Question & AnswerQ&A (LTO MEMORANDUM CIRCULAR NO. RTL-MC-03457)
It covers all motor vehicles imported by accredited investors or registered enterprises in the CEZA free port/special economic zone under the tax exempt category, which shall be registered as Other Exempt Vehicles (OEV) and issued OEV plates only at the LTO CEZA Extension Office.
The original documents required include: Certificate of Registration from Country of Origin (for used vehicles) or Commercial Invoice (for new vehicles), Bill of Lading, PNP-TMG Clearance, TPL Insurance Certificate of Cover, Primary Document from Registration Section, MV Inspection Report, CEZA Import Permit, BOC Certificate of Payment or Clearance, BOC Informal Entry, and BOC Official Receipt of Fees.
They shall be registered only at the LTO CEZA Extension Office under the classification of Other Exempt Vehicles (OEV).
The vehicle shall be marked on both sides of the front doors with the wording "Tax Exempt Vehicle Per R.A. 7922 for Exclusive Use of (Name of Person/Entity)."
The registered owner must secure a written permit from CEZA/LTO specifying the period, place of travel, names of drivers and passengers, and cargo invoices/receipts if any. Without or with an expired permit, or if driven by unauthorized persons, the vehicle is subject to apprehension and impoundment.
The vehicle may be apprehended and impounded and can only be released upon full payment of customs duties and taxes or upon specific written order by authorized CEZA officials.
Yes, all such vehicles are subject to mandatory physical and mechanical inspection to ensure compliance with safety and identification criteria.
Regular or authorized registration fees and other charges shall be imposed for the registration of these motor vehicles.
CEZA must submit a list of accredited persons or entities who continue to enjoy the privilege and have not been suspended or revoked for the Registration Section’s prior approval for renewal.
The Primary Document, issued by LTO Registration Section, replaces the Certificate of Confirmation upon submission of CEZA Import Permit, BOC Certificates, Informal Entry, and Official Receipt of BOC Fees.
Yes, a monthly report of motor vehicles registered under this category must be submitted to the Registration Section, Operations Division, Central Office along with machine copies of supporting documents and the MVRR issued.
They are deemed amended and superseded insofar as tax exempt vehicles covered by this Circular are concerned.
It took effect immediately upon adoption on June 6, 2003.