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Porsche 918 Spyder Misdeclared as Boxster, Undergoes Joint LTO-BOC Probe

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Insights by Echo AI

A Porsche 918 Spyder was misdeclared as a lower-priced Porsche Boxster upon importation, leading to a joint investigation by the Land Transportation Office (LTO) and Bureau of Customs (BOC). The discrepancy in dutiable value is approximately P44.76 million. The vehicle was voluntarily surrendered to the LTO and is now under investigation for possible violation of the Customs Modernization and Tariff Act.

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  1. Top Gear Philippine avatar

    Top Gear Philippine

    RSS / @topgear.com.ph/feed/rss1

    The misdeclared Porsche 918 Spyder undercut its suggested value by P44...

  2. Business World avatar

    Business World

    RSS / @bworldonline.com/rss

    BoC, LTO probes possible Porsche misdeclaration THE BUREAU of Customs...

  3. 热点|新闻|曝光 avatar

    热点|新闻|曝光

    Telegram / @xinwen808

    菲律宾918跑车涉嫌低报进口被查 菲律宾海关局(BOC)与陆运局(LTO)近日联合调查一辆保时捷918 Spyder,怀疑该车进口时存在申...

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