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Thursday, April 25, 2024

Local truckers get discounts from PPA

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The Philippine Ports Authority (PPA) is giving truckers an incentive in the form of discounts to encourage them to secure their permits to operate (PTO) and certificate of accreditation (CA) for them to legally transact at port terminals nationwide.

According to the port authority, truckers who will file for their PTO before December 31 will be given as much as P7,000 in discounts. Originally, the price for a PTO is at P10,500 for a 3-year permit, but truckers now have the option to pay for shorter permits, depending on their needs.

The discounts are as follows: P3,500 for a one-year permit; P5,000 for a two-year permit; and P7,000 for a three-year permit.

Once the December 31 deadline lapses truckers will have to pay P10,500 when filing for their PTOs.

“The intention for the fee reduction before December 31, 2021 is to provide an incentive for PTO registration,” the PPA said.

It also explained that the PTO has “been a requirement for decades,” while the CA helps in reducing red tape and standardizes the process of filing to the ports.

The PPA recently imposed a “no permit, no service” policy for all truckers in ports nationwide. As of end-October, only 75 percent of truckers operating in the Port of Manila complied with the requirements.

The PPA announced last week that it has started to implement a “no permit, no service” policy for all truckers in ports nationwide.

Truckers are required to obtain a CA and PTO before being allowed to transact at port terminals.

According to PPA General Manager Jay Santiago, the agency decided to implement the policy as “some truckers still refuse to secure the CA and PTO.”

He stressed, however, that the policy is not new. The agency has imposed the first deadline to secure CA and PTO on October 15, which was then extended to October 31, only requiring the truckers to merely file an accomplished application form and submit all pertinent documents by December 31.

In May, the PPA said it raised its 2020 dividend remittance to the national government to P3.77 billion after it forwarded an additional P221 million to the National Treasury.

The additional dividends were remitted after a re-computation of its corporate tax income showed surplus payments, increasing its actual net income to P6.55 billion from the P6.32 billion reported earlier.

Read full article on BusinessMirror

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