(NAR) VOL. 12 NO. 1 / JANUARY - MARCH 2001
1.2.1 Used Completely Built-Up (CBU) Left Hand Drive Trucks for the transport of goods (cargo) with rated Gross Vehicle Weight (GVW) greater than 4.5 tons [4,500 kgs.] but not exceeding 6 tons [6,000 kgs.] regardless of year model provided these are accompanied by a Certificate of Roadworthiness and Certificate of Compliance to Emission Standards issued from the country of origin stating acceptable level of emissions at the time of exportation.Section 2. Import Procedures
1.2.2 Used CBU Left Hand Drive (Special Purpose Vehicles SPVs) as properly classified by BSP regardless of model, provided these are issued by the country of origin with a Certificate of Roadworthiness and Certificate of Compliance to Emission Standards of the country of origin stating acceptable level of emissions at the time of exportation. No importation of Right-Hand Drive (RHD) SPVs which are principally road trucks shall be allowed. Only SPVs classified as “Off-the-road” type and with DOTC Certification [i.e. heavy duty and slow moving vehicles used for concession like mining, logging, etc.] shall be allowed for importation even if these are RHDs.
1.2.3 Used CBU LHD Buses with rated gross vehicle weight (GVW) greater than 6 tons [6,000 kgs.] but not exceeding 12 tons [12,000 kgs.] regardless of year model provided these are accompanied by a Certificate of Roadworthiness and Certificate of Compliance to Emission Standards issued from the country of origin stating acceptable level of emissions at the time of exportation. Used passenger buses which are RHD must be accompanied by appropriate conversion kits or steering assay. Or all of the following parts: steering knuckle assembly, knuckle arm steering, arm tie rod, end tie rod and drag link.
2.1.1 One (1) original proforma invoice indicating the following information: Classification/Commodity code, quantity, unit price, total amount, terms of payment, gross vehicle weight, year model, number of wheels, type/brand of trucks/buses.2.2 The Certificate of Authority to Import issued shall be valid for a period of sixty (60) days for importations under the Letter of Credit (L/C) Mode of Payment, and one hundred twenty (120) days for importations under non-L/C Mode of Payment, (i.e. Self-Funded, Document Against Payments [DP], etc.] reckoned from the date of issuance of the Certificate and cannot be extended nor renewed without prejudice to re-application should the import authority expired unutilized. On the self-funded importation, the authority which is addressed to the importer shall be used to transact business with the Bureau of Customs (BOC).
2.1.2 Affidavit of undertaking executed by the company (principal) and duly authorized representative on their compliance with the conditions for importation.
3.2.1 That the IAC-UTE Secretariat shall endorse the TOO to the LTO, upon submission of the following:3.3 The BIS prior to endorsement to LTO shall require bus owners/operators to inscribe conspicuously in the bus the following marks:
a) Copy of the Import Authority b) Bank Certified copy of L/C if under L/C c) Complete set of shipping documents (i.e. Commercial Invoice, Packing List, Bill of Lading, Pre-Shipment Clean Report of Findings or SGS-CRF, Certificate of Cancellation of Registration-including its English translation) d) Certificate of Payment e) Notarized “Deed of Sale” and “Affidavit of Waiver”.
3.2.2 For Seller/Transferor (Franchise-holder): That the buyer is a bonafide franchise-holder and at least ten (10) units out of the total number of imported units shall remain to the seller/transfer for operations.
3.2.3 For Seller/Financing Institution: That the buyer is a bonafide franchise-holder and that the units were legally foreclosed/impounded from the previous owner/franchise-holder.
3.2.4 For Seller/Trader: That the buyer is a bonafide franchise-holder and/or duly registered corporation from the Securities and Exchange Commission and/or with Department of Trade and Industry - BTRCP/NCR/BOI or any other government agency (i.e. CDA, etc.)
NOTE: Only qualified bonafide holders of Public Utility Bus (PUB) denomination duly registered with the LTFRB are allowed to avail of this TOO Scheme for imported buses availed on the previous Bus Importation Program.
3.3.1 Buses to be registered as PUB - “For Passenger Bus Transport Use Only”3.4 The Secretariat shall also submit within ten (10) days from the last day of the reference month, a monthly summary filing to the LTO through the Registration Division covering all import and release authorizations issued by the IAC-UTE together with copies thereof.
3.3.2 Buses to be registered as private - “For Private Use Only” or as the case maybe