(NAR) VOL. IV NO. 2 / JANUARY - APRIL 1993
1.2.1 Used completely built-up (CBU) trucks with rated gross vehicle weight (GVW) greater than 18 tons (40,000 lbs.) of models not more than eight (8) years from the date of arrival reckoned from the date of first registration in the foreign country.1.3 Imported used trucks and other allied transport equipment shall be subject to preshipment inspection and valuation by the duly designated pre-shipment inspection company to determine compliance with the pertinent requirements specified in the covering import authority issued by the IAC-UTE.
1.2.2 Used special purpose vehicles (as properly classified by the Current Import Commodity Classification Department (CICCD) of the Central Bank) such as truck-tractors, cement bulk-carriers/transit mixers; LPG carriers; fire trucks; especially fabricated trucks for logging, mining and heavy construction jobs; truck mounted cranes/crane trucks/crane lorries, US Army Surplus Trucks, Garbage Compactor and other Special Purpose Vehicles of similar type. There is no restriction on the year model of special purpose vehicle except for those types which are used to carry inflammable materials in which case the year model requirement should not more than 10 years.
2.1.1 Four (4) copies of the proforma invoice indicating the following information: commodity code, quantity, unit price, total amount, terms of payment, gross vehicle weights, year model, number of wheels, type of trucks and/or brand.2.2 The Certificate of Authority to Import issued shall be valid for a period of sixty (60) days reckoned from the date of issuance of the Certificate and cannot be extended nor renewed without prejudice to re-application should the Import Authority expires unutilized. This import authority will be used as the basis for the importer to transact with his authorized agent bank as per Central Bank Circular 1348 dated 19 June 1992 on the mode of import arrangements (i.e. Letter of Credit (L/C); Documents against Payments (DP), Direct Remittance, Open Account (O/A) in specific cases). In the case of self-funded importation (No Dollar Imports), the Authority which is directly business with the SGS and Bureau of Customs.
2.1.2 Affidavit of undertaking executed by the company (principal) and duly authorized representative on their compliance with the conditions for importation.
3.1.1 By government offices or instrumentalities or corporations whereby payments are made or will ultimately be made whether directly or indirectly from funds of such government offices or instrumentalities or corporations.3.2 The requirement on the use of Philippine Flag Vessels as prescribed under P.D. 1466 may be waived by the Philippine Shippers' Bureau (SHIPPERCON) in accordance with the instances enumerated in Section 11 of the Revised Implementing Rules and Regulations for P.D. 1466 dated 27 November 1992.
3.1.2 By private entities or persons who were granted loans or credit or when their obligations are guaranteed by the government or its financial institutions or when payments of the freight shall be made from the proceeds of loans, credit, or guaranteed loan or credit