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ElaKiri Talk!
Importer of Dudley’s Rolls-Royce slapped with Rs. 70m penalty for wrong declaration; ordered to pay Rs. 370m in taxes
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<blockquote data-quote="chathura414" data-source="post: 31199625" data-attributes="member: 496798"><p>Importer of Dudley’s Rolls-Royce slapped with Rs. 70m penalty for wrong declaration; ordered to pay Rs. 370m in taxes</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> Rolls-Royce Phantom was declared as a Phantom Auto but was found to be a Phantom Auto EWB, Customs sources. - Ecconomy Next</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> Officials said the declared value was £417,000 in the UK <img class="smilie smilie--emoji" loading="lazy" alt="🇬🇧" title="Flag: United Kingdom :flag_gb:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f1ec-1f1e7.png" data-shortname=":flag_gb:" />, including a 20% tax, based on the Phantom Auto model.</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> Customs checks found the vehicle’s length and wheel size exceeded the Phantom Auto specification.</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> The car was identified as a Phantom Auto EWB, valued at about £479,000 in the UK <img class="smilie smilie--emoji" loading="lazy" alt="🇬🇧" title="Flag: United Kingdom :flag_gb:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f1ec-1f1e7.png" data-shortname=":flag_gb:" />, including a 20% tax.</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> Sri Lanka <img class="smilie smilie--emoji" loading="lazy" alt="🇱🇰" title="Flag: Sri Lanka :flag_lk:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f1f1-1f1f0.png" data-shortname=":flag_lk:" /> Customs slapped a penalty of about 70 million rupees for the wrong declaration.</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> The importer was ordered to pay about 370 million rupees in total, including the penalty.</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> The import gained attention after Dudley Sirisena said online the vehicle he bought was one of only 25 produced worldwide.</p><p></p><p><img class="smilie smilie--emoji" loading="lazy" alt="⭕" title="Hollow red circle :o:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/2b55.png" data-shortname=":o:" /> According to Customs sources reported by EcconomyNext if the car is later found to be a Phantom “Centenary” model, tax alone would exceed 1 billion rupees.</p><p></p><p><a href="https://economynext.com/sri-lanka-customs-slaps-penalty-tax-on-rolls-royce-phantom-over-model-gap-sources-258460/" target="_blank">https://economynext.com/sri-lanka-customs-slaps-penalty-tax-on-rolls-royce-phantom-over-model-gap-sources-258460/</a></p><p></p><p>#SriLanka</p></blockquote><p></p>
[QUOTE="chathura414, post: 31199625, member: 496798"] Importer of Dudley’s Rolls-Royce slapped with Rs. 70m penalty for wrong declaration; ordered to pay Rs. 370m in taxes ⭕ Rolls-Royce Phantom was declared as a Phantom Auto but was found to be a Phantom Auto EWB, Customs sources. - Ecconomy Next ⭕ Officials said the declared value was £417,000 in the UK 🇬🇧, including a 20% tax, based on the Phantom Auto model. ⭕ Customs checks found the vehicle’s length and wheel size exceeded the Phantom Auto specification. ⭕ The car was identified as a Phantom Auto EWB, valued at about £479,000 in the UK 🇬🇧, including a 20% tax. ⭕ Sri Lanka 🇱🇰 Customs slapped a penalty of about 70 million rupees for the wrong declaration. ⭕ The importer was ordered to pay about 370 million rupees in total, including the penalty. ⭕ The import gained attention after Dudley Sirisena said online the vehicle he bought was one of only 25 produced worldwide. ⭕ According to Customs sources reported by EcconomyNext if the car is later found to be a Phantom “Centenary” model, tax alone would exceed 1 billion rupees. [URL]https://economynext.com/sri-lanka-customs-slaps-penalty-tax-on-rolls-royce-phantom-over-model-gap-sources-258460/[/URL] #SriLanka [/QUOTE]
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