Amending Republic Act No. 4136, As Amended, Otherwise Known as The Land Transportation and Traffic Code By Increasing the Annual Registration Fee on Private Automobiles and Imposing an Ad V
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Amending Republic Act No. 4136, As Amended, Otherwise Known as The Land Transportation and Traffic Code By Increasing the Annual Registration Fee on Private Automobiles and Imposing an Ad V
Presidential Decree No. 843
December 12, 1975
Case Overview and Summary
Summary of Presidential Decree No. 843Amending the Land Transportation and Traffic Code (Republic Act No. 4136)
I. Increase in Annual Registration Fees for Private Automobiles (Section 1)
- Registration fees for private automobiles based on shipping/factory weight:
• 1000 kilos or less: P110.00
• 1001 to 1,500 kilos: P200.00
• 1501 to 2,000 kilos: P385.00
• 2001 kilos and above: P630.00
- Sports cars, regardless of weight: P1,000.00 (Section 1a)
- Private jeeps and jeepneys, regardless of weight: P110.00 (Section 1a)
II. Ad Valorem Tax on Private Passenger Automobiles (Section 2)
- Imposed annually in addition to registration fees
- Based on a schedule of values fixed by the Secretary of Finance
- Rates:
• Sports cars (regardless of weight): 1 1/2%
• Extra heavy automobiles (2001 kilos and over): 1 1/2%
• Heavy automobiles (1501-2000 kilos): 1%
• Light automobiles (1001-1500 kilos): 3/4 of 1%
• Bantam automobiles (1000 kilos or less): 1/2 of 1%
• Private jeeps and jeepneys (regardless of weight): 1/2 of 1%
III. Collection and Remittance of Ad Valorem Tax (Section 3)
- Land Transportation Commission to collect the tax as deputy of the Commissioner of Internal Revenue
- Proceeds to be turned over to the Treasurer of the Philippines within 10 days after the end of each month
IV. Other Provisions
- Registration fees for motor vehicles for hire shall be 60% more than private motor vehicles (Section 1e)
- Registration fees for diesel-oil-consuming vehicles shall be 50% more than vehicles using other motor fuel (Section 1f)
- Fees for dealer's number plates (Section 1g)
- Government motor vehicles exempt from registration fees (Section 1h)
- Exemptions for motor vehicles not operated on public highways (Section 1i)
- Maximum allowable gross weight determined by the Commissioner of Land Transportation (Section 1j)
- Registration fees for trucks may be paid in two equal installments (Section 1k)
- Rules and regulations to be promulgated by the Secretary of Finance (Section 4)
- Repeals inconsistent laws (Section 5)
- Effective date: January 1, 1976 (Section 6)
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Executive Issuances
Presidential Decrees
registration fees
private automobiles
ad valorem tax
energy tax
sports cars
jeeps
jeepneys
motor trucks
passenger buses
trailers
motorcycles
scooters
bicycles with motor attachments
diesel-oil-consuming vehicles
motor vehicles for hire
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Amending Republic Act No. 4136, As Amended, Otherwise Known as The Land Transportation and Traffic Code By Increasing the Annual Registration Fee on Private Automobiles and Imposing an Ad V
Presidential Decree No. 843
•December 12, 1975
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 843
AMENDING REPUBLIC ACT NO. 4136, AS AMENDED, OTHERWISE KNOWN AS THE LAND TRANSPORTATION AND TRAFFIC CODE BY INCREASING THE ANNUAL REGISTRATION FEE ON PRIVATE AUTOMOBILES AND IMPOSING AN AD VALOREM TAX THEREON, AND FOR OTHER PURPOSES
WHEREAS, as a result of the increase in the price of oil, the cost of petroleum imports has risen from P2.2 billion in 1972 to P7.2 billion in 1974, thus adversely affecting the country's balance of payments position;
WHEREAS, there is need to discourage uneconomic consumption of fuel;
WHEREAS, there is also need for additional revenue to support economic development.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree the following:
Section 1. Section 8 of Republic Act No. 4136, as amended is hereby amended to read as follows:
"Sec. 8. Schedule of Registration Fees. ? Except as otherwise specifically provided in this Act, each application for the registration of motor vehicles...
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Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Presidential Decrees
registration fees
private automobiles
ad valorem tax
energy tax
sports cars
jeeps
jeepneys
motor trucks
passenger buses
trailers
motorcycles
scooters
bicycles with motor attachments
diesel-oil-consuming vehicles
motor vehicles for hire
dealer's number plates
government motor vehicles
exemptions
maximum allowable gross weight
installment payments
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 843
AMENDING REPUBLIC ACT NO. 4136, AS AMENDED, OTHERWISE KNOWN AS THE LAND TRANSPORTATION AND TRAFFIC CODE BY INCREASING THE ANNUAL REGISTRATION FEE ON PRIVATE AUTOMOBILES AND IMPOSING AN AD VALOREM TAX THEREON, AND FOR OTHER PURPOSES
WHEREAS, as a result of the increase in the price of oil, the cost of petroleum imports has risen from P2.2 billion in 1972 to P7.2 billion in 1974, thus adversely affecting the country's balance of payments position;
WHEREAS, there is need to discourage uneconomic consumption of fuel;
WHEREAS, there is also need for additional revenue to support economic development.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree the following:
Section 1. Section 8 of Republic Act No. 4136, as amended is hereby amended to read as follows:
"Sec. 8. Schedule of Registration Fees. ? Except as otherwise specifically provided in this Act, each application for the registration of motor vehicles...
Login to see full content