VALORCAR is responsible for the operational management of the National System for Certificate of Destruction Issuing - SNECD, under the supervision of the Portuguese Environment Agency.
Recently, an informatic connection between SNECD and the computer system of the Mobility and Transport Institute - IMT was completed for automatic registration cancellation.
Currently, the certificate of destruction data is communicated electronically to IMT, 5 days after its issuance. After computer validation, IMT carries out the automatic cancellation of the registration and the communication to the Tax Authority, for the cancellation of the Single Circulation Tax.
The implementation of this informatic connection had the following additional benefits:
- significant reduction in registration cancellation time;
- minimization of the possibility of fraud;
- significant reduction of administrative costs.