Tariff exemptions granted to e-bikes, other e-vehicles

E-MOTORCYCLES, e-bicycles and other electric-powered vehicles have been added to the list of vehicle types exempted from tariffs, the National Economic and Development Authority said on Thursday.The NEDA Board on Wednesday approved the inclusion, which was part of recommendations made by the Committee on Tariff and Related Matters following a review of Executive Order 12.

'By encouraging consumers to adopt EVs, we are promoting a cleaner, more resilient, and more environmentally friendly transportation alternative,' he added.President Ferdinand Marcos Jr., who chairs the NEDA board, also directed CTRM to conduct an annual review of the rates to ensure their 'timeliness, applicability, and impact.

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Tariff Commission backs grant of tax breaks to e-motorcyclesThe Tariff Commission (TC) has recommended to the National Economic and Development Authority (NEDA) the inclusion of e-motorcycles in its list of electric vehicles (EVs) eligible for import tax breaks.
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E-bikes, e-motorcycles included in list of import tariff exempt e-vehicles —NEDAThe NEDA Board has approved the expansion of coverage of an executive order that temporarily exempted from import tariff certain electric vehicles, parts, and components.
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