Toyota Motor Philippines (TMP) announced that it will return the safeguard duty deposits collected on the sales of motor vehicles to its respective customers. The petition for safeguard duty on the importation of motor vehicles has been dismissed six months after it was implemented.
As a refresher, the Department of Trade and Industry (DTI) implemented safeguard duties on imported passenger cars (PCs) and light commercial vehicles (LCVs) last January 2021. This is enacted to support the local automotive industry as more jobs are lost due to the rising imported vehicles in the country.
Under the safeguard duty, imported PCs are added with Php 70,000 per unit, while imported LCVs get Php 110,000 per unit. The prices go up to Php 78,400 for imported PCs and Php 123,200 for imported LCVs after including value-added tax (VAT) of 12 percent.
Toyota customers who bought the following models with the added importation tax are advised to contact their Toyota dealer to see their schedules to claim their refund. The car brand said that Toyota dealers will contact the concerned customers for the schedules to claim their refund.
- Camry G
- FJ Cruiser
- Corolla Altis
- Corolla Cross
- Fortuner V and G
Light Commercial Vehicles:
- Hilux Cab and Chassis
- Hiace Cargo
Take note, Toyota models such as the Vios, Innova, Prius, Supra, Camry V, Fortuner LTD and Q, Prado, Hiace, Alphard, and Coaster are exempted from the safeguard duty tax. The Japanese automaker clarified that the collection of security deposits from new sales will be discontinued.
To keep its customers updated with the latest news such as the safeguard duty refund, TMP recently rolled out the myTOYOTA app which offers online services. Some of its features include receiving reminders and important notices, exploring Toyota models, booking service appointments, among others. It is now available on App Store and Google Play for free.
Visit Philkotse.com for more automotive news.
Know more about Toyota Avanza 2021
The Avanza was introduced by the world's second-biggest automotive brand Toyota in 2006. It’s a new entry-level multi-purpose vehicle offering from the Japanese carmaker. The PT Astra Daihatsu Motor of Indonesia developed the Avanza and marketed it as both a Daihatsu and Toyota in its home market. The conventional front engine-rear drive layout was retained similar to the Tamaraw. However, it's a bit different from its AUV ancestors in terms of size, weight, and body. The Avanza is lighter, smaller, and car-like unibody construction. The first-gen Avanza has a simple and contemporary style. The MPV we have today is the second-generation Avanza, which landed on our shore in early 2012. It received its initial refresh in 2015, wherein Toyota gave it a more upmarket appearance. It received its second facelift in 2019 when the Japanese carmaker decided to give it a sharper and sportier look. The second refresh features new wheels, new taillights, distinct split headlights, reshaped fascia, and a new grille. The interior of the Toyota Avanza also received a full makeover. It now features a more modern dashboard with added trim detailing and sharper lines. A touchscreen infotainment system was added on higher Avanza variants during the 2015 refresh. In the 2019 update, it got an updated infotainment system and new digital air-con controls. Toyota Motor Philippines offers the Avanza with two engine options. The first option is a 1.3L engine with an output of 95 hp and 121 Nm of torque. The other one is the 1.5L power plant that produces 103 hp and 136 Nm of torque. The new Dual VVT-I four-cylinder inline 16-valve DOHC engine can be paired with a 5-speed manual or 4-speed automatic transmission.