RR No. 08-2003: Defers the implementation of the amendatory provisions introduced by RR No. 4-2003 until March 31,2003, except for the compliance requirements provided in the transitory provisions of the RR

Key points

1. Deferred implementation. The amendments introduced by RR No. 4-2003 take effect on March 31, 2003. The compliance requirements in its transitory provisions are not deferred.
2. Automobiles covered. The Regulations apply to all completely assembled or imported automobiles that, as of February 15, 2003, are still in Bureau of Customs custody with import entries already filed. They also apply to those in the place of production, assembly plant or warehouse.

Who is affected

• Manufacturers, assemblers and importers of automobiles

Deadlines and effectivity

• Implementation of RR No. 4-2003 amendments deferred until March 31, 2003
• Coverage determined as of February 15, 2003