Question & AnswerQ&A (LTO MEMORANDUM)
The LTO Memorandum dated June 3, 2005 provides the guidelines on stocks and sales reporting effective June 6, 2005.
The Registration Section, Central Office (CO-Registration Section) of the LTO shall handle all stocks reporting starting June 6, 2005.
All members of CAMPI, TMA, and MDPPA, LTO accredited importers of other motor vehicles and components whose port of entry is in Manila, and other MAIDs clients accredited by LTO NCR and LTO Central Office are covered under the stocks reporting system.
The processing of special reporting shall be done at the National Capital Region according to the memorandum.
All sales reporting of stocks submitted to the CO-Registration Section shall be done at the National Capital Region.
The expected processing time for the Certificate of Stock Reports (CSR) is two days.
The expected processing time for sales reports is two days.
The LTO Memorandum dated June 3, 2005 was signed by Bella G. Bermundo, Officer-in-charge.
The purpose is to facilitate the processing of stocks and sales reports for all relevant LTO accredited members and importers.
The National Capital Region (NCR) and LTO Central Office are responsible for accrediting MAIDs clients mentioned in the memorandum.