From my past experience, I thought these two terms above were the same as QP stands for Quota Premium. Calculating the COE rebate should be safe by using any of them.
Until recently I came across to a vehicle, where its value of QP Paid is lower than its Quota Premium.
Strangely, the COE rebate of this car was calculated base on the Quota Premium (i.e. the higher of the 2 values) instead.
I am puzzled.
Anyone knows what’s the difference between the 2 values?
Thanks in advance.