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Verified Tsikot Member
- Join Date
- Feb 2006
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October 11th, 2009 11:35 AM #1I did some research regarding jpepa and it seems tariff rates on vehicles with engines displacement of 3 liters and above will go down from the present 30% to 0% effective 2010. Tariff rates for vehicles with less than 3 liter engine displacement will go down from 20% to 0%
But it also states that the Philippine government can re-negotiate to defer 0% tariff for vehicles with 3 liter or more engine displacement.
If the Philippine government does not re-negotiate, it seems there will be a reduction on car prices.
This applies to vehicles originating from Japan.
any car can handle navigating to Baguio basta nasa condition. kahit nga trike pwede din hehehe....
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