Isuzu PH announces additional deposit due to safeguard duty tariff

Updated Feb 26, 2021 | Same topic: Automotive Industry Updates

Isuzu to implement a price increase effective March 1.

For those intending to purchase an Isuzu model in the near future, be aware that Isuzu Philippines announced that the provisional safeguard duty tariff will now be imposed on its imported models. This is in line with the Department of Trade and Industry’s (DTI) DAO No. 20-11.

A picture of the Isuzu mu-X in the wilderness

One of the affected models is the Isuzu mu-X

>>> Related: What you need to know about DTI’s safeguard duty affecting car prices

This increase in price will take effect on Isuzu models on March 1, and affected models include the mu-X and the D-Max. Here’s a table for further details: 
 

Affected Model 
Provisional SG Duty Rate 
Deposit 
mu-X
Php 70,000 per unit 
Php 78,400 (inc. Of VAT) 
D-Max 
Php 110,000 per unit 
Php 123,200 (inc. Of VAT) 

The aforementioned deposit will be collected by authorized Isuzu dealerships in order to cover the provisional safeguard duty. This is on top of the model’s suggested retail price. Specifically, this deposit will be collected when the customer hands over the downpayment, and when the dealership issues the acknowledgment receipt.  

Is this provisional duty rate permanent? According to DTI, the existence of the tariff will depend on the investigation of the Tariff Commision. Currently, the said agency is looking into whether this safeguard duty is necessary or not. 

In case of a refund, the aforementioned deposit can still be collected. To do that, a customer or an authorized representative of the customer should provide the original acknowledgment receipt, and one government-issued I.D.

>>> Related: Toyota PH imposes safeguard tariffs on select models effective March 1 

A picture of the 2021 Isuzu D-Max going off road

This will also affect the prices of the third-generation D-Max that will be launched in March

In the case of a representative, he or she should bring along the original acknowledgment receipt, a government-issued ID of the customer, his/her own government ID, and a signed and dated authorization from the customer.  

For now, all commercial trucks like the N-series, the F-series, etc., are exempt from the provisional safeguard duty. The Isuzu Traviz is also exempted. 

For the latest automotive industry news, keep reading here on Philkotse.com

Know more about Isuzu mu-X 2024

Isuzu mu-X

The Isuzu mu-X Philippines 2023 is the Japanese marque's entry to the 7-seater midsize SUV based on its pickup truck sibling, the Isuzu D-Max. It is offered in five variants with a price that ranges from Php 1,650,000 to Php 2,505,000. For the Philippines market, the Isuzu-made SUV has two available engine options. The smaller one is a 1.9-liter RZ4E Bluepower turbodiesel capable of making up to 148 horsepower and 350 Nm of torque. It can either come with a six-speed manual or a six-speed automatic transmission. Meanwhile, the larger engine option for the mu-X is a 3.0-liter inline-4 turbodiesel. At most, this mill can produce up to 187 horsepower and 450 Nm of torque. Only a six-speed automatic transmission is available with this engine.

Dimensions-wise, the mu-X is 4,850 mm long, 1,870 mm wide, and 1,825 mm high, with a wheelbase and ground clearance rated at 2,855 mm and 235 mm, respectively. Locally, this midsize SUV is competing against the likes of the Toyota Fortuner, Nissan Terra, and Mitsubishi Montero Sport.

₱ 1,650,000 - ₱ 2,505,000

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Cesar G.B. Miguel

Cesar G.B. Miguel

Author

Cesar Guiderone B. Miguel was born and raised in Iligan City, Lanao Del Norte. He graduated in 2010 with a Bachelor of Arts in English degree from Mindanao State University - Iligan Institute of Technology. He previously worked as a freelance writer for various websites, as a member of the Iligan City Disaster Risk Reduction Management's training staff, and as a medical sales representative.

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