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.)

  1. Applicant Makes the Following Representation and Commitments:
  1. 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;
  1. That the items applied for are not manufactured domestically in reasonable quantity, quality or prices;
  2. 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)