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PRESIDENTIAL DECREE NO. 1958
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PRESIDENTIAL DECREE NO. 1958 -
REPEALING PRESIDENTIAL DECREE NUMBERED 1934 AND 1950 AND IMPOSING A
PRIVATE MOTOR VEHICLE TAX AND FOR OTHER PURPOSES (Land Transportation
and Traffic Code)
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WHEREAS,
the current economic crisis amounts to a grave emergency which effects
the stability of the nation and require immediate action;chanroblesvirtualawlibrary
WHEREAS, the issuance of this decree is an essential and necessary
component of the national economic recovery program promulgated to meet
and overcome the emergency.
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:cralaw:red
Section 1. In lieu of the registration fee and energy
tax imposed under existing laws, all motor vehicles classified as
"private" shall, upon every annual registration, pay a "private motor
vehicle tax" in accordance with the following schedule:cralaw:red
Vehicle Type Current
1-year 2-year
3-year 4-year
5-year 6-year
Private
Passenger Cars
Light P1000 P1000
P1000 P1000 P1000
P1000 P800
(0-1600cc)
Medium
(1601cc-
2800cc) P2000
P2000 P2000 P2000
P1600 P1600 P1200
Heavy
2800cc
and above) P4000
P4000 P4000 P4000
P4000 P4000 P2800
Private Utility Vehicles
(2700 Kg GVW and below) - P1000 (regardless of age
of vehicle)
Provided that with respect to tax-exempt vehicles, they shall pay
registration fees.
Section 2. The tax imposed herein shall not apply to
all public utility vehicles.
Section 3. Presidential Decree Nos. 1934 and 1950 are
hereby repealed and Republic Act No. 4136, as amended by Presidential
Decree No. 843 and Batas Pambansa Blg. 74 and all laws, decrees, rules
and regulations or parts thereof, which are inconsistent with the
provisions of this Decree are hereby modified accordingly. chanroblesvirtualawlibrary
Section 4. The Minister of Transportation and
Communications shall issue the necessary rules and regulations to
implement the provisions of this Decree, including the manner by which
collections under Presidential Decree Nos. 1934 and 1950 shall be
adjusted or refunded as the case may be a result of this Decree.
Section 5. This Decree shall take effect immediately.
Done in the City of Manila,
this 10th day of October, in the year of Our Lord, nineteen hundred and
eighty-four.
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