Guidelines
for the No-Dollar Importation of Second-Hand Motor Vehicles of
Returning Resident/Immigrants
5.1.1 If an individual avails of paragraph 5.1 or 5.2 or 5.3 of
these Guidelines, he/she can no longer avail of this privilege
within the effectivity of these guidelines.
5.1.2 In cases where the individual has already availed of the
privilege to import a motor vehicle under previous Guidelines,
he/she is no longer qualified under these Guidelines
5.2 Only one (1) vehicle shall be allowed per family. If a family
is composed of the husband, the wife, and their unemancipate minor
children, the family shall be allowed to import only one (1) motor
vehicle within the effectivity of these Guidelines.
5.3 Motor Vehicle subject to Seizure and Penalties
5.3.1
Any motor vehicle imported in violation of these Guidelines, such
as but not limited to those exceeding the limits set forth under
B.P. 73, shipped without prior authority, and/or lack of registration
requirements shall be subject to penalties provided under pertinent
provisions of the Tariff and Customs Code including seizure proceeding.
Further the penalty/ penalties imposed shall be without prejudice
to other administrative and/ or criminal sunctions that may be
imposed pursuant to E.O. 193 and the Revised Penal Code.
5.4 The Bureau of Import Services, DTI shall solicit the assistance
of the other government and effective implementation of these
Guidelines. If warranted, an Inter-Agency Committee may be created
for this purpose.
6.0 Effectivity. These Guidelines shall take effect after fifteen
(15) days from date of publication in a newspaper of general circulation
and shall be effective for a period of one (1) year, subject to
a review thereafter, of the herein provisions. The application
for authority to import under these Guidelines shall be filed
not later than the expiry date of these Guidelines.
For the Board of Investments:
JOSE S. CONCEPCION, JR.
Chairman
Pursuant to E.O. 248 on the Vehicle Development Programs, Series
of 1987, and upon recommendation of the Board of Investments,
the following Guidelines, subject to the approval of the Presidents,
are hereby prescribed and promulgated:
Statement of Policy and Objectives
It is the objective of government to establish a viable motor
vehicle industry by providing a business environment that will
encourage its growth. For this purpose, it is the policy of government
to regulate the importation of second-hand motor vehicles without
depriving returning residents and other qualified individuals
to bring motor vehicles in the country for personal use under
certain conditions.
Wherefore, these Guidelines are formulated to enable returning
residents/ immigrants to avail of the privilege of no-dollar importation
of motor vehicle for a limited period of one (1) year, subject
to a review of this policy thereafter.
1.0 Qualification of Importers
The following individuals are qualified to import motor vehicles
under this scheme:
1.1
Returning residents who have resided abroad for at least
(1) year and who arrive in
the Philippines within in the
effectivity of these Guidelines.
1.2
Immigrants to the Philippines who arrive in the Philippines within
the effectivity of these Giudelines.
1.3 Any
executive of regional offices and any other individual authorized
by special provisions of laws, treaties and international
agreements (e.g., ADB, Foreign Service
officers, UN Organizations,
etc.), taking into account the
superiority of their rights
under such laws and agreements
applicable to their case.
2.0 Allowance
Motor Vehicles
2.1
Only the following motor vehicles shall be authorized for importation:
2.1.1 Left-hand
drive passenger cars
2.1.2 Left-hand
drive commercial vehicles
2.1.3
Motor vehicles should have been registered under
the name
of the qualified individuals in the country of
residence
for at least six (6) months before the
submission of
the application.
3.0 Importation
Procedures
3.1 Foreign
exchange from the foreign exchange reserves of the country
shall not be utilized in the importation of motor
vehicles under this scheme.
3.2
Prior authority from the DTI is required before shipment
of
the motor vehicle, in
order to prevent inconvenience of
applicants in the importation of
the same. Application to
import should be submitted
or mailed to the Bureau of
Import Services, DTI, with the
following documents
duly notarized by a notary
public and authenticated by
the nearest Philippine Consular
office abroad:
3.2.1
Copy of the existing vehicle registration accompanied by stencils
of the vehicle I.D. number, the chasis and engine numbers.
In case the registration is in a language other than English
translation shall be submitted.
3.3 The authority issued for this purpose shall be valid for a
period of 180 days from date
of issue and shall indicate
the taxes and duties
payable on the motor vehicle for
importation as estimated by the
Bureau of Customs which
shall be final without prejudice
to foreign exchange
flunctuations and/or legistative
change(s) in the schedule
of taxes and duties. In the assessment
of taxes and
duties the value shall be based
on the brand new value
of the vehicle taken from
the U.S. Blue Book, Japan Red
Book, or the World Car Year
Book, depending upon the
country of origin and the
model of the vehicle, less
applicable depreciation of ten
percent (10%) as
per Customs Memorandum Order
No. 10-89.
3.4
Upon the arrival of the motor vehicle, clearance for the
release thereof shall be issued
by the DTI upon the
submission of the following original
documents:
a)
Passport
b) Valid DTI Authority to
Import
c) Bill of Lading
d) Official Receipt of the
Taxes and Duties paid thereof.
4.0 Taxes
and Registration
4.1 Taxes
and duties under existing laws shall be paid in
full.
Tax credits, duty drawback
certificates and similar
instruments shall not be authorized
for acceptance as
payments of the taxes and duties
livied on the motor
vehicle.
4.2
The motor vehicle shall be registered at the Central Office of
the Land Transportation Office
(LTO) at East Avenue,
Quezon City, and, such other
LTO agency office and may
be designated by the DTI Inter-Agency
Committee. No right-
hand motor vehicle imported
under these Guidelines shall be
registered by the LTO unless each
shall have been
converted to a left-hand drive
motor vehicle. Where the
motor vehicle is donated, registration
shall be in the name
of the donee.
5.0 Other
Provisions
5.1
Any individual qualified under these Guidelines shall be
granted authority to import a vehicle
only once.
