Import Permits and Utilization
- All motor vehicle imports by investors/registered enterprises in the freeport/SEZ must be covered by Import Permits issued by the Subic Bay Metropolitan Authority (SBMA).
- Until further regulations are issued, such vehicles are restricted for use only within the secured area of the freeport/SEZ.
Role of District Collectors
- District Collectors stationed at the Zones are responsible for processing the import entry declarations of motor vehicles.
- Their duties include examination, assessment, and issuance of clearance certificates for imported vehicles.
Clearance Certificates and Vehicle Registration
- Clearance certificates replace the usual certificates of payments needed for vehicle registration with the Land Transportation Office (LTO).
- This facilitates the registration process under the special conditions of importation within the freeport/SEZ.
LTO Registration and Taxation Notation
- The LTO issues registration receipts bearing a specific notation: "Tax Exempt under RA 7227: Subject to Payment of Customs Duties and Taxes upon Transfer."
- This expresses the tax-exempt status during initial registration but highlights the obligation for customs duties and taxes if the vehicle is transferred.
Coordination for Vehicle Identification
- Zone authorities are tasked with coordinating with the LTO to issue distinctive license plates.
- Additionally, vehicles must have appropriate body markings indicating their importation under RA 7227, aiding monitoring and compliance.
Reporting and Implementation
- District Collectors are required to coordinate with freeport/SEZ authorities and the LTO to ensure the effective application of the regulations.
- They must also submit monthly reports on the motor vehicles processed in their jurisdiction.
Immediate Effectivity
- The guidelines are enacted with immediate effect from the date of issuance (April 3, 1995).