Law Summary
Basis for Reckoning the Seven-Day Period for Late Registration Penalty
- LTO Memorandum Circular (MC) No. 509-2004 states the sales invoice date for completely built units (CBUs) and the affidavit of rebuild completion date for rebuilt units shall be the basis for determining the seven-day period.
- The 50% penalty must be imposed if registration occurs after this period.
Specific Penalty on Sales Invoice Issues
- MC No. 553-2004 mandates a 50% penalty for initial registration of motor vehicles when the sales invoice has undated, erased, or superimposed dates.
Compliance Requirements for Sales Invoices
- Sales invoices must include the signature of the buyer and the authorized dealer representative.
- The date of the sales invoice must be clear, consistent, and not rubber-stamped.
- Typewritten or handwritten font styles in the date section must match the rest of the invoice entries.
- Receiving officers and evaluators must reject sales invoices with incomplete or inconsistent data before sales evaluation.
Automatic Penalty Enforcement by Evaluators
- Computer or manual evaluators at district/extension offices must automatically impose the 50% penalty if the font of the sales invoice date is different from other entries.
Disciplinary Measures for Violations
- Officials or employees who fail to comply with the circular are subject to disciplinary action under relevant office policies and Civil Service Rules and Regulations.
Effectivity and Supersession
- This memorandum circular is effective immediately upon issuance.
- It supersedes any previous issuances that conflict with its provisions.
- Strict compliance by all concerned offices is mandated.