I would like to use part of my rebate(s) to offset the registration taxes for my new vehicle and apply for a cash refund of the unused balance of my rebate(s). How do I achieve this?
First, you should apply to LTA to divide the PARF or COE rebate into rebates of smaller values. A fee of $10.00 (before GST) is payable per new rebate generated. Thereafter, you may submit an application, from 1 September 2008, for encashment of the rebate(s) that you do not intend to use for the registration of your new vehicle.
First, you should apply to LTA to divide the PARF or COE rebate into rebates of smaller values. A fee of $10.00 (before GST) is payable per new rebate generated. Thereafter, you may submit an application, from 1 September 2008, for encashment of the rebate(s) that you do not intend to use for the registration of your new vehicle.
Source:LTA