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About Flexible Clause Refer To The Power of The President Upon Recommendation of
The document summarizes key aspects of customs and taxation law in the Philippines: 1. It outlines the President's flexible tariff powers under the constitution to increase, decrease, or remove import tariffs as long as they do not exceed 100% ad valorem. 2. It defines smuggling and technical smuggling, noting that importing goods by fraudulent means to avoid taxes constitutes technical smuggling. 3. It discusses importation and when it begins and ends, as well as transaction value and methods for assessing duties. 4. It lists special customs duties including marking duty, dumping duty, safeguard duty, and countervailing duty.
Detailed Information
| Author: | ['jharik23'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 11 |
| Language: | English |
| Format: | |
| Price: | FREE |
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