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.
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
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.