Depreciation Schedule for Imported Vehicles

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BOC CUSTOMS ADMINISTRATIVE ORDER NO. 5-2011: Depreciation Schedule for Imported Vehicles

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Title Supreme Court: Depreciation Schedule for Imported Vehicles

Law: Boc Customs Administrative Order No. 5-2011

Decision Date: May 4, 2011

The BOC Customs Administrative Order No. 5-2011 establishes a depreciation schedule for imported motor vehicles, detailing specific rates for no-dollar importations and tax-exempt vehicles owned by diplomatic entities, with a maximum depreciation limit of 50% and guidelines for trucks and heavy equipment.

depreciation

motor vehicles

customs code

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