Below) (All Values Must be in US Dollars )

Short

FOB

Insurance

Freight

CIF

Duty

Duties

Other

Landed

Value

Duties

Duties

Description

Value

(1% of

5%-

Dutiable

Rate

Charges

Cost

Added

to be

to be

FOB)

Asia

Value

Taxes

Paid

waived

10%-

others

Note: Use the above format if there are more than one item being applied for with different duty rates and freights

Guide/Format in Computing the Estimated Costs, Taxes and Duties (All Values Must be in US Dollars)

Formula

Amount in US

Dollars

A

FOB Value

B

Insurance

1% of A

C

Freight

5% of A (if goods are from

Asia)

10% of A (if elsewhere)

D

CIF or Dutiable Value

A + B + C

E

Duty (Tariff Code _________,

D x Duty Rate

Duty Rate ________,

F

Other Charges

3% of D

G

Total Landed Cost

D + E + F

H

Value added Tax (VAT)

12% of G

I

Estimated Duties to be Paid

None (if firm is export-

oriented)

1% of D (if domestic-

oriented)

J

Estimated Duties to be Waived

E - I

Note: Use the above format if only one item being applied for; or if varied items but with similar duty rates and freights.

Attachment “C”

Name of Firm: ___________________________________________

This form must be accomplished if the firm already has existing machinery or equipment with the same description, end-use or function as the ones listed in attachment “A”

List of Existing Machinery and Equipment with the Same Description, End Use or Function as the Ones Being Applied for

Quantity

Short

End-

Attainable

Year

Remarks

Description

Use/Function

Capacity

Acquired

(per Day)