Monday, April 11, 2005
New car papers valid for 3 years: LTO
THE registration of new vehicles will now be valid for three years, based on a memorandum circular issued by the Land Transportation Office (LTO).
The memorandum signed by the LTO chief, Assistant Secretary Anneli Lontoc, will serve as the implementing rules of an administrative order that states the initial registration of new vehicles will be good for three years.
“New motor vehicles” refer to new and unregistered units manufactured, assembled, imported, distributed and/or sold, regardless of classification, by corporations that are members of LTO-accredited groups.
These groups are the Chamber of Automotive Manufacturers of the Philippines Inc., Truck Manufacturers’ Association and the Motorcycle Development Program Participants’ Association.
Motor vehicles are also classified into four: private, for hire, government and diplomatic.
What’s needed
Registration requirements include an authenticated sales invoice; a copy of the certificate of stock reported; a PNP-Traffic Management Group (TMG) clearance; certification of quality control by the manufacturers, assemblers and importers that the motor vehicles passed the smoke emission and roadworthiness tests; appropriate insurance policy good for three years; certificate of conformity (COC) issued by the Department of Environment and Natural Resources (DENR); and valid MVIR (motor vehicle inspection report) for identification.
Rates of the Motor Vehicle User’s Charge (MVUC) shall be collected from the owner of the covered motor vehicles for registration.
The LTO will collect the MVUC equivalent to three years or a maximum of three and three-fourth years, depending on the ending of the motor vehicle plates to be issued.
In case of late registration—beyond seven days from the date the invoice is issued—the penalty is 50 percent of the basic one year MVUC.
In the case of change classification within the three-year period, which will result in a higher collectible fee, an additional MVUC shall be collected.
No refund, however, shall be allowed if the change in classification will result in a lower MVUC, or in case the vehicle will be inactive or placed in storage.
The LTO will also collect P132 as computer fee per vehicle.
Alita Pulga, chief of LTO Cebu City registration office, said that if the vehicle is apprehended within the three-year period, because of smoke-belching and non-roadworthiness, it will be required to undergo motor vehicle inspection and emission testing. EOB
(April 11, 2005 issue)
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