Law Summary

Integration of Tax Deficiency to Basic Registration Fees

This provision outlines the integration of tax deficiencies related to private trucks into the basic registration fees, ensuring a uniform implementation across the board.

• Effective Date: The integration shall take effect on April 1, 1995, one year after its observance.
• Mandate: As per the earlier Memorandum Circular No. 93-187 dated July 26, 1993, tax deficiencies on private trucks will be included in the registration fees.

Computation of Basic Registration Fees

The computation for the basic registration fees is specified in accordance with B.P. 74. The fees are categorized based on the age and gross vehicle weight (GVW) of the motor vehicle (MV).

• For Vehicles up to 5 Years Old:

  • Registration Fee: P1,000.00 for GVW up to 2700 kgs.
  • Additional Charges:
    • P20/100 kgs. for gasoline-fed vehicles above 2700 kgs.
    • P12/100 kgs. for diesel-fed vehicles above 2700 kgs.

• For Vehicles More than 5 Years Old:

  • Registration Fee: P900.00 for GVW up to 2700 kgs.
  • Additional Charges:
    • P20/100 kgs. for gasoline-fed vehicles above 2700 kgs.
    • P12/100 kgs. for diesel-fed vehicles above 2700 kgs.

Compliance and Enforcement

This memorandum enjoins strict compliance with the outlined provisions.

• Authority: The memorandum is signed by Brig. Gen. Manuel F. Bruan, Assistant Secretary, reinforcing the seriousness of adherence to this regulation.

Key Takeaways

• The integration of tax deficiencies for private trucks into registration fees is effective from April 1, 1995.
• The basic registration fees depend on the age of the vehicle and its gross vehicle weight.
• Strict compliance with the new fee structure is mandated, ensuring uniform implementation.