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Message: <blockquote data-quote="Opinion" data-source="post: 24265546" data-attributes="member: 567412">Due to the revision of Excise Duty on motor vehicles and implementation of the luxury tax on the recent budget proposal, the local vehicle prices would be increased by a minimum of Rs.150,000, Vehicle Importers Association of Sri Lanka (VIASL) Chairman Ranjan Peiris said.After imposing taxes, imported vehicle prices had been increased between Rs.150,000 and Rs.600,000.Accordingly, subsequent to customs import taxes, vehicles with engine capacity less than 800cc such as Suzuki Alto, Daihatsu Mira, Toyota Pixis and Honda N Box have gone up by Rs.150,000.Vehicles with engine capacity less than 1000cc such as Toyota Vios, Toyota Passo and some Honda models are up by Rs.250,000.Vehicles with engine capacity less than 1300cc such as Toyota C-HR and Toyota Yaris have gone up by Rs.500,000.A Rs.600,000 increase in Petrol vehicles with engine capacity less than 1500cc such as Toyota Premio, Toyota Allion and Honda CR-V.Prices have gone up by Rs. 250,000 on Hybrid vehicles with engine capacity less than 800cc such as Suzuki Wagon R and Suzuki Spacia.Hybrid vehicles with engine capacity less than 1500cc such as Toyota Axio, Honda Vezel and Honda Grace hare up by Rs.500,000.source :- <a href="http://www.dailymirror.lk/breaking_news/Vehicle-prices-up-after-Budget/108-163464" target="_blank">http://www.dailymirror.lk/breaking_news/Vehicle-prices-up-after-Budget/108-163464</a></blockquote>

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