G/SCM/N/343/PHL/Suppl.1  
10 September  2019 
(19-5836) Page: 1/17 
Committee on Subsidies and Countervailing Measures  Original:  English  
 
  
SUBSIDIES  
NEW AND FULL NOTIFIC ATION PURSUANT TO AR TICLE XVI:1  
OF THE GATT 1994 AND ARTICLE 25 OF THE AGREEMENT ON  
SUBSIDIES AND COUNTERVAILING MEASURES  
PHILIPPINES  
Supplement  
The following communication, dated 20 August 2019, is being circulated at the request of the 
delegation of the Philippines.  
 
_______________  
 
 
In the interest of transparency, please find herewith the Philippines’ new and full notification 
pursuant to Article XVI:1 of the GATT 1994, and Article 25 of the Agreement on Subsidies and 
Countervailing Measures (ASCM) covering the period 2017 to 2018.  
As provided under Article 25.7 of the ASCM, this notification does not prejudge the legal status, 
effects or nature of the notified programs or measures under GATT 1994 and the ASCM.  
  G/SCM/N/343/PHL/Suppl.1  
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  Table of Contents  
1   ALL SECTORS  ................................ ................................ ................................ ...............  3 
1.1   Investment Promotion Program  ................................ ................................ .....................  3 
1.2   Market Competitiveness Program  ................................ ................................ ..................  3 
1.3   Micro, Small and Medium Enterprises  ................................ ................................ .............  5 
2   INDUSTRIAL  ................................ ................................ ................................ ................  7 
Industry Promotion Program  ................................ ................................ ................................  7 
2.1   Overseas Shipping  ................................ ................................ ................................ ....... 7 
2.2   Down stream Oil Industry  ................................ ................................ ..............................  7 
2.3   Mining  ................................ ................................ ................................ ........................  8 
2.4   Renewable Energy  ................................ ................................ ................................ ....... 9 
2.5   Coal ................................ ................................ ................................ .......................... 10 
2.6   Biofuel  ................................ ................................ ................................ ...................... 11 
2.7   Footwear, Leat her Goods and Tannery  ................................ ................................ .......... 12 
2.8   Iron and Steel  ................................ ................................ ................................ ............ 12 
2.9   Motor Vehicle  ................................ ................................ ................................ ............. 13 
2.10   Market Access  ................................ ................................ ................................ .......... 14 
2.11   Jewelry  ................................ ................................ ................................ .................... 14 
3   AGRICULTURAL  ................................ ................................ ................................ .........  15 
3.1   Rural Development  ................................ ................................ ................................ .....15 
3.2   Fisheries Industry Support Programs  ................................ ................................ ............ 16 
3.3   Support to Commercial Fisheries (Section 35 of RA 8550)  ................................ ............... 17 
 
  G/SCM/N/343/PHL/Suppl.1  
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  1  ALL SECTORS  
1.1  Investment Promotion Program  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Encourage investments in activities that will create more jobs and contribute to industry 
development.  
3. Background and authority for the incentives  
a. Executive Order (EO) No. 226 ( Omnibus Investments Code of 1987 ), as amended.  
b. EO No. 70, s. 2012 (succeeded by EO No. 22, s. 2017 and EO No. 57, s. 2018), entitled 
Reducing the Rates of Duty on Capital Equipment, Spare Parts and Accessories Imported by Board 
of Investments (BOI) -Registered New and Expanding Enterprises.  
c. EO No. 22, s. 2017 ( Reducing the Rates of Duty on Capital Equipment, Spare Parts and 
Accessories Imported by Bo ard of Investments (BOI) -Registered New and Expanding Enterprises)  
d. EO No. 57, s. 2018 ( Reducing the Rates of Duty on Capital Equipment, Spare Parts and 
Accessories  Imported by Board of Investments (BOI) -Registered New and Expanding Enterprises)  
4. Form of the  incentives  
Tax concessions.  
5. To whom and how the incentives are provided  
Qualified Board of Investments (BOI) -registered enterprises, which should apply to avail of the 
incentives.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
Ongoing but duty -free importation of capital equipment EO No. 57 s. 2018 is available only until 
06 July 2019.  
8. Statistical data   
Not available.  
1.2  Market Competitiveness Program  
1.2.1   Economic Zones and Industrial Areas  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Transform disadvantaged areas into productive centers of businesses and livelihood.  G/SCM/N/343/PHL/Suppl.1  
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  3. Background and authority for the incentives  
a. Republic Act (RA) No. 7916 ( The Special Economic Zone Act of 1995 ), as amended  
b. RA No. 7922 ( Cagayan Special Economic Zone Act of 1995 ) 
c. RA No, 7903 ( Zamboanga City Special Economic Zone Act of 1995 ) 
d. Presidential Decree (PD) No. 538 ( Creating and Establishing the PHIVIDEC Industrial Authority 
and Making it a Subsidiary Agency of the Philippine Veterans Investment Development Corporation 
Defining its Powers, Functions and Responsibilities, and for Other Purposes ), as amended  
4. Form of the incentives  
Tax concessions.  
5. To whom and how the incentives are provided  
Qualified Philippine Economic Zone Authority (PEZA), Cagayan Economic Zone Authority (CEZA), 
Zamboanga City Special Economic Zone Authority (ZAMBOECOZONE) or PHIVIDEC Industrial 
Authority (PIA) -registered enterprises, which should apply to avail of incentives . 
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
Ongoing.  
8. Statistical data   
Not available.  
1.2.2   Market Access  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Encourage investments in and develop  the export sector.  
3. Background and authority for the incentives  
RA No. 7844 ( Export Development Act of 1994 ). 
4. Form of the incentives  
Tax concessions.  
5. To whom and how the incentives are provided  
Eligible exporters.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
Incentives provision lapsed on 31 December 1999.  G/SCM/N/343/PHL/Suppl.1  
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  8. Statistical data   
Not available.  
1.3  Micro, Small and Medium Enterprises  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Promo te entrepreneurship by strengthening development and assistance programs to Micro, Small 
and Medium Enterprises (MSMEs).  
3. Background and authority for the incentives  
a. RA No. 6977 ( Magna Carta for Small Enterprises ), as amended by RA No. 8289 and further 
amended by RA No. 9501  
b. RA No. 8289 ( Magna Carta for Small Enterprises ) 
c. RA No. 9501 [ Magna Carta for Micro, Small and Medium Enterprises (MSMEs) ] 
4. Form of the incentives  
Enterprise credits.  
5. To whom and how the incentives are provided  
Eligible MSMEs,  which should apply with relevant authorities.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
Lapsed in June 2018.  
8. Statistical data  
Not available.  
1.3.1   Barangay Micro Business Enterprises (BMBEs) Act of 2002  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Encourage the formation and growth of barangay (village) micro business enterprises through 
incentives and benefits.  
3. Background and authority for the incentives  
RA No. 9178 (An Act to Promote the Establishment of Barangay Micro Business Enterprises (BMBEs), 
Providing Incentives  G/SCM/N/343/PHL/Suppl.1  
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  4. Form of the incentives  
a. Income tax exemption from income arising from the operations of the enterprise;  
b. Exemption from the coverage of the minimum wage law (BMBE employees will, however, still 
receive the usual social security and health care benefits);  
c. Priority to a special window set up specifically for the financing requirements of BMBEs; and  
d. Technology transfer, production and management training, and marketing  assistance 
programs for BMBE beneficiaries.  
5. To whom and how the incentives are provided  
Any business entity or enterprise engaged in the production, processing or manufacturing of 
products or commodities, including agro -processing, trading and services, w hose total assets 
including those arising from loans but exclusive of the land on which the particular business entity’s 
office, plant and equipment are situated, shall not be more than Three Million Pesos 
(PhP 3,000,000.00) . 
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
Ongoing.  
8. Statistical data  
80,487 BMBEs Registered from 2002 to May 2019.  
1.3.2   Shared Service Facilities (SSF)  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Improve the competitiveness of MSMEs by providing them with machinery, equipment, tools, 
systems, skills and knowledge under a shared system.  
3. Background and authority for the incentives  
MSME Development Plan 2017 -2022.  
4. Form of the incentives  
Provision of machine, tools, and equipment under a shared system.  
5. To whom and how the incentives are provided  
Beneficiaries of the project are the actual and potential users of the SSF which are predominantly 
cooperatives, associations or groups of MSMEs inclu ding individual entrepreneurs who may not be 
members of cooperatives, associations, corporations or organizations.  
6. Amount of the incentives  
Not available.  G/SCM/N/343/PHL/Suppl.1  
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  7. Duration of the incentives and/or anytime attached to them  
Ongoing.  
8. Statistical data  
Since 2013, the re has been a total of 2,448 SSFs established benefitting 301,936 MSMEs with a total 
project cost of Php 1.46B generating 169,085 jobs.  
2  INDUSTRIAL  
Industry Promotion Program  
2.1  Overseas Shipping  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Promote the development and expansion of Philippine overseas shipping.  
3. Background and authority for the program  
RA No. 7471 ( Philippine Overseas Shipping Development Act ), as amended.  
4. Form of the incentives  
Tax concessions.  
5. To whom and how the in centives are provided  
Philippine shipping enterprises and their local suppliers of machinery, equipment, materials and 
spare parts.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
Incentives provision laps ed in July 2014.  
8. Statistical data  
Not available.  
2.2  Downstream Oil Industry  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
a. To liberalize and deregulate the downstream oil industry in order to ensure a truly competitive 
market under a regime of  fair prices, adequate and continuous supply of environmentally -
clean and high -quality petroleum products; and  G/SCM/N/343/PHL/Suppl.1  
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  b. To promote and encourage the entry of new participants in the downstream oil industry, and 
introduce adequate measures to ensure the attainment of these goals.  
3. Background and authority for the program  
RA No. 8479 ( Downstream Oil Industry Deregulation Act o f 1998 ). 
4. Form of the incentives  
a. Income tax holiday ; 
b. Additional deduction for labor expenses;  
c. Minimum tax and duty of three percent (3%) and value -added tax (VAT) on imported capital 
equipment;  
d. Tax credit on domestic capital equipment;  
e. Exemption from contra ctor’s tax;  
f. Unrestricted use of consigned equipment;  
g. Exemption from the real property tax on production equipment or machineries;  
h. Exemption from taxes and duties on imported spare parts; and  
i. Such other applicable incentives under Article 39 of Executive Or der No. 226.  
5. To whom and how the incentives are provided  
a. RA No. 8479 registered projects and/or accredited producers and distributors in the 
downstream oil industry; and  
b. Qualified BOI -registered enterprises, which should apply to avail of the incentives.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
In effect and ongoing.  
8. Statistical data  
Not available.  
2.3  Mining  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Promote investments in rational exploration, development, utilization and conservation of all mineral 
resources.  
3. Background and authority for the program  
a. RA No. 7942 ( Philippine Mining Act of 1995 ) 
b. EO No. 79, s. 2012 ( Institutionalizing and Implementing Reforms in the Philippine  Mining  
Sector, Providing  Policies and Guidelines to Ensure Environmental Protection and Responsible 
Mining in the Utilization of Mineral Resources ) 
4. Form of the incentives  
Tax concessions.  G/SCM/N/343/PHL/Suppl.1  
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  5. To whom and how the incentives are provided  
Qualified BOI-registered enterprises with valid mineral agreements.  
6. Amount of the incentive  
Not available.  
7. Duration of the incentive and/or anytime attached to it  
Put on hold since 2012 in view of the issuance of EO No. 79, s. 2012 ( Institutionalizing and 
Implementi ng Reforms in the Philippine Mining Sector, Providing Policies and Guidelines to Ensure 
Environmental Protection and Responsible Mining in the Utilization of Mineral Resources ) 
8. Statistical data  
Not available.  
2.4  Renewable Energy  
1. Period covered by the notifica tion 
2017-2018.  
2. Policy objective  
a. Accelerate the exploration, development and use of renewable energy resources for power 
generation;  
b. Achieve energy self -reliance;  
c. To reduce the country’s dependence on fossil fuels;  
d. Minimize the country’s exposure to price fluctuations;  
e. Adoption of clean energy to mitigate climate change;  
f. Promote socio -economic development in rural areas; and  
g. Increase the utilization of Renewable Energy by providing fiscal and non -fiscal incentives.  
3. Background and authority for the program  
RA No. 9513 ( Renewable Energy Act of 2008 ). 
4. Form of the incentives  
• Fiscal Incentives  
• Income Tax Holiday and Low -Income Tax Rate;  
• Reduced Government Share;  
• Duty-free Importation of Equipment and VAT -Zero Rating;  
• Tax Credit on Domestic Capital Equipment;  
• Special Realty Tax Rate on Equipment and Machinery;  
• Cash Incentive for Missionary Electrification;  
• Exemption from Universal Charge;  
• Payment of Transmission Charges; and  
• Tax Exemption on Carbon Credits.  
• Non-Fiscal Incentives  
• Mandatory Utilization of RE Resourc es; 
• Renewable Portfolio Standard (RPS) both on -Grid and Off -Grid; 
• Feed-In Tariff (FIT) System;  
• Provision of Interconnection/Ancillary Services;  
• Net-Metering Program; and  
• Green Energy Option Program.  G/SCM/N/343/PHL/Suppl.1  
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  5. To whom and how the incentives are provided  
a. RA No. 9513 registered RE projects and equipment manufacturers/suppliers; and  
b. Qualified BOI -registered enterprises, which should apply to avail of the incentives.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
In effect and ongoing.  
8. Statistical data  
Not available.  
2.5  Coal 
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
To immediately accelerate the exploration, development, exploitation production and utilization of 
the country's coal resources.  
3. Backg round and authority for the program  
a. Presidential Decree (PD) No. 972 ( The Coal Development Act of 1976 ), as amended by 
PD No. 1174.  
b. PD No. 1174 ( Amending the Coal Development Act of 1976 ) 
4. Form of the incentives  
a. Incentives to Operators  
• Exemptions from all taxes except income tax;  
• Exemption from payment of tariff duties and compensating tax on importation of 
machinery and equipment and spare parts and materials required for the coal 
operations subject to following conditions;  
• Accelerated Depreciation;  
• Foreign Loans and Contracts;  
• Preference in Grant of Government Loans;  
• Entry upon the sole approval of the Energy Development Board which shall not be 
unreasonably withheld of alien technical and specialized personnel (including the 
immediate members of their  families) who may exercise their profession only for the 
operation of the operator as prescribed in its coal operating contract with the 
government under this Decree subject to following conditions; and  
• Cost Recovery.  
b. Incentives to Coal Users  
• Tax Exemptio n on Imported Capital Equipment;  
• Tax Credit on Domestic Capital Equipment;  
• Net operating Loss Carryover;  
• Capital Gains Tax Exemption;  
• Accelerated Depreciation;  
• Foreign Loans and Contracts; and  
• Preference in Grant of Government Loans.  G/SCM/N/343/PHL/Suppl.1  
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  5. To whom and how the incentives are provided  
a. PD No. 972 registered projects and/or accredited operator with coal operating 
contracts/trade/user; and  
b. Qualified BOI -registered enterprises, which should apply to avail of incentives.  
6. Amount of the incentives  
Not available.  
7. Duratio n of the incentives and/or anytime attached to them  
In effect  and ongoing.  
8. Statistical data  
Not available.  
2.6  Biofuel  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
a. Develop and utilize indigenous renewable and sustainably -sourced clean energy sources to 
reduce dependence on imported oil;  
b. Mitigate toxic and greenhouse gas (GHG) emissions;  
c. Increase rural employment and income; and  
d. Ensure the availability of alternative and renewable clean energy without any detrim ent to the 
natural ecosystem, biodiversity and food reserves of the country.  
3. Background and authority for the program  
RA No. 9367 ( Biofuels Act of 2006 ). 
4. Form of the incentives  
a. Specific Tax;  
b. Value Added Tax;  
c. Water Effluents; and  
d. Financial Assistance.  
5. To wh om and how the incentives are provided  
a. RA No. 9367 registered biofuels projects and/or accredited producers and distributors of 
biofuels; and  
b. Qualified BOI -registered enterprises, which should apply to avail of incentives.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
In effect and ongoing.  G/SCM/N/343/PHL/Suppl.1  
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  8. Statistical data  
Not available . 
2.7  Footwear, Leather Goods and Tannery  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Support, promote and encourage the growth and development of the SMEs belonging to the 
footwear, leather goods and tannery industries.  
3. Background and authority for the program  
RA No. 9290, s. 2004 ( Footwear, Leather Goods and Tannery Industries Development Act ). 
4. Form of th e incentive  
Tax concession . 
5. To whom and how the incentive is provided  
BOI-accredited  enterprises engaged in the footwear, leather goods and tannery.  
6. Amount of the incentive  
Not available.  
7. Duration of the incentive and/or anytime attached to it  
Incentives  provision lapsed on 15 April 2014.  
8. Statistical data  
Not available.  
2.8  Iron and Steel  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Promote  industrialization through the immediate establishment of an integrated iron and steel 
indust ry. 
3. Background and authority for the program  
RA No. 7103, s. 1991 ( Iron and Steel Industry Act ). 
4. Form of the incentives  
Tax concessions.  G/SCM/N/343/PHL/Suppl.1  
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  5. To whom and how the incentives are provided  
BOI-registered  enterprises engaged in the production and refinement of prim ary or intermediate 
steel products.  
6. Amount of the incentives  
Not available . 
7. Duration of the incentives and/or anytime attached to them  
Incentives  provision lapsed on 08 August 2006.  
8. Statistical data  
Not available . 
2.9  Motor Vehicle  
2.9.1   Manufacture and Assembly  
1. Period covered by the notification  
2017-2018. 
2. Policy objective  
Accelerate  the sound development of the motor vehicle industry in the Philippines.  
3. Background and authority for the program  
a. EO No. 156 ( Providing for a Comprehensive Industrial Policy and Directions for the Motor 
Vehicle Development Program and its Implementing Guidelines ), s. 2002 (now EO No. 877 -A 
although not being fully implemented).  
b. EO No. 877 -A (The Comprehensive Motor Vehicle Development Program ) 
4. Form of the incentive  
Tax concess ions on the importation of completely knocked -down (CKD) parts and components.  
5. To whom and how the incentive is provided  
BOI-registered  enterprises engaged in the manufacture/assembly of motor vehicles.  
6. Amount of the incentive  
Not available . 
7. Duration of th e incentive and/or anytime attached to it  
Ongoing . 
8. Statistical data  
Not available . G/SCM/N/343/PHL/Suppl.1  
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  2.10  Market Access  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Support, strengthen and encourage the growth and development of the motor vehicle industry.  
3. Background and authority for the incentives  
a. EO No. 244, s. 2003 (later modified by EO No. 312, s. 2004) Automotive Export Program.  
b. EO No. 312, s. 2004 ( Amending Modifying The Rates of Duty on Motor Vehicles, as Provided 
for Under the Tariff and C ustoms Code of 1978, in Order to Implement Preferential Rates 
Thereon Under the Automotive Export Program ) 
4. Form of the incentives  
Tax concessions . 
5. To whom and how the incentives are provided  
BOI-registered  enterprises engaged in the assembly of motor vehic les. 
6. Amount of the incentives  
Not available . 
7. Duration of the incentives and/or anytime attached to them  
Law expired  on 31 December 2009.  
8. Statistical data   
Not available . 
2.11  Jewelry  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
Encourage  the development of the jewelry industry.  
3. Background and authority for the program  
RA No. 8502 ( Jewelry Industry Development Act of 1998 ). 
4. Form of the incentives  
Tax concessions . 
5. To whom and how the incentives are provided  
Qualified  BOI-accredited  jewelry enterprises, which should apply with relevant authorities.  G/SCM/N/343/PHL/Suppl.1  
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  6. Amount of the incentives  
Not available . 
7. Duration of the incentives and/or anytime attached to them  
Ongoing . 
8. Statistical data  
Not available . 
3  AGRICULTURAL  
3.1  Rural Development  
1. Period covered by  the notification  
2017-2018.  
2. Policy objective  
Assist disadvantaged  areas and sectors of the economy through rural development.  
3. Background and authority for the program  
a. PD No. 717, s. 1975 ( The Agri -Agra Law ) 
b. EO No. 83, s. 1998 ( National Development Company (NDC) Agri -Agra Economic Recovery 
through Agricultural Productivity (ERAP) Bonds for Rural Development ) 
c. RA No. 10000 ( The Agri -Agra Reform Credit Act of 2010 ) 
d. RA No. 8435 ( Agriculture and Fisheries Modernization Act of 1997 ), as amended  
e. RA No. 8550 ( The Philippine Fisheries Code of the Philippines of 1998)  
f. EO No. 133, s.1999 ( Modifying the Rates of Import Duty on Certain Imported Articles under 
Section  104 of the Tariff and Customs Code of 1978 (Presidential Decree No. 1464) as 
Amended i n order to Implement Section 109 of Republic Act 8435, otherwise known as the 
"Agriculture And Fisheries Modernization Act of 1997 ) 
g. EO No. 376, s. 2004 ( Modifying the Rates of Import Duty on Certain Imported Articles under 
Section 104 of the Tariff and Cus toms Code of 1978 as amended, in order to Implement 
Section 1 of Republic Act 9281, Reinstating the Effectivity of Tax Incentives under Section 109 
of Republic Act 8435 Otherwise Known as the Agriculture and Fisheries Modernization Act of 
1997)  
4. Form of the  incentives  
Agricultural credits  and tax concessions.  
5. To whom and how the incentives are provided  
a. Agrarian Reform Beneficiaries (ARBs) which includes tillers, tenant -farmers, settlers, 
agricultural lessees, amortizing owners, owner -cultivators, farmer coop eratives and compact 
farms; fisherfolk and farmers other than the ARBs, fishworkers and fisherfolk's cooperatives  
b. Qualified Department of Agriculture (DA) -certified enterprises engaged in agriculture and 
fisheries  
6. Amount of the incentives  
Not available . G/SCM/N/343/PHL/Suppl.1  
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  7. Duration of the incentives and/or anytime attached to them  
Ongoing for agricultural credits but duty -free importation of capital equipment and supplies under 
Executive Orders 133 and 376 expired in 2003 and 2015, respectively.  
8. Statistical data  
Not availabl e. 
3.2  Fisheries Industry Support Programs  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
To encourage commercial fishing vessel operators to fish farther in the Exclusive Economic Zone and 
beyond.  
3. Background and authority for the program  
a. Section 104 of the Tariff and Customs  Code  
b. RA 8550 ( The Philippine Fisheries Code of 1998 ) as amended by RA 10654 ( The Philippine 
Fisheries Code of 1998 ) 
c. RA 8435 ( Agriculture and Fisheries Modernization Act of 1997 ) 
Support to Commercial Fisheries (Section 35 of RA 8550)  
Incentives for the improvement of fishing vessels and acquisition of fishing equipment which include: 
a limited period of tax and duty exemptions on the importation of fishing vessels as provided in 
Section 35, paragraph b ; and duty and tax rebates on fuel  consumption for commercial fishing 
operators of Philippine registry in the high seas as provided in Section 35, paragraph c  were not 
implemented by the Department of Agriculture since funds were not appropriated to the Department 
for the afore -mentioned p urpose.  
Exemption from payment of tariff and duties for importation of all types of agriculture and fisheries 
inputs, equipment and machinery of all enterprises duly certified by the Department of Agriculture 
as provided in Executive Order 376  dated Octobe r 22, 2004 were granted in 2005 to 2015 through 
the Department of Finance (DOF) and the Board of Investment (BOI).  
4. Form of the incentives  
Tax and duty exemption.  
5. To whom and how the incentives are provided  
Commercial fishing operators, agriculture and fish eries enterprises.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
2005-2015.  
8. Statistical Data  
Not available.  G/SCM/N/343/PHL/Suppl.1  
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  3.3  Support to Commercial Fisheries (Section 35 of RA 8550)  
1. Period covered by the notification  
2017-2018.  
2. Policy objective  
To encourage commercial fishing vessel operators to fish farther in the Exclusive Economic Zone and 
beyond.  
3. Background and authority for the program  
a. Section 104 of the Tariff and Customs Code  
b. RA No. 8550 (amended by  RA No. 10654 and RA No. 8435), entitled The Philippine Fisheries 
Code of 1998  
c. RA No. 10654 ( The Philippine Fisheries Code of 1998 ) 
d. RA No, 8435 ( Agriculture and Fisheries Modernization Act of 1997 ) 
4. Form of the incentives  
Tax and duty exemption.  
5. To whom and how the incentives are provided  
Commercial fishing operators, agriculture and fisheries enterprises.  
6. Amount of the incentives  
Not available.  
7. Duration of the incentives and/or anytime attached to them  
2005-2015.  
8. Statistical Data  
Not available.  
_________ _