GTEB CIRCULAR NO. 002, S. OF 2000 MODIFICATION IN THE REGULAR EA ALLOCATION SYSTEM January 14, 2000
[ GTEB CIRCULAR NO. 002, S. OF 2000, January 14, 2000 ]
MODIFICATION IN THE REGULAR EA ALLOCATION SYSTEM
1. Redefinition of Big and Small Firm:
• Big Firm — Firm with FOB Exports of at least $2M
• Small Firm — Firm with FOB Exports below $2M
2. Simplification of Procedures:
• Separation of the distribution of allocable balance to 60% basket for big firms, and 40% for small firms instead of splitting the sum of the allocable balance into 60%/40% basket after each round of allocation, and
• Transfer of remaining balance, if any, to the other basket which has not been satisfied.
3. Creation of Children's Basket
• Distribution of allocable balance to T and NT Baskets as follows:
Category | T | NT |
|
|
|
338/9 | 30% | 70% |
347/8 | 30% | 70% |
638/9 | 50% | 50% |
647/8 | 50% | 50% |
3/651 | 30% | 70% |
3/642 | 30% | 70% |
345 | 30% | 70% |
634 | 30% | 70% |
3/640 | 30% | 70% |
445/6 | 30% | 70% |
3/641 | 30% | 70% |
336 | 50% | 50% |
635 | 30% | 70% |
7/8A | 30% | 70% |
4. Reduction of the 20% cap on Small Baskets to 10%
5. Extension of the validity of awards
• Awards under Critical and Semi-Critical categories may be extended only once for a period of three-months.
6. Allocation Based on Shipment date for Non-Critical Categories:
• Pro-rata allocation for the similar declared shipment dates in cases where the remaining allocable balance is not sufficient to cover the said application.
7. Assessment Fees:
• Assessment fees shall be as follows:
— Critical Categories, except 3/631 and 361:
| T | NT |
|
|
|
REA | P20/doz | P30/doz. |
CEA | P30/doz | P50/doz. |
This takes effect fifteen (15) days from date of publication.
Adopted: 14 Jan. 2000
(SGD.) FELICITAS R. AGONCILLO-REYES
Executive Director