ftc

Cards (18)

  • Tariff Commission (TC)

    • Performs quasi-judicial functions
    • Is the principal authority on tariffs and trade remedy measures
    • Investigates and recommends/decides on petitions for tariff modification and tariff classification
    • Is an independent adjudicatory body on trade remedy cases
    • Is an attached agency of the National Economic and Development Authority
  • Republic Act no. 911 was created

    1953
  • Tariff Commission

    • Headed by a Collegial body consisting of a Chairperson and two Commissioners
    • Under the supervision of the Office of the President
  • Chief officials of the Tariff Commission
    • Chairperson and 2 Commissioners appointed by the President of the Philippines
    • During their terms of office, the Chairperson and the Commissioners shall NOT engage in the practice of any profession, or intervene directly or indirectly in the management or control of any private enterprise which may, in anyway be affected by functions of their office
  • Qualification of Chairperson and Commissioners
    • Be natural-born citizens of the Philippines
    • Of good moral character and proven integrity
    • Has experience and academic training possess the necessary qualifications requisite for developing expert knowledge of tariff and trade related matters
  • Appointment and Compensation of Officials and Employees
    All employees of the Commission shall be appointed by the chairperson in accordance with the Civil Service Law except as the private secretaries to the offices of the Chairperson, Commissioners and Executive Director
  • Official Seal
    • The Tariff Customs logo is composed of four (4) figures bordered by a RED line with 6 circles or dots
    • The 6 circles in the middle symbolize the industry groupings
    • The uppermost picture-the circular designs with spokes-is symbolic of a wheel which depicts movement (progress), delivery or conveyance
    • The wheel of progress is depicted as winged symbolizing not only how fast progress can be achieved with such decisive partnership but also how expeditions the Commission performs its core functions
    • TC's sphere of activities reaches out to both the agricultural sector (depicted by the bundled rice stalks on the left) and the trade Industry sector (represented by the picture of a factory with smokestack on the right)
    • The bottom figure is a dragon which is used to depict the hopes and aspirations of the nation for continued economic growth with social equity spurred by the successful implementation of meaningful tariff and trade reforms
  • Functions of the Tariff Commission
    • Adjudicate cases on the application of trade remedies against imports pursuant to Sections 711, 712 and 713
    • Study the impact of tariff policies and programs on national competitiveness and consumer welfare in line with the economic objectives of the government
    • Administer the Philippine tariff schedules and tariff nomenclatures
    • Issue advance rulings on tariff classification of imported goods and render rulings on disputes over tariff classification of goods pursuant to Section 1100 of this Act, except in cases involving goods on which the Commission has provided advance ruling on tariff classification
    • Provide the President and Congress with independent analysis, information and technical support on matters related to tariff and nontariff measures affecting Philippine industries and exports for policy guidance
    • Analyze the nature and composition, and the classification of goods according to tariff commodity classification and heading number for customs and other related purposes, which information shall be furnished the NEDA DTI, DA, DOF, DENR, and BSP
    • Review the trade agreements for negotiation and trade agreements entered into by the Philippines and make recommendations, if necessary, on the consistency of the terms of the agreements with the national policy objectives
    • Conduct public consultations and public hearings pursuant to its functions
    • Deputize or delegate, to appropriate government agency its function of rendering rulings on disputes over tariff classification of goods, until the plantilla positions necessary for undertaking such function have been approved and filled-up; Provided, That such delegation of function shall not extend beyond three (3) years from the effectivity of this Act
  • Adjudicate (To Judge or to Decide) cases
    Cases involving sections 711 (Dumping Duty), 712 (Safeguard Duty) and 713 (Countervailing Duty)
  • Study the Impact of Tariff Policies And Programs
    On national competitiveness and consumer welfare in line with the economic objectives of the government
  • Tariff Schedule
    Printed schedule of duties or taxes levied on goods as they enter a country. It divides all goods into major and sub-groups for their correct and easy identification for charging customs duty, and recording the trade data for statistical purposes
  • Harmonized Tariff Schedule (HS)

    Association of Southeast Asian Nations Harmonized Tariff Nomenclature (or AHTN)
  • Issue Advance Rulings on Tariff Classification
    To Issue Advance Rulings on Tariff Classification of Imported Goods and Render Rulings on Disputes over Tariff Classification of Goods Pursuant to sec 1100 of this Act, Except in Cases Involving Goods on Which the Commission has Provided Advance Ruling on Tariff Classifications
  • Other Functions of the Tariff Commission

    • Provide the President and Congress with Independent Analysis, Information and Technical Support on Matters Related to Tariff and Nontariff Measures Affection Philippine Industries and Exports for Policy Guidance
    • Analyze the Nature and Composition, and the Classification of Goods According to Tariff Commodity Classification and Heading Number for Customs and other related purposes, which Information Shall be Furnished the NEDA, DTI, DA, DOF, DENR, and BSP
    • Review the Trade Agreements for Negotiation and Trade Agreements Entered Into by the Philippines and Make Recommendations, if Necessary, on the Consistency of the Terms of the Agreements with the National Policy Objectives
    • Conduct Public Consultations and Public Hearings Pursuant to its Functions
    • Deputize or Delegate, to appropriate Government Agency its Functions of Rendering Rulings on Disputes Over Tariff Classification of Goods, Until the Plantilla Positions Necessary for Undertaking such Function Have Been Approved and Filled-up: Provided, That such Delegation of Function Shall not Extend Beyond three(3) Years From The Effectivity of this Act
  • Reports of the Commission
    The commission shall place at the disposal of the President and any Member of the Congress of the Philippines all information at its command. It shall conduct such investigation and submit reports as may be required by the President and the Congress on the first Monday of December of each year and hereafter, a statement of methods adopted and a summary of all reports made during the year
  • Access to documents and assistance to the Commission
    The commission or it's duly authorize representative shall have access to any document or paper pertinent to the subject matter under investigation disregard of the position of it's holder
  • Sworn and Verified Statements
    • The Commission may order the taking of sworn statements at any stage of any proceeding or investigation before it. The sworn statements must be made before a person duly authorized to administer oaths
    • The Commission is authorized to require any importer, grower, producer, manufacturer or seller to file with the Commission a statement, under oath, giving the selling prices in the Philippines of goods imported, grown, grown, produced, fabricated or manufactured by such person
  • Implementing Rules and Regulations
    The Commission shall promulgate and adopt such rules and regulations as may be necessary to carry out the provisions of this Act