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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:
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Representative:
Tel No.
BOI Registration No.
Date Registered:
Registered Activity:
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Reg’d Annual Capacity:
No. of Days of Operation per Year:
Plant Location:
Type of Registration:
[ ] New [ ] Expansion
[ ] Modernization/Rehabilitation
[ ] Export-Oriented
[ ] Domestic-Oriented
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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. _____
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Series of ______
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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
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imported
US
1/
Origin
per Day
Dollar
2/
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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
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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
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FOB)
Asia
Value
Taxes
Paid
waived
10%-
others
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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)
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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-
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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.
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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)
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