MEMORANDUM CIRCULAR NO. 2018-2126, January 22, 2018
UNAUTHORIZED STOCK REPORTING OF BRAND NEW MOTOR VEHICLES UNDER THE DIY PROGRAM
Date Filed: 22 January 2018
Based on post audit findings of Stocks Reported, it consistently appears that there are second hand imported motor vehicles processed under the DIY Program of this Office, a clear violation of the provisions of LTO Administrative Order No. AVT-2014-023.
To ensure compliance to the provisions of the aforementioned Order, the LTO shall be conducting intensified post audits of Stocks Reported under the DIY Program.
An Accredited Manufacturer, Assembler or Importer, including LTO personnel found in violation of the aforesaid Order, shall be subject to the procedures and penalties provided for under paragraphs 9 and 12 thereof, respectively.
For your information and guidance.
Assistant Secretary